Cymat announces breakthrough military order



    
    Listing: TSX
    Symbol: CYM
    

    TORONTO, Feb. 2 /CNW/ - Cymat Technologies Ltd (symbol CYM, TSX) is
pleased to announce receipt of its first preproduction development award from
the Canadian Department of National Defence (DND) for its unique blast
mitigation material SmartMetal(TM). DND will be testing SmartMetal(TM) as part
of a retrofit kit to increase blast survivability of a specific military
vehicle platform operating in Afghanistan.
    It is anticipated that delivery of this order and subsequent successful
blast/field testing shortly thereafter will lead to a production order by mid
to late 2009.
    "This is a major milestone in Cymat's road to commercialization," said
Tim Hardman, Cymat's President. "Based on independent testing completed in the
US, Cymat's SmartMetal(TM) can play a key role in increasing troop
survivability when "up-armoring" military vehicles. He went on to say "We
believe that our ongoing collaboration with key US military and defence
partners will yield similar commercial awards for large scale projects in the
US in 2009. We are honoured to play a major role in increasing Canadian, US
and NATO's troop safety capabilities," he added.

    About Cymat:

    Cymat develops innovative materials for industry. The company has
worldwide rights, through patents and licenses, for producing Stabilized
Aluminum Foam. The ultra-light metallic foam is manufactured by bubbling gas
through molten alloyed aluminum containing a dispersion of fine ceramic
particles and can be produced as either Near-net Shapes or Flat Panels. The
result is a revolutionary material with a wide array of features including
very low density, mechanical energy absorption, thermal and acoustic
insulation, is recyclable, time and temperature insensitive and has a
relatively low cost of production. Cymat is collaborating with a number of
partners spanning the automotive, architectural and blast mitigation
industries. For further information, visit the Web site www.cymat.com.

    The foregoing press release contains forward-looking statements relating
to the development of markets, development programs, future revenues and
improvements in technology, which are subject to important risks and
uncertainties. The results or events predicted in these statements may differ
materially from actual results or events. Factors which could cause results or
events to differ from current expectations include the availability of
funding, existing and future relationships with suppliers and manufacturers,
the results of research and development activities, risks of technological
breakthroughs that make Cymat stabilized aluminum foam less attractive, risks
relating to the breadth, scope and enforceability of intellectual property
rights, general industry and market conditions, availability of qualified
personnel, and reliance on co-development partners. For additional information
with respect to these and other factors, see the reports filed by Cymat
Technologies Ltd. with the Ontario Securities Commission. Cymat Technologies
Ltd. disclaims any intention or obligation to update or revise any
forward-looking statements.

    %SEDAR: 00024103E




For further information:

For further information: Investors and Media: Michael Liik, Executive
Chairman, Cymat Technologies Ltd., Tel: (905) 696-2424, Email: liik@cymat.com;
Trevor Sandler, Chief Financial Officer, Cymat Technologies Ltd., Tel: (905)
696-2427, Email: tsandler@cymat.com


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