Bay Street News

Nanotech Adds VP Sales to Drive Execution of Growth Strategy

VANCOUVER, British Columbia, Jan. 16, 2019 (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 announces that Brian Donnelly has joined the Company as Vice President Sales.

Mr. Donnelly brings over 25 years of innovative sales and business development leadership to Nanotech. His experience is characterized by roles in a range of industries where managing complex sales cycles and multiple stakeholders were the cornerstones of his success. He is adept at building and leading high-performance sales teams and executing successful initiatives across international boundaries. Most recently, Mr. Donnelly was Vice President, Sales and Marketing at Norsat International, where he delivered the Company’s largest sale to date and grew annual revenues in excess of 35% in the face of a declining overall market.

Reporting to President and CEO Troy Bullock, Mr. Donnelly will be accountable for delivering on Nanotech’s revenue goals as the Company progresses with the execution of its growth strategy, targeting the banknote security feature and brand enhancement industries. Mr. Donnelly holds a Bachelor of Applied Science from Simon Fraser University.

“Our markets offer tremendous potential, and Mr. Donnelly is a key element in the execution of our strategy and the conversion of that market potential into revenue,” said Mr. Bullock. “We are very excited to enter this new phase of the Company’s growth and are confident Mr. Donnelly will drive that growth.”

About Nanotech
Nanotech researches, creates and produces nano-optic structures and colour-shifting materials used in authentication and brand enhancement applications across a wide range of markets including banknotes, tax stamps, secure government documents, and commercial branding. 

The Company’s nano-optic technology employs arrays of billions of nano-indentations that can be impressed or embossed onto a wide range of substrate materials including polymer, paper, metal, or fabric.  By using sophisticated algorithms to direct an electron beam lithography system, the Company creates visual images and effects such as 3D, perceived movement, and the display of high-definition colours.

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.

Nanotech Security Corp.: Investor Relations:
Shana Chow Sean Peasgood
info@nanosecurity.ca sean@SophicCapital.com
+1.604.678.5775 +1.647.699.9845

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.