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The contract is the largest known U.S. supply contract to date for a single supplier. Supply commences spring 2010. The power plant requirements exceed one million tons annually to upwards of 1.5 million tons. The contract is significant in reaching or exceeding Green Energy Resources projected revenues in 2010 of $100 million.

"This order by Saudi Environmental Projects will be used to introduce the coatings to the Saudi Arabian market," stated Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. "Upon receipt of the shipment, their sales plan will accelerate as they demonstrate the coatings to clients with whom they've been in discussions. We look forward to significant growth in Saudi Arabia and the Middle East over the next several months and anticipate another order from the region before the end of the year."