Nano Labs Signs Agreement With CIMVA, the Advanced Materials Research Center, to Develop and Market Nanotechnologies
August 30 2013 - 4:21PM
Nano Labs Corp
. (OTCQB:CTLE) is pleased to
announce the Company has signed a Non-Disclosure &
Confidentiality Agreement with CIMVA (Advanced Materials Research
Center) to review, identify, develop and market products based on
the industrial application of nanotechnologies and advanced
materials.
The Agreement will further Nano Labs' resources to develop its
proprietary nanotechnology and manufacture and produce the
Company's prototypes and products.
The Agreement allows both organizations to cooperatively
identify specific joint research and commercial product projects,
which will be subject to Specific Agreements outlining the purpose,
activities, ownership, and the general rights and obligations of
each party.
Each party will retain the copyrights and their respective
industrial property rights for any future partnerships, and will
outline any new ownership of copyright or industrial property
rights generated, produced or resulting from the activities covered
in the Specific Agreement(s).
"We are very excited to be working with this esteemed
institution. CIMAV has a long history of success. Invention,
innovation and commercialization are the heart and soul of this
agreement. So much of science today is developed and commercialized
on collaboration. Their resources - in terms of technology research
infrastructure, human capital and client base - will allow us all
to accomplish great things together," explains Mr. Bernardo
Chavarria, President of Nano Labs.
About CIMAV
The CIMAV (Advanced Materials Research Center), participates
greatly on three important activities for Mexico. 1. To generate or
come up with original basic knowledge and spread it to the national
and international scientific community; through worldwide known
magazines in the materials, energy, and environmental sectors. 2.
To generate human resources for a Master's Degree and PhD. Level in
the materials, energy, and environmental sectors. 3. To transfer
the generated knowledge in the organization to the different
society sectors.
Since its foundation in October 1994, CIMAV as a CONACYT
(National Council of Science and Technology) Public Center, has
searched the incorporation of science and technology to society
through different ways, just as it has searched for ways to raise
the educational level of the human resources. CIMAV, which
headquarters is located in Chihuahua, Chihuahua and in Monterrey
Unit in Nuevo León state, represents an important effort in
decentralizing the scientific and technological activities that are
taking place in Mexico, and to spread its benefits to the entire
nation.
For more information, please visit
http://www.cimav.edu.mx/en/.
About Nano Labs
Nano Labs Corp. (CTLE) is a nanotechnology 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.
CONTACT: Nano Labs Corp.
Bernardo Camacho Chavarria
President
1 (888) 806-2315