VANCOUVER, British Columbia, April 06, 2018 (GLOBE NEWSWIRE) -- Nanotech Security Corp. (TSXV:NTS) (OTCQX:NTSFF) (“Nanotech” or the “Company”), a leading innovator in the research, creation and production of nano-optic structures and colour shifting materials used in authentication and brand enhancement, is pleased to announce the results from its annual general meeting of shareholders (the “Meeting”) held on April 5, 2018.

All seven nominees listed in the Company’s Management Information Circular dated February 27, 2018 were elected.  The directors will remain in office until the next annual meeting of shareholders, or until their successors are elected or appointed.

Detailed voting results on the election of the directors are as follows:

In other business conducted at the Meeting, the shareholders reappointed KPMG LLP as auditors, approved the continuation of the Company’s equity incentive plan, and approved amendments to the Company’s equity incentive plan.

On April 5, 2018, the Company also granted 100,000 share purchase options to a consultant representing the Company in an investor relations capacity.  The options are exercisable for five years at $1.21, subject to customary regulatory approval and vesting conditions.

About Nanotech

Nanotech researches, creates and produces nano-optic products that have brand protection and enhancement applications across a wide range of markets including banknotes, tax stamps, secure government documents, commercial branding, and the pharmaceutical industry. 

The Company’s nano-optic technology employs arrays of billions of nano-indentations that are impressed or embossed onto a substrate material such as polymer, paper, metal, or fabric.  By using sophisticated algorithms to direct an electron beam, the Company creates visual images with colour shifting effects such as 3D, perceived movement, and can also display high-definition colours including skin tones, and whites and blacks, which are not possible using holographic technology.

Additional information about Nanotech can be found at the Company’s website www.nanosecurity.ca, the Canadian disclosure filings website www.sedar.com or the OTCMarkets disclosure filings website www.otcmarkets.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.