EVANSVILLE, Ind., April 28, 2015 /PRNewswire/ -- Integral Technologies, Inc.'s and its wholly owned subsidiary ElectriPlast Corp. announces that Doug Bathauer, President and Chief Executive, Integral Technologies, is a featured speaker at the 3rd annual Smart Manufacturing Summit, hosted by Chief Executive Magazine, held from April 28-30th 2015 at the Hyatt Regency in Indianapolis, Indiana. The theme of this year's summit is reinventing American manufacturing for the 21st Century.
Bathauer is a featured panelist for the 11:10 am session on Tuesday, April 28th titled, "Advanced Materials for Advanced Manufacturing" with fellow panelists Anthony Dutton, President and CEO, IBC Advanced Alloys and William Brindley, Manager, Advanced Manufacturing and Aftermarket Technology, Pratt & Whitney."
The Smart Manufacturing Summit 2015 is co-hosted by Cummins Inc., and will feature senior executives from the State of Indiana, PWC, Microsoft Dynamics, Cisco Systems Inc., Eli Lilly and Company, Stanley Black & Decker, Siemens Digital Factory US, Rockwell Automation, Pratt & Whitney, IBC Advanced Alloys and Integral Technologies.
ElectriPlast®, recognized by Popular Science magazine with a "Best of What's New Award" is now entering its commercialization phase as a truly disruptive technology that is changing the way many industries approach materials, design and manufacturing.
ElectriPlast®, is engineered to replace traditional metals, 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%. Analysts predict that 'lightweighting' (the process of reducing weight for improving performance and improving fuel efficiencies) will become a $300 billion annual market as global trends point to CO2 reduction and resource efficiencies as being vital to meeting regulatory and industry mandates.
"To expedite the commercial launch of ElectriPlast®, Integral has sought development and commercialization partnerships with companies that are well-capitalized and have extensive customer relationships," said Doug Bathauer, Chief Executive Officer, Integral Technologies
About Integral Technologies, Inc.
Integral Technologies Inc. (OTC-BB: ITKG) 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.
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, 2014 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.
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SOURCE Integral Technologies, Inc.