EVANSVILLE, Ind., Dec. 1, 2016 /PRNewswire/ -- Integral Technologies, Inc. (OTC-QB: ITKG) ("Integral") announces letter to shareholders. Dear Integral Shareholders: I first want to thank you for your overwhelming support of the recent proxy vote approving the increase in authorized shares. Nearly 90% of the shareholders that voted supported the proposal. This is a testimony to the support we are fortunate to continually receive from our shareholders. Like many of you, I have been a long time shareholder of Integral. I do understand the elation, frustration, and sometimes anger as the stock goes through fluctuations and developments take longer to come to fruition than anticipated. There are times even as CEO, particularly in the last couple of months, I can get caught up in such emotions. With that said, I feel this is an opportune time to reflect on the past as well as look forward to our future. Commercializing a new technology can be difficult and time consuming, this certainly has been the case for ElectriPlast. We have never been more optimistic about the opportunities for ElectriPlast. We believe that the global macro environment continues to push towards the electrification of transportation as well as light weighting and our highly conductive ElectriPlast is still positioned to capitalize on these trends. Of course the opportunities are great but we know that we can't control the sales cycle or adoption rates. We also know that a business model cannot be built on optimism alone, we must create a sustainable and predictable revenue stream. This was one of the key factors in the decision to expand our ElectriPlast product portfolio. We believe that this will provide us with a sustainable revenue as we continue to pursue licensing and distribution opportunities. During the last conference call I discussed the expansion of our ElectriPlast conductive plastic portfolio. This includes materials for electrostatic dissipation (ESD) solutions, as well as other lower conductive applications. The importance of this accomplishment is our portfolio now meets the demands for highly conductive applications, while also meeting the needs and price points for lower conductive applications. The lower conductive market is also strategic for Integral, as it represents immediate customer adoption and sales opportunities as well as significant revenue potential.