VANCOUVER, Nov. 14, 2012 /CNW/ - Garmatex Technologies, Inc. ("Garmatex" or the "Company") is an innovative leader in the research and development of scientifically engineered, performance-inspired fabric technologies. After extensive field testing and commercialization of the Company's fiber and fabric technologies over the past seven years, Garmatex is now ready to market these proven innovations to established global brands and companies. Garmatex has established operations in Vancouver, British Columbia and expanding its North American reach through its presence in Los Angeles, California will allow Garmatex to tap into the massive multi-billion apparel and textile market in the USA. Garmatex will deliver unprecedented quality and value to major brands that are looking to secure their position as leaders in offering innovative products.
Keith Gracey, Garmatex CEO and Chairman, states: "Our expansion in North America enhances our capacity to develop and commercialize our products tailored to the specific needs of our clients, as well as our strategic partners' needs, while focusing on the branding of Garmatex through other established and emerging brands."
Garmatex will work directly with its strategic partners to establish additional revenue streams based on their specific requirements. The Company will continue to identify and acquire emerging apparel brands/partners and garment and performance wear technologies based on strong intellectual properties and characteristics. This will enable Garmatex to expand the range of its technologies and offerings worldwide.
Gracey says: "Our growth strategy includes partnering with like-minded companies who rely on innovation in order to bring the world superior products which enhance the lives of the users. With this expansion, we can now partner with some of the biggest name brands."
Garmatex is currently selling its technologies and fabrics on three continents, with brands marketing into the sports category (cycling, MMA, hockey and football), designer wear, military, workwear (including police). The Company plans to expand soon into hospital wear.
The Company believes its newly introduced Kotinu® product could replace cotton and has the potential to become the quintessential fabric for the textile industry due to its cotton-like softness and super-fast wicking properties.
About Garmatex Technologies, Inc.:
Garmatex's performance technologies and fabrics: Kotinu®; T3®; Bact-Out®; Coolskin®; Warmskin®; Coldskin®; Steelskin®; Satinu®; Camoskin® and Recoveryskin™ have proven to be superior to any like products available in the market for comfort, fit and performance and are engineered using our proprietary "Moisture System Transference" (MST) process which provides unrivaled moisture management control. Garmatex's ground-breaking Kotinu® fabric, with its amazing "cotton-like" comfort and feel, delivers unparalleled performance in moisture management, lasts 6 times longer than cotton, maintains color sharpness with minimal fade and is a viable alternative to cotton in any application where the inferior attributes of cotton have been considered "the standard". Our patented T3® triple-gusset shirt construction, which allows complete 360 degree mobility of the shoulder without restriction or shirt binding, is the first garment construction design patent granted in decades.
Forward-Looking Statement Disclaimer
Statements contained in this Press Release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
SOURCE: Garmatex Technologies, Inc
For further information:
Garmatex Technologies, Inc.
Garmatex Technologies, Inc.