VANCOUVER, British Columbia, April 10, 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 the results from its annual general meeting of shareholders (the “Meeting”) held on April 9, 2019.

All seven nominees, Doug Blakeway, Troy Bullock, Hyonmyong (Hoch) Cho, Bozena Kaminska, D. Neil McDonnell, Ronan McGrath, and Bernhard Zinkhofer, were elected. The directors will remain in office until the next annual meeting of shareholders, or until their successors are elected or appointed.

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 RSU portion of the equity incentive plan.

The Company today granted 300,000 options to the non-executive directors of the Company. The options are exercisable for five years at $0.64, subject to customary regulatory approval and vesting conditions.

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.

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.