“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.
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.
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.