Nano Labs Teams Up With Panam GP Series and Ferrari Driver Academy Latin America
August 28 2013 - 11:53AM
Nano Labs Corp. (OTCQB:CTLE) is pleased to announce the Company is
sponsoring the use of its self-cleaning and fireproof coating
applications in the Panam GP Series – Supported by the Ferrari
Drivers Academy (FDA).
Nano Labs' proprietary self-cleaning and fireproof coatings are
transparent, one-step applications, that will waterproof and
fire-proof vehicles up to 300 degrees Celsius (572 degrees
Fahrenheit). The Ferrari Formula 3 team will be testing these
products on their car glass and body structure against fire.
The key advantage of the Nano Labs' coatings lies in the 100%
water-based solution that uses no solvents. Current products on the
market typically include strong solvents (such as acetone and
methyl acetone), which is proven to eventually damage the
substrate. Further, these competitive products are not conducive to
multiple layers. The Nano Labs' coatings can be applied an
unlimited amount of times in case the surface is damaged or is in
need of repair.
Nano Labs' will be showcased on the team's uniforms and
vehicles, providing the company with TV exposure in all Latin
America.
"We are proud to collaborate with the Panam GP Series, supported
by the Ferrari Drivers Academy and team of engineers. Mexico and
Latin America have a growing and enthusiastic sport racing culture
which we are proud to recognize and support," states Mr. Bernardo
Camacho, President of Nano Labs. "The process of working with the
team here shows the commercial and economic viability of our
coating products and their versatile applications. This is another
important milestone for us in the execution of our coatings
business strategy."
About the Panam GP Series - Supported by Ferrari Driving
Academy
The Panam GP Series is a Latin American championship in Formula
Abarth, and has the backing of the FIA and the support of the
Ferrari Driver Academy. The Panama GP Series is a stepping stone to
Formula 3 and GP3 for drivers coming from karting or junior
formulae. The top finishers in the championships have the
opportunity to work with the Ferrari Drivers Academy engineers.
Panam GP Series operates in Mexico, Central and South America. For
more information, please visit http://www.panamgp.com.
About Nano Labs
Nano Labs Corp. (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.
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