Olie Inc. Purchases Nano Cap Magazine & Advertising Portal

VANCOUVER, British Columbia, Dec. 6, 2013 (GLOBE NEWSWIRE) -- Olie Inc. (OTCQB:OLIE) President, Robert Gardner, is pleased to announce that it has agreed to acquire Nano Cap Magazine, and its advertising portal, www.nanocapmag.com, as a direct Asset Purchase. Olie Inc. will acquire the website address and portal for convertible preferred stock in an amount to be settled.

Robert Gardner states, "Nano Cap with its advertising portal presents an opportunity for our client Issuers and also adds cash value to our balance sheet. Our objective is to enhance our stockholders equity. Nano Cap Magazine is a quarterly publication with a modest circulation. The advertising opportunities nicely complement our corporate advisory & consulting services which we are marketing to other Issuers."

Safe Harbor Statement:

This release may include "forward looking statements" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and /or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties. These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertainties.

CONTACT: Robert C. Gardner, President Phone: 604 669-9000 E-mail: robertgardner@olieinc.ca Website: www.olietech.comSource:Olie, Inc.