DETROIT, Nov. 19, 2013 (GLOBE NEWSWIRE) -- Nano Labs Corp. (OTCBB:CTLE) is pleased to announce the development of a next-generation nano-coating specifically designed as an anti-insect paint that repels insects and other arthropods, hinders their feeding and reproduction, and reduces their presence and proliferation. The innovative coating presents an alternative to the use of chemical pesticides and insecticides to control and eliminate insects or other arthropods. The nano paint coating uses natural minerals as a mechanical exterminator that hinders, repels, and kills insects physically. At the micro- and nano- particle level, the natural minerals effect on insects is enhanced and effectively acts as an abrasive and desiccant, which kills insects by removing the protective layer that covers their bodies, essentially making them dry up and die. The new nano coating is effective on ants, aphids, cockroaches, mosquitos, spiders, termites, ticks and certain other types of pests and vermin, while neither affecting the health of people, pets or livestock, nor harming the environment. Furthermore, the paint coating embraces high-quality traditional paint characteristics that include high brightness, high covering capacity, good light scattering performance, good suspension capacity, good covering, high durability and easy dispersing performance. "Our new anti-insect paint can be applied on almost every interior and exterior surface - from houses to farms, offices and government buildings, to transportation facilities and vehicles, through to health clinics and hospitals," states Dr. Castano, Chief Innovations Officer at Nano Labs. "It kills pests that can carry disease or parasites upon contact, which can bring incredible change to many parts of the world suffering from disease and parasites carried by insects. We have conducted very successful tests in Mexico with Atencio & Atencio and DIASA, a real estate development firm constructing homes in the northern state of Tamaulipas, next to the Gulf of Mexico, a tropical-like environment, where biting insects transmit poison, disease and parasites that may result in death. Traditional, and so far unsuccessful, solutions have included nets, sprays, or fumigations as control mechanisms. We are continuing to test in disease control programs but our experimental developments are proving very positive."
"This is a great product that represents our core values here at Nano Labs," asserts Mr. Bernardo Camacho, President of Nano Labs. "We are constantly looking to develop products that enhance access to better health and to improve quality of life. This product can create healthier homes and living spaces and present a very cost-effective solution for parts on the world that suffer from these basic threats. Our core mission is to create revolutionary products that help all countries of the world progress. We are pleased to offer a sustainable green alternative to those solutions currently offered by the large chemical insecticide and pesticide companies."About Nano Labs Corp. Nano Labs Corp. (the "Company") (OTCBB Ticker Symbol "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.