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Integral Completes Motor Casing Prototypes in Asia

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CANTON, Mich., Oct. 8, 2014 /PRNewswire/ -- Integral Technologies, Inc. (ITKG) ("Integral"), an emerging light-weighting leader and its wholly owned subsidiary ElectriPlast Corp., announced today that its Asian molding partner Chang Rim Eng Inc. ("Chang Rim") has successfully completed its prototype phase for a motor casing for the automotive industry. "This is a major milestone for us, as we have been exploring the use of conductive plastics in Asia and this is the first opportunity we have had to implement a product using the ElectriPlast technology. We have tested and trial molded many different conductive plastics from the US and Europe and found ElectriPlast to be the most effective for our applications under development," stated Won-Hyun Kwon, Chang Rim's President. "We are in the process of providing a large number of final test units to our customer and expect contract award by end of this year." Chang Rim has been closely involved with the development of the motor casing shielding application, including material support, molding trials, testing and validation efforts.

Chang Rim is a specialty molder based in Daegu, South Korea focusing on high margin plastic injection molded products for a variety of industries in addition to automotive, including consumer and industrial products. "We have been assisting Chang Rim to select the ideal ElectriPlast compound of resin and fiber for their applications," stated Mo Zeidan, ElectriPlast's CTO. "This is a material advance in our cooperation with our regional manufacturing partner Hanwha L&C."

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.  

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.