Welcome to the world of ElectriPlast!! This Blog is dedicated to open and honest discussion on Integral Technologies & their intellectual property (IP) known as ElectriPlast. Discussions on this Blog include: Historical Perspectives (Integral & its Products); Management Profiles; Patents; Production Issues; Tech Spin-offs; Product Speculations and Time Tables; The Game Plan; Media Relations; Corp Supporters; Shareholder Impressions; & the Latest News.

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Location: Bavaria, Germany

I am a retired US Government analyst, currently residing in Germany. I am also a shareholder in the company called Integral Technologies (OTCBB: ITKG), and have a desire to enlighten and share its great and still emerging story. I am well read, focused and appreciate challenging interactions which spark creativity and develop enlightenment. That is why I created the ElectriPlast Blog, and the reason I am here.

February 13, 2012

ElectriPlast: Making the Case for the “Seoul Brothers”...







By Vince S.,
ElectriPlast Blog Editor

“Testing for conductivity, shielding (both electric and electro-magnetic) and mechanical strength all met or exceeded Hanwha L&C's demanding requirements.” 
Integral Technologies Press Release, 1 Feb 2012
Have we struck gold with the Hanwha connection?

News from the Korean peninsula has been a near permanent fixture in the US media since that military masterpiece, the Inchon Landing in 1950. Whether the news concerns saber-rattling on the 38th parallel, the election of the first Korean secretary general of the United Nations, attempts at rapprochement between the two Koreas, or the recent changing of the guard in Pyongyang, things Korean have had a way of capturing headlines in the US. Now, another bold Korean move has grabbed headlines by taking an initiative that will have a profound impact on the future of Integral Technologies; it has the potential to introduce ElectriPlast to Asian markets and drive sales in the United States.

ElectriPlast Meets the Chaebol

In a recent series of Integral Technologies press releases, it was announced that Hanwha, a $30 billion multinational conglomerate (chaebol), signed a Letter of Intent for exclusive rights to manufacture ElectriPlast pellets and to produce ElectriPlast for the Korean and Asian markets. Previously, “growing demand” had generated the need for Integral to open an office in Seoul. Given that one of Hanwha’s major market areas is in the automotive sector, let’s take a quick look at that sector to see what impact Hanwha might have on Integral Technologies. Naturally, it doesn’t take much of a stretch to link Hanwha’s booming automobile parts business to their cross-town neighbor Hyundai. Make no mistake about it; we are in all likelihood talking about ultimately providing Hanwha-made ElectriPlast parts to Hyundai, a major player in the global automobile space.

But speaking of chaebols, Hanwha is the third largest Korean multinational conglomerate behind Samsung ($220 billion) and LG Chem ($89.55 billion). It is unlikely that those two will sit on the sidelines and watch Hanwha increase sales through the introduction of ElectriPlast. In fact, according to an April 12, 2011 article on the ElectriPlast Company Corner blog, LG Chem has already developed a battery pack with ElectriPlast shielding.

Nimble, Innovative and Constantly Expanding

Since the introduction of Hyundai to the US market in 1986, Hyundai (with subsidiary, Kia), made the decision to combine quantity and quality, strategic moves that paid huge dividends by elevating Hyundai to the fourth largest automobile manufacturer in the world by 2010. Hyundai, which means modernity in Korean and Kia, deriving from Korean words that mean to rise to the world from Asia, is also expanding in the US to make its products more accessible to US manufacturers.

The Korean just-in-time philosophy came at a time when US automotive sales-- reeling from the impact of the recession, concerns about quality and rising labor costs--virtually flat-lined.

Unbridled Enthusiasm and formidable competitors

Now the American automobile market is enjoying a dramatic turn-around. Consider these two recent factoids:

• After several years on life support, car and truck sales rose 11 percent in January 2012, kick-starting what is expected to be the strongest year for the US auto industry since the start of the recession.

• Chrysler, which was on the verge of receiving “last rites,” has rebounded to the point where they are giving 26,000 factory workers profit-sharing checks of circa $1500 each.

Given this upside environment, is it any wonder that Hanwha, who are rapidly expanding their operations worldwide, are about to introduce ElectriPlast to the Asian and US markets? The Koreans, with a history of innovation and vision and a reputation for being nimble, will be the first to go to market with ElectriPlast on a large scale. Also, a possible consequence of Hanwha’s move might be to drive those many US companies, with whom we have been engaged for years, to accelerate their plans, once Hanwha proves that it can book huge sales using ElectriPlast.

Once again, the Korean peninsula has delivered bold headlines, the results of which appear to bode well for Integral Technologies. This striking news is bound to produce stunning results.

To answer the question in the sub-headline, it sure looks like it.

February 02, 2012

ElectriPlast: Clairity on the Asian Approach...

This Bit of Different May Be A Good Thing





By Business Wire, 02/01/12 - 10:20 AM EST


Integral Technologies, Inc and Hanwha L&C Announce Signing of Letter of Intent to Manufacture and Distribute ElectriPlast™ in Asia

Integral Technologies, Inc. (OTCBB: ITKG) an emerging leader in hybrid conductive plastics, announced today the signing of a Letter of Intent ("LOI") with Hanwha L&C of Korea that contemplates granting Hanwha L&C certain rights to manufacture and distribute Integral's signature ElectriPlast™ technology in various parts of Asia. Integral is the original researcher, developer and 100% owner of all intellectual property surrounding the ElectriPlast™ technology, and markets the ElectriPlast™ product through Integral's wholly owned subsidiary, ElectriPlast™ Corp.

Hanwha L&C's desire to enter into an LOI followed the results of independent testing of ElectriPlast™ that took place over the past few months. Testing for conductivity, shielding (both electric and electro-magnetic) and mechanical strength all met or exceeded Hanwha L&C's demanding requirements.

The LOI with Hanwha L&C represents Integral's potential expansion into Asia. "We are excited to possibly have a strategic partner like Hanwha L&C manufacture and distribute ElectriPlast™ in the large regional manufacturing Asian base," said William Robinson, Integral's Chairman & CEO. "We appreciate that Hanwha L&C understands the uniqueness of the revolutionary technology behind our conductive pellet, and we recognize the value to Integral to potentially have such a respected strategic partner like Hanwha L&C with its multitude of Asian marketing channels." Specifically, the LOI contemplates Integral and Hanwha L&C entering into definitive agreements granting an exclusive license to manufacture and distribute ElectriPlast™ in Korea. The LOI further contemplates a non-exclusive license to distribute ElectriPlast™ in China, Japan and Taiwan, as well as a right of first refusal to extend the exclusive license to manufacture in Korea to China, Japan and Taiwan and to make the non-exclusive license to distribute in China, Japan and Taiwan an exclusive license.

Hanwha L&C is part of the Hanwha Group, a global diversified company with nearly $30 billion in annual revenue that operates in three main sectors: manufacturing & construction, finance and services & leisure. "We see the conductive plastics market as a tremendous growth opportunity and the ElectriPlast™ technology as a leader in this young industry" said Won S. Choe, Hanwha L&C's Vice President of Business Development. "Integral is a strategic fit for us since we are already a force in the thermoplastics industry and have many potential uses for ElectriPlast™ in our different lines of business, including our automotive division. We are also confident that this potential partnership will make ElectriPlast™ a product in great demand with our customers throughout the Asian region."

The LOI is non-binding and calls for the completion of certain milestones by the parties. They look forward to potentially executing definitive agreements in the first half of 2012.

Integral Technologies, Inc.

Integral Technologies, Inc. ("Integral"), ( http://www.electriplast.com/ ) engages in the discovery, development, and commercialization of electrically conductive hybrid plastics used primarily as raw materials in the production of industrial, commercial and consumer products and services worldwide. Its core material, ElectriPlast™, is a non-corrosive, electrically conductive resin-based material whose properties allow it to be molded into any of the infinite shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60%. Integral is a leader in conductive hybrid plastics with a broad Intellectual Property portfolio referencing its ElectriPlast™ technology. Applications for ElectriPlast include: Shielding Wire, Power Electronics, Connectors, and Cables; Shielding , Conduction, Batteries, Semiconductors, Heated Elements, Sensors, Antennas, Medical Devices, Consumer Electronics and Acoustics, Fuses, Capacitors, Resistors, RFID, Busbars and Terminals. Follow us on Facebook and Twitter.

Hanwha L&C

Founded in 1965, Hanwha L&C has been a representative Korean company in the construction materials field for half a century. With respect to accumulating original high value technical skill and retaining top employees, Hanwha L&C has been expanding the business to future growth industries such as auto lightweight materials, electronic materials, and photovoltaic materials, as well as focusing on high value pioneering industries. Hanwha L&C supplies global automakers with a variety of interior and exterior auto components made with lightweight materials such as glass fiber mat-reinforced thermoplastic (GMT), lightweight reinforced thermoplastic (LWRT), and expandable polypropylene (EPP). Including its acquisition of US-based LWRT maker Azdel, Hanwha L&C has strengthened its position as a global auto materials supplier with establishing production bases in the United States, China, and Czech Republic. Hanwha L&C has also produced EVA sheet for photovoltaic module encapsulation and is now investing to expand production capacity. In the construction materials field, the company operates plants in Korea and North America to produce construction materials as well as HanStone® Quartz surfaces for global markets.

Safe Harbor Statement

This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company's future financial performance and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the company's public filings with the SEC, including, without limitation, those described in the Company's annual report on Form 10-K for the year ended June 30, 2011 as filed with the Securities and Exchange Commission and available at http://www.sec.gov/ , and (4) the parties may be unable to agree upon definitive agreements. You are urged to consider these factors carefully in evaluating the forward-looking statements.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50151818&lang=en

SOURCE: Integral Technologies, Inc.

Contact: Doug Bathauer, VP of Corporate Development, 812-455-5767

Read the full story at: http://www.thestreet.com/story/11394537/1/won-s-choe-vp-business-development-hanwha-lampc-l-william-robinson-chairman-amp-ceo-integral-technologies-r-photo-business-wire.html