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Nano Labs Reports on Commercial Testing and Application of Intumescent Fire Resistant Coating

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DETROIT, Sept. 18, 2013 (GLOBE NEWSWIRE) -- Nano Labs Corp. (OTCQB:CTLE) is pleased to report the Company has been testing its intumescent, fire resistant coating with Atencio and Atencio, a certified maintenance supplier for Pemex, the Mexican state-owned petroleum company.

Nano Lab's intumescent paint was tested at Pemex's Francisco I. Madero Refinery. Testing of the product followed Underwriters Laboratories (UL) 1709 test protocols for the "Rapid Rise Fire Tests of Protection Materials for Structural Steel".

The test method covered full-scale fire exposure, intended to evaluate the thermal resistance of protective material applied to structural members and the ability of the protective material to withstand fire exposure at Pemex refineries and facilities.

Nano Labs' submitted the product for testing through Atencio and Atencio, and tests were conducted in partnership and under the supervision of Pemex engineers.

The tests involved the preparation of three carbon steel plates, coated with varying thickness of Nano Labs' fire resistant paint. The plates were then heated with a LP gas torch and readings taken on both the hot and cold faces.

"Our coatings performed perfectly," states Dr. Castano, Chief Innovations Officer of Nano Labs. "Among other finds, the tests illustrated that a constant direct flame applied for 45 minutes with a temperature of 800 degrees Celsius showed that once removed - in 2 seconds - the plates were cold to the touch. We are looking forward to working with our partner, Atencio and Atencio, in the delivery of the commercial rollout for Pemex."

This press release is in follow up to "Nano Labs Secures First Contract for Purchase of Intumescent Fire Resistant Coating" announced September 17, 2013 wherein the announced it had received an order for twenty-seven thousand (27,000) liters of the Company's proprietary nano coatings.

Commercial parties interested in learning more or receiving samples of the nano coating are invited to contact Mr. Bernardo Camacho Chavarria, President of Nano Labs, at bernardo@nanolabs.us or by phone at 1 (888) 806-2315.

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: Bernardo Camacho Chavarria President bernardo@nanolabs.us 1 (888) 806-2315

Source:Nano Labs Corp.