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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.

April 09, 2014

ElectriPlast: Asian Manufacturing Base, Check...




By: PRNewswire,
April 7, 2014

Integral Announces Launch of Hanwha L&C's ElectriPlast® Line

Integral Technologies, Inc. (OTC-BB: ITKG) ("Integral"), an emerging leader in hybrid conductive plastics, and its wholly owned subsidiary ElectriPlast Corp., announced today that Hanwha L&C, a global high-tech materials maker based in South Korea, has launched its dedicated production line for ElectriPlast, Integral's patented line of hybrid conductive plastics.

"Integral and Hanwha L&C established a manufacturing base in South Korea because we both believe in the long-term strength of the ElectriPlast market in Asia," said Doug Bathauer, CEO of Integral. "Its strategic location will enable the supply of ElectriPlast to South Korea's consumer electronics industry, which is one of the largest in the world, as well as to China's world-leading auto market. Along with Hanwha L&C, we look forward to tremendous growth in these industries in the years to come, while we strive to provide ElectriPlast to customers across Asia. We expect ElectriPlast to become the predominate hybrid conductive plastic utilized in Asia."

In June 2013, Integral and Hanwha L&C signed a 10-year agreement that grants Hanwha L&C exclusive rights to sell distribute and manufacture ElectriPlast in South Korea, plus non-exclusive sales and distribution rights to ElectriPlast in Japan, Taiwan and China. Founded in 1965, Hanwha L&C develops and supplies global automakers with a variety of composite lightweight automotive materials. In 2012, Hanwha L&C entered the touch screen panel market, and it is now supplying key components such as ITO (Indium Tin Oxide) glass and ITO film for smart mobile devices.

Integral's proprietary line of non-corrosive, electrically conductive resin-based materials—ElectriPlast—is engineered to replace traditional metals such as steel or aluminum. Typically used for electrical and magnetic shielding applications in such industries as automotive, aerospace and consumer electronics, ElectriPlast can 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%.

About Integral Technologies, Inc
(ITKG) ("Integral"), and wholly owned subsidiary ElectriPlast Corp, engage 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, Bus bars and Terminals

About Hanwha L&C

Hanwha L&C is part of the Hanwha Group of companies that collectively form one of the largest conglomerates in South Korea. Headquartered in Seoul with annual sales exceeding $30 billion USD, Hanwha's businesses include chemicals, munitions, plastics and similar materials for aerospace, automotive and consumer goods industries, as well as solar, pharmaceuticals, financial services, renewable energy, manufacturing and construction. Hanwha Group is on Forbes' list of Top Global Companies.

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, 2013 as filed with the Securities and Exchange Commission and available at 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.

Corporate -- Media Inquiries -- Investor Inquiries: 1-812-455-5767, itkginquiry@itkg.net
SOURCE Integral Technologies, Inc.
Copyright (C) 2014 PR Newswire. All rights reserved

RELATED LINKS http://www.electriplast.com


Anonymous Anonymous said...

Didn`t Jasper Rubber do all these same things 7 years ago? How much revenue have they created?

April 09, 2014 7:25 PM  
Anonymous Anonymous said...

No. They're Jasper Rubber, not Jasper Plastics.

April 11, 2014 2:48 AM  
Anonymous Anonymous said...

Its interesting to note that Hanwha is not saying anything. You would think that an industry-leading multi-billion dollar company would be:
- posting this new "disruptive technology" on their website
- advertising their new EP products in the trade literature
- making their own press releases on their investment.

But nothing.

Instead we have ITKG doing all the talking (as usual) and the stock proce is back to 30 cents.

April 14, 2014 2:24 PM  
Anonymous Anonymous said...

Yes, it is a troublesome thought, isn't it? And the same holds true in the case of BASF. I contacted a PR quoted BASF rep and asked some questions about their described published relationship. He verified the relationship with Integral. At the same time, BASF has not published anything on the line of what you're saying about Hanwha. Hope that puts your mind at ease... did mine.

April 15, 2014 6:58 AM  
Anonymous Anonymous said...

You raise a good point. In addition, some may have not heard this in the call, but BASF is supplying material to Hanwha for production of Electriplast. Large companies do not always shout from the top of mountains that they have a new material. This may sound counter intuitive, but if you were a Hanwha, Delphi, BASF, etc. wouldn't you prefer to approach your customers on an individual basis and let them know what you can provide them with? Everyone looks for a competitive advantage including BASF and their customers. If companies such as the aforementioned start making public announcements they give away that competitive advantage. A few more items for consideration, these three large companies did not become the size they are by accident (smart management, asset utilization, etc.), once you get to be their size it is that much more difficult to grow (i.e. 3% of a billion vs. 3% of a million), and finally don't underestimate who is watching the aforementioned companies and what they do (think along the lines of competitors).

April 16, 2014 7:21 PM  
Anonymous Anonymous said...

One more point, do not underestimate the value of customer relationships. They can be a valuable intangible asset...

April 16, 2014 7:24 PM  
Anonymous Anonymous said...

Intangible assets are indeed valuable, especially when after 7 years of commercialization efforts you don`t have a single tangible asset.

April 17, 2014 6:48 AM  
Anonymous Anonymous said...

fair enough. The intangible assets need to be monetized. That is one point that both the shareholders and nay sayers can agree on. If it happens, the intangible asset value of ITKG will increase exponentially, very quickly I might add.

April 17, 2014 6:19 PM  
Anonymous Anonymous said...

Ye, I love that "very quickly" part.

April 18, 2014 1:02 AM  
Anonymous Anonymous said...

what happened to everyone on this blog? Vince, you still here?

August 28, 2014 8:02 PM  
Anonymous Investor said...

Wow. This blog used to be pretty active even when there was nothing going on. Now the stock price doubled and it's crickets. I still remain cautiously optimistic, but the recent news and stock rise is at least a breath of fresh air and feels a little more exciting than the ephemeral spikes of the past.

September 29, 2014 5:16 PM  
Blogger PK... said...

Hi all,

This has been one of Integral's most active seasons, and the fun, according to those on the inside with a finger to the pulse, is only expected to continue.

Unfortunately, for the past quarter I've been limited in how I could either re-post & publish EP related events as they were taking place on the ground, especially when armed with only an iPhone for the most part.

Those limits will change shortly, as I am on the tail-end of what has turned into summer-long TDY to Vicenza. Until then, I thought it best to let Integral speak for itself -- one tidbit to share (or as I am pecking this out, 'refer' is a best choice word) with all would be some of the recent postings and analytical assessments as seen on seekingalpha.com.

Take a look...

Until then, cheers from the Heart of Italy, PK sends...

September 30, 2014 6:25 AM  

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