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Integral's Asian Molding Partner, Chang Rim, Completes Initial Delivery of Mobile Consumer Device

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EVANSVILLE, Ind., Feb. 2, 2016 /PRNewswire/ -- Integral Technologies, Inc. (OTC-BB: ITKG) ("Integral"), an emerging light-weighting leader and its wholly owned subsidiary ElectriPlast Corp., today announced that its Asian molding partner, Chang Rim Inc. ("Chang Rim") had completed its initial delivery of a mobile consumer device with a first run of [3,000] units shipped to its customer.  

"We are currently working with a number of distributors to coordinate the product roll-out to various countries," stated Mr. Kwon, President, Chang Rim.

"We have been working closely with Chang Rim on the material formulation to optimize performance and reduce cost," stated Doug Bathauer, Integral's CEO. "We are at work with our Korean manufacturer, Hanwha Advanced Materials ("Hanwha"), to ensure that we have the local manufacturing capacity in place to support Chang Rim's anticipated demand for their automotive and mobile device projects." Chang Rim's yearly demand is expected to be 50 tons for the mobile device application.

Chang Rim is a specialty molder based in Daegu, South Korea focusing on high margin plastic injection molded products for a variety of industries including automotive, consumer and industrial products.

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.  

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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, 2015 as filed with the Securities and Exchange Commission and available at, 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.