Date:
Wednesday, August 08, 2007
| Trading Symbol: OTCBB: NCOA
nCoat Announces Relationship With S&S Headers to Specify HPC Coatings for Production Headers
nCoat, Inc. (OTCBB: NCOA) ("nCoat" or the "Company"), has announced through its subsidiary High Performance Coatings, Inc. (HPC), a new customer relationship with S&S Headers (http://www.ssheaders.com/) in Glendale, Arizona, for coating production performance headers.
A major player in the "on-street" and "off-street" custom header market, S&S specifies HPC's H05 coating exclusively on their performance headers as part of an add-option for their customers' orders. S&S manufactures a large and diverse line of headers and uses HPC coatings to provide a superior finish, add performance, and protect from corrosion.
S&S Headers Company President Loren Barnes stated, "We have had excellent success with HPC coating on our products, and the turnaround time is very fast."
"HPC offers custom engineered coatings services to high volume customers in both the aftermarket and OEM sales channels for performance parts in the automotive and motorsports industries," said Paul Clayson, CEO of nCoat, parent company of HPC. "As a leader in their market space, S&S produces a significant volume of headers annually. They are squarely in the sweet spot size of our bread and butter customer base."
HPC OEM (original equipment manufacturing) services provide custom quoted coatings services specific to the customer needs. Typically, these services are offered to high volume manufacturers. These accounts are business-to-business sales with established monthly volumes. nCoat, HPC's parent entity, has consolidated revenues of approximately $6 million annually in OEM accounts through its operating subsidiaries, HPC and JET-HOT.
S&S Headers was founded in 1968 to manufacture high quality, U.S. made performance aftermarket headers/exhaust systems for the street and strip markets. S&S also fabricates production runs of headers for other manufacturers and engine builders. S&S Headers product line has grown over the past thirty years to encompass American, Japanese imports, VW, off-road, street rods, roadsters, sprint, midget and dwarf race cars, and now offers over 400 part numbers bearing the S&S name and logo. In addition, S&S offers custom mandrel bending for non-automotive related products sold in the U.S., Canada, England, Sweden, Europe, Australia, and South America. A member of SEMA (Specialty Equipment Marketing Association) for 29 years, S&S is an active contingency sponsor for SCORE and HDRA (High Desert Racing Association) race series.
HPC's H05 coating allows S&S headers to maintain a uniform temperature over the entire area of the underlying material, while retaining a brilliant finish. When the coatings are used in these high temperature exhaust gas path applications, the temperature in the tube is maintained uniformly throughout the pipe, decreasing the low air density, and increasing engine efficiencies.
HPC's "H" series coatings are durable and functional with a high level of malleability and excellent adhesion. H01 and H05 have a low emissivity for reducing the absorbance of infrared thermal energy allowing the coatings to cool more quickly than the substrate.
About HPC, Inc.
High Performance Coatings, Inc. has been an integral part of the automotive motor sports industry since 1982. The company has coated parts for multiple Motorsport Hall of Fame inductees and land and air speed world record holders. This rich racing heritage has led HPC to be nicknamed "The Choice of World Champions." HPC develops, manufactures, and applies coating (surface treatment) solutions for thermal management, anti-corrosion, friction reduction, bond strength, and appearance. HPC is a particular market leader in internal and external engine parts coatings in automotive and diesel engines. "At HPC, there IS a difference...and the difference is superior performance." HPC is a wholly-owned subsidiary of nCoat, Inc.
About nCoat, Inc. (OTCBB: NCOA)
nCoat, Inc., is an emerging nanotechnology company with new nano-formulated and traditional coatings that make it an international leader in the development and marketing of coatings applied to metal, ceramics, fabric, and other materials. The Company specializes in nanotechnology research, commercialization, licensing, and distribution, and through its subsidiary companies develops and distributes commercially viable proprietary nanotechnology and traditional coatings products. At nCoat, we invite the world to "Innovate with us..."
Notice Regarding Forward-Looking Statements
Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which nCoat, Inc. has little or no control. Additionally, words such as "may," "will," "expect," "believe," "anticipate," "estimate," "project," or "continue" or comparable terminology used in this release may identify forward-looking statements. We disclaim any obligation or intention to revise or update any forward-looking statements for any reason. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this statement.
ON BEHALF OF THE BOARD
nCoat, Inc.
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Paul S. Clayson, Chief Executive Officer
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