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Nano Labs' Chief Innovation Officer to Present at the Upcoming 2013 World Congress of Nanoscience and Technology

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DETROIT, March 27, 2013 (GLOBE NEWSWIRE) -- Nano Labs Corp. (OTCQB:CTLE) is pleased to announce today that Dr. Victor Castano, Chief Innovations Officer of Nano Labs, has been invited by the organizing committee to present at the upcoming 3rd Annual World Congress of Nanoscience and Technology to be held concurrently with the Euro-Asia Economic Forum with the participation of National leaders from September 26 to 28, 2013 in Xi'an, China.

The 3rd Annual World Congress of Nanoscience and Technology is a dedicated event for nanoscience and nanotechnology professionals. The conference brings together over 200 international experts and specialist presenters and consists of 10 programs covering topics including: new nanoscience and nanotechnology, advanced nanomaterials, nano-electronics, optoelectronics and microsystems, nano-fabrication, characterization & nanometrology, nano medicine and nano biotechnology, nanotechnology in energy and the environment, and novel applications of nanotechnology.

The program highlights recent breakthroughs and successes in the nano field. The conference promises to offer participants many opportunities from sharing information, to best practices on current research, to commercial implementation of new technologies.

"The previous two annual Nanoscience and Technology conferences were great successes and allowed influential industry partners, scientific experts, leaders and policymakers from many different countries to meet and exchange ideas and begin to work together," comments Dr. Victor Castano. "I am pleased to have the opportunity to represent Nano Labs at this influential industry event."

The conference also includes a matchmaking program aimed to provide opportunities for the participants from around the world to have face to face meetings on technical introduction, transfer, purchase, sales, and cooperation.

"We are excited to have the opportunity to be presenting at this event and working with participants at the conference to spearhead our business development in Asia," stated Mr. Bernardo Chavarria, President of Nano Labs. "We have received several invitations from Asia and around the world -- from both academia and potential industry partners -- and we believe that this is a great opportunity for our company and speaks to the recognition that Nano Labs and Dr. Victor Castano have achieved."

About The 3rd Annual World Congress of Nanoscience and Technology

The operating organization is BIT Congress Inc. the Foreign Experts Databank of SAFEA-Dalian Biotechnological and Medical Experts Subdivision. Hosting organizations include the Ministry of Commerce of the People's Republic of China, Ministry of Education of the People's Republic of China, Ministry of Culture of the People's Republic of China, Development Research Center of the State Council, National Energy Administration of the People's Republic of China, State Administration of Cultural Heritage, China Development Bank, The Export-Import Bank of China, Secretariat of Shanghai Cooperation Organization, United Nations Development Program, Eurasian Economic Community and The People's Government of Shaanxi Province. Further information on the conference can be obtained at http://www.bitconferences.com/Nano2013/

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

Source:Nano Labs Corp.