Nano Labs and Empire EMCO Sign Confidential Disclosure Agreement to Develop Green Clothes Softener Market
August 15 2013 - 7:00AM
Nano Labs Corp. (OTCQB:CTLE) is pleased to report the Company has
signed a Confidential Disclosure Agreement with Empire EMCO
(www.empireemco.com) to conduct a due-diligence on the market
potential of Nano Labs' innovative nanotechnology which traps the
active ingredients in clothes softeners, releasing them in a slower
and more controlled manner in fabrics and clothes.
The new nanotechnology increases the long-lasting effects and
requires less of the active chemicals thus making it more a
cost-effective and environmentally friendly technology, as was
previously announced on July 9, 2013.
Empire EMCO's National Director of Consumer Innovations, Gary
Ashe, states, "We thrive on creating value between products and
consumers. This new technology answers a number of consumer
problems in the marketplace today and we believe we can work
together to help bring this to market. We view ourselves as more
than suppliers. We embrace collaborative partnerships which bring
innovative opportunities to the forefront."
Empire EMCO and Gary Ashe have received numerous accolades and
patents for their consumer products, including Procter &
Gamble's Mr. Clean Magic Eraser, Crayola's no-mess series of art
tools for children, and BIC Wite-Out, among others, having achieved
these successes working with companies throughout North and South
America, as well as Europe.
Mr. Bernardo states, "Empire is a perfect partner for us.
Gary and his team have extensive experience in the areas of
Packaging, Household, Personal Care, and the Pharmaceutical
markets. We see them as a leader in packaging needs and goods, and
driving innovation and product design. We look forward to working
with them to deliver our joint solutions to market partners for
global distribution."
Fabric softeners are short-term chemical solutions that provide
clothes, fabrics and textiles, during the washing and rinsing
cycles, with the benefits of "smooth feeling" and "fresh scent".
One of the reasons (among other technical issues) for the
short-term effects of these benefits is the cost of the active
ingredients. Typically the cost of these active ingredients in the
chemical solution is very expensive, so the concentrations offered
are low and therefore the effect less noticeable.
Our technology makes use of nanoparticles that "trap and hold"
the softener's active ingredients and then release them in a
controlled manner. The result is a longer-lasting effect with less
of the active chemicals required. The greater effect and cost
benefits make this an innovative and economically effective
technology.
"Fresh scent in fabric softeners is a very important
characteristic of these consumer products," states Dr. Castano,
Chief Innovations Officer at Nano Labs. "It provides the essence of
freshness - like your clothes were just cleaned. The problem
with the current technologies, however, is that scent is a very
short-term effect - a few days at most and then it disappears. The
problem with increasing the concentration of scent, which would
seem a logical alternative, is both in the added cost of these
active ingredients and the problem of inducing allergic reactions
with sensitive individuals. Our solution is based on
nanoparticle technology that controls the release of the scent,
allowing the benefit of several weeks of the desired fresh effect
and at lower concentrations of active materials in a water soluble
and safe substance. This makes it both a cost-effective and an
environmentally friendly approach."
From a business perspective, Mr. Bernardo Chavarria, President
of Nano Labs comments, "We are an innovation company balancing the
needs of today's businesses and consumers. Businesses are looking
for innovative ways to shrink costs, by using less active
ingredients and grow their bottom line. Consumers are always
looking for better products. We are focused on providing both. Our
research in this category indicates that consumer's primary
motivators are performance products that offer added convenience
and build strong value. In an age of people switching to
high-efficiency washers and time-release tablets, we think we can
bring the added convenience of washing less while still controlling
odors. According to a recent Nielsen study, total sales of laundry
detergent were over $7.44 billion in the US alone last year. Given
that we can apply the same technology adapted to fragrance-free, we
believe there is definitely a global market for this
innovation."
About Nano Labs
Nano Labs Corp. (CTLE) is a nanotechnology research and
development company which began in 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. Our
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.
The Nano Labs Corp. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=16293
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.
CONTACT: Nano Labs Corp.
Bernardo Camacho Chavarria
President
1 (888) 806-2315