Industrial Nanotech Inc. announced that Stuart Burchill, the group's founding Chairman has decided to step down from his role effective December 12, 2023, for health reasons. Craig Fischer will take over effective immediately as CEO of the Company and its subsidiaries, Syneffex, TalkingPaint, and Anaconda Insulation. Mr. Fischer will be joined by Jaime (Jay) Cruz, the former President of the Company, as CTO and Director of Operations.

Mr. Burchill will assist the Company in a technical capacity as a Consultant. Craig Fischer brings 30 years of experience and success working with public companies as an investor, shareholder, advisor, and is the former CEO of a public company. Jaime Cruz is a Six Sigma Black Belt and a Certified Lean Continous Improvement Trainer, and is a recognized leader in taking companies to their revenue and profitably potential implementing organizational discipline and integrity implementing policies and procedures that instill a culture of efficiency and a focus on continuous improvement.

Mr. Cruz is also recognized worldwide as scientist and leader in iCoatings and Energy Efficiency Industry.