DETROIT, MI--(Marketwired - Dec 6, 2013) - Nano Labs Corp. ("Nano Labs" or the "Company") (OTCQB: CTLE) is pleased to announce the application of its proprietary nano coating, corrosion protecting paint, currently being installed at the Convention Center Ciudad Madero in Tampico, Mexico.
The Convention Center Ciudad Madero, originally constructed in 1982, is primarily used for cultural and sporting events, as well as the meeting place for Pemex's Section One Union. The building, which has a capacity for up 10,000 people, was covered by a large galvanized steel dome, which has gradually deteriorated and is currently undergoing a comprehensive maintenance program. Please visit the website at http://wikimapia.org/237293/es/Centro-de-Convenciones-de-Ciudad-Madero
Nano Labs proprietary, anti-corrosion paint is currently being applied to the structure to prevent further corrosion and protect the buildings infrastructure. Atencio & Atencio, together with DIASA a certified maintenance supplier for Pemex, took delivery and began installation on November 25th, 2013, with completion of the project expected in Q2 2014. This maintenance program required of an extensive test of the different solutions that were proposed to address the specific needs to protect the building infrastructure. After the results of evaluations, DIASA confirmed that using the Nano Labs Aluminized Primer the steel parts, girders and beams would be not only better protected but also would be having a beautiful natural aluminum finish, saving costs and time on execution, since the Aluminized Primer can be applied just after cleaning the surface from dust and grease. The total value of the contract is currently be negotiated and will be disclosed shortly.
"Corrosion is a prevalent problem in many types of industry today -- from buildings and infrastructure, through to the production and manufacturing sectors," states Mr. Bernardo Camacho, President of Nano Labs. "With our partners at A&A, we are working to strategically develop an optimal corrosion engineering and management best-practice that can not only save money in long-term maintenance programs, but also prevent damage to property and ensure public safety. We believe corrosion is a natural but controllable problem."
The Company may be releasing further physical and chemical properties of the anti-corrosion nano coating in the future, but for immediate additional information, please contact Mr. Bernardo Camacho, President of Nano Labs.
About Nano Labs Corp.
Nano Labs Corp. (OTCQB Ticker Symbol "CTLE") is a nanotechnology research and development company which began during October 2012, but is able to access resources that encompass nearly 30 years of research and development in nanotechnology as well as hundreds of peer-reviewed and published research papers and other scholarly material. The Company's research and development team of scientists, designers, and engineers is focused on creating a portfolio of advanced products that could provide benefits to a variety of industries including: (i) consumer products, (ii) energy, (iii) materials, and (iv) healthcare. Through the use, and integration of proprietary nano compounds, our goal is to evolve common products, into new, revolutionary products, in order to make the world a better place. Nano Labs shares are traded on the OTC Bulletin Board in the United States under the ticker CTLE. For more information, please visit www.Nanolabs.us
Forward looking statements
This press release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those laws. These forward-looking statements are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond our control and are not guarantees of future performance. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in any such forward-looking statements and any such difference may be caused by risk factors listed from time to time in the Company's news releases and/or its filings with the OTC Bulletin Board or as a result of other factors.