China Nanotech Retains CCG Elite

    LOS ANGELES and BEIJING, Aug. 14 /Xinhua-PRNewswire/ -- China Nanotech
 Inc., formerly Zeolite Exploration Company (OTC Bulletin Board:   ZXPL) has
 retained CCG Elite to design and execute its investor relations campaign.
 China Nanotech is a leading manufacturer of nano precipitated calcium
 carbonate ("NPCC") and specialty chemicals in the People's Republic of
 China.
     "NPCC offers multiple benefits to a variety of industries, such as
 making products better by improving the mechanical properties of plastics
 and rubber or impact resistance," said Mr. Xiangzhi Chen, President, CEO
 and Director of China Nanotech. "We believe that our proprietary
 manufacturing process for NPCC and intense product development and research
 activities will enable us to continue to expand the range of applications
 for this critical material. As a public company, we have the flexibility to
 expand our capacity to meet anticipated future demand."
     China Nanotech operates two manufacturing businesses, one for NPCC and
 one for coal-based chemicals. NPCC is an emerging market with numerous
 possibilities of applications, many of which are yet to be developed. China
 Nanotech is the leading supplier for the tire and building materials
 markets, both of which provide growth opportunities. In addition, it is the
 only Chinese manufacturer of NPCC that is currently able to supply the tire
 industry.
     The Company has developed in cooperation with Tsinghua University a new
 membrane separation technology which reduces the cost of manufacturing
 NPCC. China Nanotech holds the patents for this technology and has the
 exclusive rights for its commercial application.
     "China Nanotech has strong growth potential benefiting from their
 planned capacity expansion and continued R&D," commented Crocker Coulson,
 President of CCG Elite. "Their historical revenue growth and strong
 operating margins position them as a very attractive investment vehicle
 that leverages the growth of a number of important industries in China.''
     About CCG Elite
     CCG Elite is a joint venture between Elite Communications, based in
 Hong Kong, and CCG, one of the leading investor relations agencies in the
 U.S. CCG Elite is uniquely positioned to provide an outsourced, high-level
 investor relations solution that combines in-depth understanding of Asia's
 corporate culture and economic scene and a direct pipeline into the leading
 funds and broker-dealers in the U.S. CCG Elite is a global, full-service
 investor relations agency with corporate headquarters in Los Angeles and
 offices in New York City, Irvine, CA and Hong Kong. The agency's Asia-based
 clients include Haier Electronics Group, Hua Han Bio-Pharmaceutical
 Holdings Limited, Yantai North Andre Juice Co., Sinolink Worldwide Holdings
 Ltd., Panva Gas Holdings Limited, Pico Far East Holdings Ltd., Kasen
 International Holdings Limited, Sinotronics, Good Fellow Group Limited,
 Century Sunshine and Citic 21CN Company Limited. CCG Elite's U.S.-based
 clients include TRW Automotive Holdings, Quality Systems, Accuride Corp.,
 SI International, Lite-On Corp. and City Telecom Ltd. For further
 information, contact CCG Elite directly, or visit the Company's Web site at
 http://www.ccgir.com .
     About China Nanotech Inc.
     China Nanotech is engaged in the business of manufacturing, marketing
 and selling a variety of nano precipitated calcium carbonate ("NPCC")
 products and coal-based chemicals for use in various applications. China
 Nanotech converts limestone into NPCC using its proprietary technology. The
 unique chemical and physical attributes make NPCC a valuable ingredient in
 tires, paints, polyvinyl chloride ("PVC") building materials and other
 products. It enhances the durability of many products by increased
 strength, heat resistance, and dimension stabilization. China Nanotech is
 also engaged in the manufacture and sale of coal-based chemical products
 namely ammonium bicarbonate, liquid ammonia, melamine and methanol. China
 Nanotech markets and sells its coal-based products mainly for chemical
 fertilizers and raw materials in the production of organic and inorganic
 chemical products, including formaldehyde and pesticides.
     Safe Harbor Statement
     Under the Private Securities Litigation Reform Act of 1995: Any
 statements set forth above that are not historical facts are
 forward-looking statements that involve risks and uncertainties that could
 cause actual results to differ materially from those in the forward-looking
 statements, which may include, but are not limited to, such factors as
 unanticipated changes in product demand especially in the tire industry,
 changes in composition of tires, ability to attract new customers, ability
 to increase its product's applications, ability of its customers to sell
 products, cost of raw material, downturns in the Chinese economy, and other
 information detailed from time to time in the Company's filings and future
 filings with the United States Securities and Exchange Commission.
     For more information, please contact:
 
      Crocker Coulson
      President of CCG Elite
      Tel:   +1-310-231-8600 x103
      Cell:  +1-323-270-8886
             +1-323-350-2793
      Email: crocker.coulson@ccgir.com
 
     U.S. Contact:
      Rick Dean
      Heritage Management
      Tel:   +1-716-626-3535
      Email: rick@heritagemgmt.net
 
 

SOURCE China Nanotech Inc.

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