nCoat, Inc. is engaged in an active and extensive research and develop program focused both on improvement of existing coatings and development of new coatings products and binders, including nano-formulated coatings. Research is conducted and testing performed at labs, outside third party labs and customer facilities. The Company has multiple high performance coating products using chemical formulations for coating metallic, ceramic, fabric and multiple other materials. On June 29, 2007, nCoat, Inc., completed the acquisition of MCC, Inc. (MCCI), doing business in the marketplace under the brand of JET-HOT Coatings. MCCI provides high performance coatings of metal parts for industrial and personal use. (Source: 10-K)