Nanotech Security Corp. Announces New Director, Option Grant and Other Shareholder Meeting Results
VANCOUVER, British Columbia – March 31, 2016 – Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF), announces that Ron Barbaro was elected as a director at the annual shareholders meeting held March 29, 2016. Mr. Barbaro brings the board to seven persons along with Doug Blakeway, Brian Causey, Dickson Hall, Bozena Kaminska, Ken Tolmie and Bernard Zinkhofer, who were all re-elected. Mr. Barbaro brings a wealth of sales and marketing experience from a wide range of industries. He is currently Chairman of the Board of Smart Employee Benefits Inc. and a director of Bardya Brokerage Services Inc. Over the years Mr. Barbaro has held many director positions including President and Director of the Prudential Insurance Company of America Worldwide Operations, Chairman and CEO of the Ontario Lottery and Gaming Corporation, Chairman of The Brick Group and Special Advisor and Chairman of the Premier of Ontario’s Economic Recovery Team. A total of 50,000 stock options exercisable for 5 years at $1.28 were awarded to Mr. Barbaro, subject to customary regulatory approval and vesting conditions.
In other meeting business the shareholders reappointed KPMG LLP as auditors and approved the continuation of the Company’s equity incentive plan.
About Nanotech Security
Through its security and surveillance divisions, Nanotech Security Corp. has been a leading innovator in the design and production of advanced security products and surveillance solutions for a number of years. Nanotech’s KolourOptik™ and Plasmogram™ products are nanotechnology based product platforms originally inspired by the unique optical properties of the iridescent wings of the Blue Morpho butterfly. Our security products produce intense, high definition optically-variable images and colour-shift optical thin films. Activated by a simple tilt or rotation, with higher resolutions than the best LED-displays, they are ideal for authentication of currency, passports, and identification cards in addition to distinguishing branded goods from counterfeits. Our surveillance division designs and manufactures sophisticated surveillance and intelligence gathering communications and forensic equipment for the law enforcement and intelligence community as well as runs a state of the art training academy where we provide technical surveillance training to the law enforcement community.
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.