Wednesday, May 1, 2013,
Ashok Niroula
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Recent News: "Nano Labs and CIVIK to Begin Testing Nanotechnology Coatings With Commercial LED Lighting Systems"
The two nanotechnology applications being tested are as follows:
1. Employing Nano Labs' nano insulate coating, NC2012, which may allow the LED light to dissipate heat created in the LED housing thereby increasing the efficiency and life of the LED light, projected at over 55,000 hours.
2. Applying the nano diamond coating on the LED light glass face thereby benefiting the system by making the light brighter and protecting it against environmental damage.
Mr. Bernardo havarria, President of Nano Labs, states, "We are very excited to continue our work together with CIVIK. We believe the CIVIK LED system combined with our nanotechnology can produce an extremely competitive product in the commercial and government lighting marketplace. Our preliminary studies indicate a potential cost savings of 70% when compared to lights being sold by major competitors. Further to this - and more important - our studies indicate that the new LED light system could potentially increase energy saving up to 78% to the end user. The new LED lighting system will be smaller, emits the same light as the current lighting systems used by municipalities and shopping malls, but require much less energy and maintenance. This would represent a double win for municipalities which could then recover the cost of implementation through the energy cost savings."
The Company is pleased to report that the joint venture partnership is currently reviewing two (2) orders for 180,000 new LED Lights worth an estimated 54 mi USD.
CTLE and International partnerships:
Nano Labs (CTLE) has continued to strengthen our international partnerships and working with BYR we have completed production of our first commercial line of NC2012, which we have branded nPaint. As our first product entry, the next-generation thermal insulation paint coating provides fire and heat protection at temperatures of up to 1,500 degrees Celsius. The nano thermal coating is resistant to corrosion, rust, water, and oxidization -- making it particularly durable, as does its capability of reflecting up to 82% of ultraviolet rays that, over time, can contribute to deterioration involving structural materials such as PVC. We have refined the development process making this product commercially and economically viable for use across all industry applications. As our first product entry, we believe it is commercially strong and diverse. Of particular note in hotter climates, the potential to reduce air-conditioning related costs by as much as 40% and offer temperate living conditions for those with no power is one of the biggest commercial drivers.
BYR has produced over 1,250 gallons for testing with a variety of international industry partners and distributors. We look forward to reporting in Q2 on these sales efforts. We strongly believe we have bright prospects for long-term international relationships with significant global brand licensing and distribution partners.
Our innovative "intelligent illumination system" for greenhouses, that works with commercial light-emitting diodes (LEDs) to reduce energy consumption and improve processes contributing to the growth of plant life in agricultural greenhouses.
We here at Nano Labs (CTLE) believe that we are at the forefront of an exciting age. In my estimation, we are riding the crest of a wave of such a significant impact that it effectively amounts to a new American industrial revolution.
Stock traders academy has highlighted CTLE in the past only to see it rocket to the 1.50 range. Here we are again, letting you know that CTLE is PRIMED for a climb back up from these lows and could very well break out to new highs in the days and weeks to come
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