NanoLumens, Ltd. Files Amended and Restated Preliminary Prospectus for Initial Public Offering

Lorne Sugarman to Join the Board of Directors of NanoLumens, Ltd. and NanoLumens, Inc.

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION TO U.S. NEWS WIRE SERVICES/

ATLANTA, GA, July 21, 2015 /CNW/ - NanoLumens, Inc. ("NanoLumens"), a leading manufacturer and marketer of visualization solutions, and NanoLumens, Ltd. (the "Issuer"), a holding company formed by NanoLumens to effect an initial public offering, announced today that the Issuer has filed an amended and restated preliminary prospectus (the "preliminary prospectus") with the securities regulatory authorities in each of the provinces of Canada and obtained a receipt therefor in connection with the proposed initial public offering of the Issuer's common shares. All of the common shares to be sold in connection with the initial public offering will be offered by the Issuer. The proceeds of the initial public offering will be used by the Issuer to acquire a non-controlling interest in NanoLumens. A copy of the preliminary prospectus is available on SEDAR at www.sedar.com.

The offering is being made through a syndicate of underwriters led by Canaccord Genuity Corp., as lead underwriter and bookrunner, and comprised of CIBC World Markets Inc., National Bank Financial Inc., Beacon Securities Limited and Euro Pacific Canada, Inc.

Completion of the Issuer's initial public offering is subject to the receipt of customary approvals, including regulatory approvals.

NanoLumens also announced that Lorne Sugarman will join the Board of Directors of NanoLumens and the Issuer upon the closing of the initial public offering.

"Lorne is known and well respected for his experience in a broad range of corporate finance transactions, including mergers and acquisitions and public and private financings for many of Canada's leading non-resource companies," said Rick Cope, NanoLumens' founder and CEO. "Lorne is a highly-regarded corporate leader that will help us continue to grow our business."

Mr. Sugarman is the CEO of Wellpoint Health Ltd., a leading Canadian provider of occupational health and safety services. Previously, Mr. Sugarman was the Managing Director, Investment Banking at GMP Securities L.P., where he also served as a member of the firm's operating committee and board observer for Edgestone Capital Partners, the firm's private equity subsidiary. Mr. Sugarman began his career with Deloitte & Touche LLP as an audit practitioner and subsequently worked with Deloitte Consulting providing strategic advice to international clients in both Canada and the United States. Mr. Sugarman holds an M.B.A from the University of Toronto and a Bachelor of Arts (Economics) from the University of Western Ontario and is a member of the Institute of Chartered Accountants of Ontario.

The preliminary prospectus has not yet become final for the purpose of a distribution of securities to the public. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or acceptance of an offer to buy these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission or similar authority in such jurisdiction.

No securities regulatory authority has either approved or disapproved the contents of this press release. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of NanoLumens, Inc. in any jurisdiction in which such offer, solicitation or sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any U.S. state securities law and may not be offered or sold in the United States except in compliance with the registration requirements of said Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

About NanoLumens

NanoLumens, headquartered in Norcross, Georgia, creates displays impactful enough to deliver a truly immersive experience. We provide a powerful visual display platform, delivering engaging customer experiences, all supported by an array of visual communication services. Our brilliant displays, designed and assembled in the USA, are so thin, lightweight and curvable, they fit almost anywhere. With quality backed by an industry leading, Six Year Zero Failure Warranty, NanoLumens is your collaboration partner for visualization solutions. For more information, visit www.nanolumens.com

About the Issuer

NanoLumens has taken the initiative to create the Issuer, which is a Cayman Islands exempted company that was formed to acquire a non-controlling interest in NanoLumens.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of securities laws. Forward-looking statements may relate to the Issuer's and NanoLumens' future outlook and anticipated events or results and may include statements regarding the financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, dividends, plans and objectives of the Issuer and NanoLumens. Particularly, statements regarding the Issuer's proposed initial public offering and the proposed use of proceeds thereof are forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved".

Forward-looking statements are based on the opinions and estimates of management of the Issuer and NanoLumens as of the date such statements are made, and they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the following factors described in greater detail in "Risk Factors" of the amended and restated prospectus filed July 17, 2015 by the Company; risks related to NanoLumens' business; risks related to the ownership structure of NanoLumens; and risks related to the Offering.

There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, undue reliance should not be placed on forward-looking statements. The Issuer and NanoLumens do not undertake to update any forward-looking statements that are contained herein, except as required by applicable securities laws.

SOURCE NanoLumens Inc.

For further information: Ross Marshall, Investor Relations, T: (416) 526-1563, E: ross.marshall@loderockadvisors.com

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