Joint Venture Collaboration Agreement for Exploiting and Scaling Up of DBM?s Technology

DETROIT, MI / ACCESSWIRE / September 18, 2014 / Nano Labs Corp., (OTCQB: CTLE), is pleased to announce the Company has finalized a Joint Venture Agreement with DB Metals SA to a conduct business development Program (BDP) for the benefit of the parties exploiting and scaling up DB Metals´s novel technology.

DB Metals is a technology based company located in Mexico that has been developing during the last six years a novel technology consisting of a three phase metallurgical process that enables the reduction significantly of time and raw materials required to recycle lead and other non-ferrous metals. As a result of 25 years of experience in the metallurgic field, DB Metals has developed this technology with the financial support of the National Council of Science and Technology of Mexico. After obtaining highly satisfactory pilot-test results in the scaling up process financed by the National Council, DB Metals has been able to confirm the benefits of this novel environmentally safe process that enables to reduce cost, time, fuel consumption, waste water and environmental impact of recycling lead scrap, and that could be applied to recuperate, smelt and refine other non-ferrous metals (the "DB Metals Technological Process").

The Joint Venture Agreement outlines to transform DB Metals in a joint venture company for operational and funding requirements and commitment of the corresponding DB Metals Technological Process, whereby the Company will be able to address market opportunities; DB Metals will be responsible to adapt and address market opportunities worldwide. In accordance with the terms and provisions of the Joint Venture Agreement, DB Metals shall issue, assign, transfer, and deliver to Nano Labs and Nano Labs shall receive and accept fifty percent (50%) of DB Metals shares issued and outstanding (the "Share Transfer"). Nano Labs shall issue to DB Metal´s shareholders 100,000,000 shares of its restricted common stock.

"This Joint Venture partnership will bring an excellent opportunity to develop a new business with a strong environmental market scope and diversify the operations of the company. DB Metals represents an extraordinary business option related with the metal commodities market and its benefits," states Mr. Bernardo Chavarria, President of Nano Labs.

About DB Metals Corp.

Established in 2009, DBM is a technology-based company located in Mexico that has conceived to developed metallurgical processes and engineering in metals smelting and refining fields with the purpose to reduce the cost, time and raw materials required to obtain, refine and recycle non-ferrous metals. The National Council of Science and Technology of Mexico awarded DBM with full funding for pilot testing and scaling up process that enabled the company to confirm the benefits of the Bianco?s Process.

About Nano Labs

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.

CONTACT:

Nano Labs Corp.

Bernardo Camacho Chavarria

President

1 (888) 806-2315

SOURCE: Nano Labs Corp.