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Tampa, FL - Nano Chemical Systems Holdings, Inc. , ("Nanochem" or "The Company") announced that it has signed an Agreement and Plan of Merger with BioCentric Energy, Inc ("BCEI"). BCEI is a California based energy company that is commercializing several renewable energy business platforms.

One of BCEI's core businesses is the BioCentric Energy Consortium specifically developed to provide American BioDiesel producers with an Inbound solution for Biofuel feedstock and an Outbound solution for BioDiesel. This business segment is anticipated to provide immediate earnings. The consortium solves two significant problems for the BioDiesel producers. First is the procurement of competitive stable feedstock supplies, and second is the effective marketing of BioDiesel.

"We have diligently worked on refocusing Nanochem such that we are positioned to capitalize on this exciting opportunity with BCEI," stated Mr. Alex H. Edwards III, Nanochem's CEO. "We truly have found partners whose goals are consistent with The Company's goals, which should provide for tremendous growth in shareholder value," concluded Mr. Edwards.

Mr. Dennis Fisher, Executive Vice President of BCEI stated, "Our merger will empower the BioCentric Energy Team to immediately execute a unique riposte that will deliver a profitable solution for all of the members of the BioCentric Energy Consortium. Our consortium represents BioDiesel producers who are entrepreneurial Americans trying to craft a positive footprint… we have shaped a unique path for their sustained profitability."

In the Agreement and Plan of Merger, Nanochem has agreed to issue BCEI shareholders common stock that will equal 66% of the post-merged entity. The Company has secured interim financing that should provide sufficient capital to fund its Business Plan.

SOURCE: Nano Chemical Systems Holdings, Inc.