updated 3/16/2011 9:18:27 AM ET 2011-03-16T13:18:27

NANCHONG, China, March 16, 2011 (GLOBE NEWSWIRE) -- American Nano Silicon Technologies, Inc. (OTCBB:ANNO) ("ANNO" or "the Company"), a leading manufacturer and distributor of refined consumer chemical products and veterinary drugs, reported today that the Company has engaged NUWA Group as its strategic investor relations advisor.

"We are very excited to work with NUWA Group," said Fachun Pu, CEO of American Nano Silicon Technologies. "We believe that NUWA Group will vastly improve and expand our relationships with investors, high-net worth individuals, and institutions. NUWA Group has a proven record of success working with numerous China based US listed companies and we at American Nano Silicon Technologies are delighted to employ such an experienced and esteemed investor relations advisor. We look forward to having NUWA Group assist us in communicating our business model, growth strategy, competitive advantages, and value proposition to shareholders and the investment community."

Kevin Fickle, President and CEO of NUWA Group, said: "NUWA Group is proud to work with American Nano Silicon Technologies, a company that is on the leading edge of the Chinese chemical additive industry and having a positive impact on China's environment. The Company's expanding lines of environmentally friendly products—like their phosphate-free detergent additive—are shaping the future of micro-nano silicon based products. American Nano Silicon Technologies experienced 70% revenue increase and 65% gross profit increase last quarter. As the Company seeks to gain further leverage as a preeminent supplier of micro-nano silicon based products, NUWA Group will work directly with management to facilitate further growth in shareholder value."

As of December 31, 2010, the Company's full production capacity was 41,500 tons per year. American Nano Silicon Technologies is planning to further expand its current capacity to 120,000 tons per year.

About American Nano Silicon Technologies, Inc.

American Nano Silicon Technologies, Inc., through its 95%-owned subsidiary, Nanchong Chunfei Nano Silicon Technologies Co., Ltd., is engaged in the business of manufacturing and distributing micro-nano silicon based products. While the Company's micro nano silicon based products are currently focused on the concrete and non-phosphate detergent industries, micro nano silicon (TM) is adaptable to and widely used in many consumer and industrial products, including paint, petrochemical, plastics, rubber, paper, ceramics and water treatment materials.

The American Nano Silicon Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8811

Safe Harbor Statement

This release may contain certain "forward-looking statements" relating to the business of American Nano Silicon and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "estimates" or similar expressions. These forward-looking statements are based on assumptions about the Company's future, including, but are not limited to, continued demand for American Nano Silicon Technology, Inc.'s products, American Nano Silicon Technology Inc.'s ability to sustain growth for the balance of the year, and its ability to generally meet all of its objectives. Such forward-looking statements and the underlying assumptions involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, and concentration in a small number of customers, raw material costs, market acceptance, future capital requirements, and competition in general as well as other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in the Company's filings with the SEC, in particular in Item 1A: "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended September 30, 2010. Except as required by law, American Nano Silicon Technology, Inc. will not update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Investor Contact:
         Mr. Kevin Fickle
         NUWA Group, LLC
         Tel: +1-925-330-8315
         Email: Kevin@nuwagroup.com
         
         Company Contact:
         American Nano Silicon Technologies, Inc
         Tel: + 86-0817-3634888
         Email: info@usnanosi.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.71%
$30K home equity loan FICO 5.26%
$75K home equity loan FICO 4.70%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.14%
17.14%
Source: Bankrate.com