Nano Labs Secures First Contract for Purchase of Intumescent Fire Resistant Coating
September 17 2013 - 11:22AM
Nano Labs Corp. (OTCQB:CTLE) is pleased to announce today the
Company has received an order for twenty-seven thousand (27,000)
liters of the Company's proprietary nano coatings.
The purchase order was issued to Atencio and Atencio and Nano
Labs by Urban del Golfo S.A. de CV a supplier of products to
Pemex.
Atencio and Atencio is a certified maintenance partner of Pemex
since 1991 with over 30 employees who will be carrying out the
installation of the intumescent fire resistant coatings at Pemex's
Francisco I. Madero Refinery.
The contract, valued at approx. $630,000 USD is scheduled to be
delivered on or by December 31, 2013.
"We are very pleased with today's announcement. The team has
worked very hard propelling business development and today we
turned the corner on driving revenue into the Company," Nano Labs'
President, Mr. Bernardo Camacho stated.
"Pemex maintains billions of dollars of assets in the field and
this is obviously a starting point for us in this niche market
within the petrochemical industry. We are presently in discussions
with Pemex's maintenance divisions for our other coating
applications as it applies to the various challenges at refineries
across Mexico. We are very bullish on the future outlook of our
nano coatings in the global marketplace, and this contract lends
great credibility to our nano coating product lines. Our plan is to
continue to push hard in the North America and International
markets. We believe this could generate strong revenue streams for
the Company, drive us forward into profitability, and have a
positive impact for our shareholders."
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.
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: Bernardo Camacho Chavarria
President
bernardo@nanolabs.us
1 (888) 806-2315