I'm not sure how a giant red center to a coin that is EXTREMELY visible qualifies as NANO technology, named so, because it exists on the NANO scale, which is to say, extremely not visible. I'm really starting to wonder about the "Nano" techology industry in the US.

That is how this works. It also has the advantage that it doesn't have the radiator outside the case. The radiator sits in a spare pci slot cooling down the water and blowing the hot air right out the case. The biggest problem I have had with cooling video cards is that cases were not designed to move air through the video card and thus the fan just blows air into either the powersupply or another card and then sucking it in agian. It creates hots spots in the case to the point that I can have a 20C temperature gradiant in the case. This fixes that by moving the heat directly outside the case. I don't know where it is getting the fresh air from though. My guess is it is from inside the case which is dissapointing as that will be hotter than outside air but it will still be better than my current settup.
This isn't designed to replace full water cooling rigs which would be better but it does bring water cooling benifits to those that don't feel safe building there own.