SEAFORD, Del., July 21 /PRNewswire-FirstCall/ -- Nano Chemical Systems
Holdings, Inc. (OTC Bulletin Board: NCSH) announced today the successful
opening of its first branch office in Guangzhou, China. Over the next few
months the company expects to open additional branch offices in three other
major Chinese cities, Xian and Harbin in July, and Beijing in August.
Nano Chemical Systems Holdings has signed a contract with Benchmark
China Limited to assist with the Company's expansion into China's huge
industrial market. Benchmark China Limited is a consulting and investment
management company offering services to American and Chinese businesses
seeking to do business in China and the United States.
The opening of the branch office in Guangzhou is the first step in a
planned expansion that includes opening a total of four branches by
September 2006. All four branch offices will report directly to the
Company's headquarters in the United States.
The expansions into China's four major cities is consistent with Nano
Chemical Systems Holdings' overall strategy to identify and develop
potential manufacturers in China and develop new markets for its products
and services. With China's focus on large industrial facilities the Company
feels that its product line of lubricants, solvents and other industrial
manufacturing support chemicals is a perfect fit. Company CEO James Ray
states, "Opening branch offices in China gives us an opportunity to offer
products like our nano enhanced ball bearing lubricant, which enhances
performance over a range of operating and environmental conditions, to a
very large industrial market."
Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary,
SeaSpray Aerosol, Inc. that produces aerosol products for it's own formulae
and does private labeling for various customers. SeaSpray operates out of a
36,000 square foot facility that contains offices, research, warehouse and
manufacturing operations. The company is also engaged in enhancing the
effectiveness of its product line using nanotechnology where applicable.
Certain statements in this release and other written or oral statements
made by or on behalf of the Company are "forward-looking statements" within
the meaning of the federal securities laws. Statements regarding future
events and developments and our future performance, as well as management's
expectations, beliefs, plans, estimates or projections relating to the
future are forward-looking statements within the meaning of these laws. The
forward-looking statements are subject to a number of risks and
uncertainties including market acceptance of the Company's services and
projects and the Company's continued access to capital and other risks and
uncertainties outlined in its filings with the Securities and Exchange
Commission, which are incorporated herein by reference. The actual results
the Company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. These statements are based
on our current expectations and speak only as of the date of such
statements. The Company undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of future events,
new information or otherwise.
Investor Relations, 800-385-6401
SOURCE Nano Chemical Systems Holdings, Inc.