DETROIT, MI--(Marketwire - Nov 19, 2012) - Nano Labs Corp. (
The Company is pleased to release the following technical data, gauging key product standards, and providing an overview of the unique properties of the NC2012 nano coating.
"Tests have shown that our new NC2012 nano thermal insulation paint coating is more effective, cheaper, easier to apply, and more environmentally friendly than standard coating materials currently in use. We believe our new nano coating could replace many of the industrial paints and coatings used today for thermal insulation in commercial, industrial and domestic structures," said Nano Labs President, Bernardo Camacho, adding that the NC2012 nano coating, which can be easily applied as a spray, shows remarkable heat resistance at up to 2,732 degrees Fahrenheit.
NC2012 ASTM and Reference Standards
|ASTM - E-228||Thermal Expansion Coefficient|
|ASTM - C-177||Thermal Insulation K value|
|ASTM - E-119||Fireproofing|
|ASTM - E-84||Surface Burning|
|ASTM - E-937||Corrosion of Steel by Sprayed Fire-Resistive Material|
|ASTM - E-736||Cohesion/Adhesion of Sprayed Fire-Resistive Materials|
|ASTM - E-790||Residual Moisture|
|ASTM - E-605-77||Thickness and Density of Sprayed Fire-Resistive Material|
|ASTM - E-781-86||Absorptive Solar Receiver Materials|
|ASTM - E-96||Water Vapor Transmission of Materials|
|ASTM - C-87||Organic Impurities in Fine Aggregate (Chloride content)|
|ASTM DIN-D-2240||Rubber Property - Durometer Hardness|
|IMP-GTM-B-1-1-95||PEMEX Fireproofing material|
|IMP - 16 80||PEMEX Chemical resistance by immersion|
|NFPA - 251||Thermal shock and water pressure|
"From thermal conductivity, fireproofing, and density -- to cohesion, solar absorption, and thermal shock -- the new nano coating demonstrates properties signaling very promising benefits to the building construction and engineering industry," states Mr. Camacho. "As well, NC2012 possesses characteristics that are conducive to integrated manufacturing processes, including flexibility, easy adhesion, and economical production costs and inputs. We look forward to inviting tests from all companies, governments, and organizations as we explore global and regional opportunities for commercialization of NC2012, as we grow our business and shareholder value."
Market Scope for Nano Labs' NC2012
In 2014, the global construction & engineering industry is forecast to have a value of $2,758.5 billion, an increase of 23.3% since 2009. Civil Engineering is the largest segment of the global construction and engineering industry, accounting for 51.9% of the industry's total value. The United States accounts for 37.4% of the global construction & engineering industry value.*
The construction and engineering industry is composed of civil engineering companies and large-scale contractors, but excludes companies involved in home-building. The market value is calculated as the revenues of those companies whose primary activity is the construction of non-residential buildings and non-buildings construction (civil engineering). All currency conversions have been calculated using constant average 2009 annual rate.*
* Research and Markets Report: http://www.researchandmarkets.com/research/3ec02e/construction_eng
About ASTM International
ASTM International, formerly known as the American Society for Testing and Materials (ASTM), is a globally recognized leader in the development and delivery of international voluntary consensus standards. Today, some 12,000 ASTM standards are used around the world to improve product quality, enhance safety, facilitate market access and trade, and build consumer confidence. ASTM's leadership in international standards development is driven by the contributions of its members: more than 30,000 of the world's top technical experts and business professionals representing 150 countries. Working in an open and transparent process and using ASTM's advanced electronic infrastructure, ASTM members deliver the test methods, specifications, guides, and practices that support industries and governments worldwide. For more information, please visit www.astm.org.
About Nano Labs Corp.
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.
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.
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