January 04, 2013 at 16:15 PM EST
Nano Labs (CTLE) Introduces Yet Another Advancement Designed to Benefit Global Greenhouse Farming

New Technology Holds Promise to Increase Efficiencies in Greenhouse CO2 Use by 20%, Improve Crop Yields by Up to 25%, and Reduce Energy Consumption by Up to 20%

DETROIT, Jan. 4, 2013 (GLOBE NEWSWIRE) -- Nano Labs Corp. (OTCQB:CTLE) today announced yet another high-tech advance relating to greenhouse (GH) farming and agriculture, this being automated technology to control the dynamics of GH CO2 for improved crop yields, reduced energy consumption, and decreased environmental hazards.

Designed to replace conventional manual control systems, the new technology holds promise to increase efficiencies in GH CO2 use by 20%, improve crop yields by up to 25%, and reduce energy consumption by up to 20%, the Company reported.

"Benefits of the new automated technology depend on the type and size of the greenhouse crops, but our analysis shows significant improvements across the board for increased control efficiencies, crop yields, and energy savings for greenhouse farming and agriculture encompassing many billions of dollars of revenue in North America alone," said Dr. Victor Castano, CEO of Innovation at Nano Labs.

Dr. Castano explained that carbon dioxide plays a vital role in greenhouse operations – and in cycles of all plant life on Earth - in that it is necessary to photosynthesis, which basically is a chemical process that uses energy from light to convert CO2 and water into plant sugars. He said conventional manual CO2 enrichment in intensive greenhouse production is a routine procedure that nonetheless involves problematic elements, which Nano Labs' innovations are designed to address.

"Since CO2 is normally obtained from the burning of carbon-based fuels such as natural gas, propane, and kerosene - or directly from tanks of pure CO2 - greenhouse technologists face a dilemma because each CO2 source has disadvantages. The burning of natural gas, propane or kerosene produces not only CO2, but heat that may have a localized effect on temperature and the incidence of plant disease. This is in addition to problems associated with the release of CO2 into the outside atmosphere. Accordingly, we have developed a technology for understanding on a case-by-case basis how CO2 behaves in greenhouses and then, how it can be controlled for better results," Dr. Castano stated.

From a technical standpoint, Dr. Castano explains Nano Labs' automation employs external CO2, solar radiation, exterior temperature, wind speed, and humidity as input variables, creating a unique methodology for optimizing greenhouse operations and production in practically any climate condition with the aim of increasing plant yields, decreasing energy consumption, and reducing CO2 emissions into the outside air. An important feature of the technology is that it can be adapted to specific types of plants and geographical locations.

The international target markets for the Company's technology include big greenhouse growers, manufactures of greenhouses, and farms that use CO2. The advantages include computer control of the CO2 in the greenhouses (instead of an empirical, manual control, which is the normally used), more efficient use of CO2 (up to 20%), less energy consumption depending on size, type of crop, etc., (where preliminary tests indicated savings up to 20 and 30 %), and more efficiency of the crop yield (depending on the plant, preliminary tests indicate up to 25%).

The Company is currently in discussions with a leading agriculture co-op to begin pilot facility testing in Q1 2013. The Company intends to continue to report to industry on the findings and parties interested in learning more are invited to contact Mr. Stephan Licari, Director Global Business Opportunities.

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.

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
         www.NanoLabs.us
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