The following is a letter to shareholders from Integral Technologies, Inc. (OTCBB:ITKG) Chairman Bill Robinson:

It's been a revolutionary year for revolutions. 2011 was the year of the hashtag, the status update, the 140-character call to action. In 2011, data plans fueled social uprisings and the revolution was not televised - it was tweeted.

The awesome power of social media to transmit information like a virus and spread knowledge like wildfire is giving rise to a new world order that even the most repressive regimes will ultimately fail to quash. And, just like a virus or a fire, the impact of information doesn't dilute as it diffuses but grows stronger - giving voice to the voiceless, uniting their faint and solitary pleas for change into a mighty chorus calling out for justice.

As proven by both the great advancements in social technology and the political upheavals that technology has facilitated in the past year, we are living in the era of the disruptive idea. The world seems to be turning faster, and, more than ever, world-changing cataclysms find their inception in the minds of those who think boldly and differently. In this day and age, it seems one must be on the cutting edge just to keep up.

So what do the seismic shifts of 2011 mean to us at Integral Technologies? In many ways, we find not only inspiration in these historic events but also a distinct resonance with the values and vision that drive our corporate mission. With the establishment this year of our wholly owned subsidiary ElectriPlast Corporation, we are advancing our objective to decisively and irreversibly change the landscape for conductive hybrid plastics. As we strive to position ElectriPlastTM as the preeminent disruptive technology in this space, we highlight several notable milestones this year:

  • Three new composites blends have been introduced out of our R&D pipeline, and we continue to increase our ElectriPlastTM product line in order to meet current and future customer variations and needs.
  • We have stepped into the wireless communications field with our XM satellite antenna application for Think Wireless.
  • With our announcement of the Fisker Karma project, we have officially entered the Hybrid Electric vehicle market utilizing the High-Voltage Electronic/Electrical Connector market.
  • We renewed our long-term manufacturing agreement with Jasper Rubber Products, Inc. of Jasper, Indiana.
  • We grew our current patent portfolio, and aim to further expand our intellectual property portfolio in 2012.

At a time when facility of communication is paramount and the marketplace of ideas is bustling, we made strides in 2011 to create various platforms to enhance our corporate identity and to bring together leading minds toward a robust, open dialogue on the innovations and challenges facing our industry. By way of a few examples:

  • We established new corporate offices in Philadelphia, Pennsylvania.
  • With the successful launch of our new corporate website www.electriplast.com, we unveiled our new image for the ElectriPlastTM product line.
  • We developed and deployed significant digital and web assets including a forum dedicated to the advancement of discussions surrounding conductive plastics.

The global events of the past year have shown that the future belongs to those with the creativity and vision to innovate, the courage to take the crucial first steps, and the energy to see their endeavors through to a successful end. These are precisely the traits that we at Integral seek in our corporate leaders, and we are pleased to have brought a few such individuals into the fold:

  • James Eagan joined ElectriPlast Corporation's Board of Directors. James, who was previously an executive and a director of ORBCOMM LLC, where he established their network of international hardware and service partners, is now helping guide our expansion into overseas markets.
  • Herbert Reedman Jr. joined ElectriPlast Corporation as CEO and a member of the Board of Directors. Herb's automotive experience runs deep, and includes having run the country's largest automotive dealership with annual sales of $400 million. Herb's background and experience in the industry is proving invaluable with Tier 1 OEM customers.
  • Paul Mackenzie was appointed Global Sales Director of ElectriPlast Corporation. Paul previously built and directed national and multinational sales teams in the automotive industry, and has developed sales programs with Ford, General Motors and Chrysler.

2011 was a pivotal year in world history, and in the history of Integral Technologies. Undoubtedly, the events that transpired around the globe over the past 12 months are indicative of even more significant changes to come. Likewise, even as we look back over all we've accomplished in 2011 with satisfaction and pride, we keep our sights firmly trained on the horizon. Our goal is to remain at the vanguard of our industry this year, next year, and all the years ahead, and we look forward to reaching that goal with you.

Wishing you a happy and prosperous 2012,

 
Bill Robinson
Chairman, Integral Technologies
 

Integral Technologies, Inc. (OTCBB: ITKG) ("Integral"), (www.electriplast.com) engages 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, Busbars and Terminals.

Safe Harbor Statement

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, 2011 as filed with the Securities and Exchange Commission and available at www.sec.gov, 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.

Integral Technologies, Inc.
Doug Bathauer, 812-455-5767
dbathauer@itkg.net