(PRWEB) February 1, 2012

pubDate Bellingham, WA-Integral Technologies, Inc.. (ITKG-OTC: BB), an emerging leader in hybrid conductive plastic, announced today the signing of a Letter of Intent (LOI) with Hanwha L & C of Korea, Hanwha L & C provides grants certain rights to Integrated manufacturing and distributing firm ElectriPlast Technology in various parts of Asia. Integral is the original researcher, developer and owner of 100% in IP around ElectriPlast technology, and markets products through ElectriPlast Comprehensive wholly owned subsidiary, ElectriPlast Corp..

desire Hanwha L & C to enter into a letter of intent has been followed the results of independent testing of the payback ElectriPlast That place in recent months. Tests for conductivity, shielding (both electrical and electromagnetic) and low mechanical strength reached or exceeded the Hanwha L & C of high standards.


The Letter of Intent with the Hanwha L & C

Integral represents the potential expansion in Asia. We are excited to possibly have a strategic partner like Hanwha L & C manufacture and distribute ElectriPlast in the great Asian regional manufacturing base, said William Robinson, president and CEO of integrals. We appreciate the Hanwha L & C understandi the uniqueness of the technology behind our revolutionary lead pellets, and we must recognize the value of the integral I am therefore pleased to have potentially a respected partner and strategic Hanwha L & C With its multitude of marketing channels in Asia. Specifically, the letter of intent contemplates Integral and Hanwha L & C Introduction ultimate in donations exclusive license agreements to manufacture and distribute ElectriPlast in Korea. The letter of intent also 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 China to Korea, Japan and Taiwan and have non-exclusive license for distribution in China, Japan and Taiwan, an exclusive license.

Hanwha L & C is part of the Hanwha Group, a diversified global company, with cooler than $ 30 million in annual revenues operatus in three main sectors: Manufacturing and Construction, Finance and Leisure Services. The conductive plastic to the market as a tremendous opportunity for growth and ElectriPlast Technology as a leader in this industry were won Young, S. Choe, Hanwha L & C Vice President of Business Development. Integral is a strategic fit for us as we are now a force in the thermoplastics industry and have many uses in our potential ElectriPlast for different lines of business, including our Automotive Division. We are also confident that this partnership will make possible high-demand product ElectriPlast with our customers throughout the Asian region.

Letter of Intent is not binding and called for the completion of certain milestones by the parties. Otherwise expect potentially the execution of definitive agreements in the first half of the 2012th

Integral

Technologies, Inc..

Integral Technologies, Inc.. (OTCBB: ITKG) (Integral) (http://www.electriplast.com/) dedicated to the discovery, development and commercialization of hybrid electric conductive plastics used primarily as feedstock in the production of Industrial Products and Consumer Trade and global services. Its core material, ElectriPlast is corrosion resistant, electrically conductive resin-based material whose properties allow it to be molded into the objections of the infinite shapes and sizes associated with plastics, rubber production and other polymers while reducing component weight by 40 to 60%. Integral is a leader in hybrid conductive plastics with a broad portfolio of intellectual property of their technology ElectriPlast reference. Applications for ElectriPlast include: Cable shielding, power electronics, connectors and cables, shielding, conductin, batteries, semiconductors, heating elements, sensors, antennas, medical devices, consumer electronics and acoustics, fuses, capacitors, resistors, RFID, Bars and Terminals. Follow us on Facebook and Twitter.

Hanwha L & C

Founded in 1965, Hanwha L & C has been Representative of the Company in the Korean construction materials field for half a century. With respect to the accumulation of the original skill, high technical merit and retain the best employees, Hanwha L & C has been the expansion of the business for future growth industries I am therefore pleased as automotive light materials electronic materials and photovoltaic materials and industry focus is a high value of the pioneers. Hanwha L & C provides global automakers with a variety of interior and exterior automotive components made from lightweight materials so I am pleased that the glass fiber mat reinforced thermoplastic (GMT), lightweight reinforced thermoplastic (LWRT), and expanded polypropylene (EPP). Including its acquisition of U.S. manufacturer Azdel LWRT, Hanwha L & C has strengthened its position as a global automotive supplier with establishing the material basis of production in the United States, China and Czech Republic. Hanwha L & C also has EVA sheet for photovoltaic module encapsulation and investing now is to expand production capacity. Building Materials in the field, plants operatus company in Korea and North America to produce building materials and HanStone? Quartz surfaces for global markets.

Safe Harbor Statement

This press release

contains forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, without limitation, predictions and guidance relating to future financial performance of the company and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology like that, I’m glad you can, wait, plans, anticipates, believes, estimates, predicts, potential, continue or the negative of these terms or other comparable terminology . Forward-looking statements are based Management’s current expectations, but that otherwise involve a number of risks and uncertainties. Actual results and timing of events that could lead differe substantially from those anticipated in forward-looking statements as a result of factors I am therefore satisfied, risks and uncertainties as (1) competition in the markets for products and services sold by the Company, (2) The ability of the company to implement its plans, (3) other factors detailed in the public presentation of the Company’s SEC filings, including, without limitation, guiding described the in the company’s annual report on Form 10-K for the year ended June 30, 2011, filed with the Securities and Exchange Commission and available at http://www.sec.gov, and (4) parts can not be about to agree on definitive agreements. You are advised to carefully consider these factors in evaluating forward-looking statements.

# # #


[Facebook] [Google] [MySpace] [Slashdot] [Sphere] [Sphinn] [Spurl] [Squidoo] [StumbleUpon] [Technorati] [Twitter] [Windows Live] [Yahoo!] [Email] More »