Integral Technologies (OTC: ITKG), together with its wholly owned subsidiary ElectriPlast Corp., reports that its ElectriPlast material has been selected by a leading European electric luxury SUV manufacturer for use in a high voltage connector. The order marks the company’s second ElectriPlast order so far this year and the first European automotive commercial order. The electric SUV is expected to make its European debut in late 2017, and the order will run through 2024. “We never waivered in our belief that there was tremendous potential in the automotive industry for conductive plastic and this is just another validation. Now that ElectriPlast has been adopted into multiple automotive platforms, we are very well positioned to benefit from the explosive global growth of electric vehicles,” Mo Zeidan, CTO of ElectriPlast, stated in the news release.
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About Integral Technologies, Inc.
Integral Technologies Inc. (OTC-PK: ITKG) and wholly owned subsidiary ElectriPlast Corp, engage in the development, and commercialization of electrically conductive plastics used primarily in the production of industrial, commercial and consumer products. Its core material, ElectriPlast®, is a non-corrosive, electrically conductive resin-based material whose properties allow it to be molded into any of the shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60%. Integral has a broad IP portfolio referencing its ElectriPlast technology. Applications for ElectriPlast include: shielding, wire, power electronics, connectors, cables, conduction, batteries, semiconductors, heated elements, sensors, antennas, medical devices, consumer electronics and acoustics, fuses, capacitors, resistors, LED, and bus bars. For more information, visit www.electriplast.com.
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