TSX-V: GGG, OTCQB: GPHBF
NEW YORK, March 30, 2015 /CNW/ - Graphene 3D Lab Inc. (TSX-V: GGG)(OTCQB: GPHBF) ("Graphene 3D") is pleased to announce that it has begun retailing Taulman 3D Nylon 680 filament on March 30, 2015. The filament is designed for use in a wide range of industries, including medical and dental research, food processing, and robotics. Nylon 680 is compatible with sterilization procedures widely used in laboratory settings, has FDA approval for indirect food contact, and is designed to have superior strength and physical attributes when compared to consumer-grade materials currently on the market; 680's specifications are highly desired by industry and hobbyists alike. Exclusive distribution rights for Nylon 680 are granted to Graphene 3D in the US, Canada, and Mexico, and are related to a Memorandum of Understanding (MOU) with Taulman 3D, announced November 25, 2014. The MOU outlines both companies collaboration in the development and distribution of 3D printing materials.
Nylon 680 3D printing filament is to be distributed on Graphene 3D Lab's web store and retail brand, Black Magic 3D (www.blackmagic3d.com).
Graphene 3D CEO Dr. Daniel Stolyarov commented, "The sale of Nylon 680 in North America will allow Graphene 3D to expand upon a strong selection of specialty 3D printing materials being retailed via Black Magic 3D. The high strength and sterilization compatibility offered by this material makes it particularly exciting for a host of emerging applications, including in cutting-edge research environments."
Taulman 3D CEO, Thomas Martzall, commented, "Nylon 680 combines great mechanical properties with unique features. Our team has worked hard to ensure that this material meets the specifications required by leading industrial players, and we are glad to now offer it commercially through the Black Magic 3D brand."
To view Nylon 680, follow this address for 3 mm filament http://www.blackmagic3d.com/product-p/n-680-300.htm and this address for 1.75 mm filament http://www.blackmagic3d.com/product-p/n-680-175.htm
About Graphene 3D
Graphene 3D Lab is in the business of developing, manufacturing, and marketing proprietary graphene-based nanocomposite materials for various types of 3D printing, including fused filament fabrication. The Company is also involved in the design, manufacture, and marketing of 3D printers and related products for domestic and international customers.
The Graphene 3D Lab facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has four US patent applications pending for its technology. For more information on Graphene 3D Lab, Inc., visit www.graphene3dlab.com.
FORWARD LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information in this news release includes statements about commercial sales of Taulman 3D's nylon 680 filament.
In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, sales channels to be used for the retail of the nylon 680 filament and applications of nylon filament. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: lack of interest in nylon 680 material, any issues arising with distribution channels, or any issues arising with material production.
A more complete discussion of the risks and uncertainties facing the Company is disclosed in the Company's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE Graphene 3D Lab Inc.
For further information: Commercial Inquiries: Daniel Stolyarov, President & Chief Executive Officer, Telephone: (631) 405-5116, Email: [email protected]; Investor Inquiries: Investor Relations, Telephone (631) 405-5114, Email: [email protected]