Nano Labs Announces Promising Developments in Nanotechnology Gasoline
September 24 2013 - 10:26AM
Nano Labs Corp. (OTCQB:CTLE) is pleased to present
the industry with promising test results relating to a
proprietary nanotechnology which replaces commercial gasoline.
The Company has successfully tested their Nanotechnology
Gasoline (NG). The technology combines 60% commercial grade
gasoline with 40% ordinary drinking water plus the Company's
proprietary nanotechnology. The result may mean an alternative to
existing additives, like Ethanol, MTBE, Benzene, Methanol, and
Aromatics additives that are harmful to the environment.
The Company has replaced 40% of gasoline with water and
nanotechnology which thereby dramatically reduces the need of
gasoline by over a third, thereby increasing fuel efficiency and
reducing environmental emissions.
The Company reports that five gasoline mixtures were
successfully tested; the tests were repeated three times over a
period of thirteen months.
"Our new nano gasoline mixture combines our technology with
normal tap water and gasoline which does not separate. In fact, it
has remained intact after many months of testing. Also, the nano
fuel does not freeze at temperatures of minus 40 degrees Celsius,"
states Dr. Victor Castano, Chief Innovations Officer of Nano Labs.
"This is by far one of the most interesting projects our teams are
working on right now, a game changer in the energy sector."
"This new technology would not require any changes to the
existing refinery process and our nanotechnology could be applied
directly at the fuel storage container stage," adds Mr. Bernardo
Camacho Chavarria, President of Nano Labs. "This new technology
could dramatically increase profits for the oil companies that they
could pass on to consumers, and at the same time dramatically
decrease the harmful emissions that contribute to global warming.
It is important to note that we are at the development stage of the
product, and are currently working with third-party labs for Octane
and BTU Certification Testing. With these results we are looking to
finalize a roadmap for commercialization and reporting back to
industry and our shareholders."
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