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DETROIT, Sept. 24, 2013 (GLOBE NEWSWIRE) -- 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."