TSX-V: GGG, OTCQB: GPHBF
VANCOUVER, BC, TORONTO, ON and NEW YORK, NY, March 16, 2015 /CNW/ - Graphene 3D Lab Inc. (TSX-V: GGG)(OTCQB: GPHBF) ("Graphene 3D") is pleased to announce that it has launched commercial sales of its Conductive Graphene Filament for 3D printing today, March 16, 2015. The filament incorporates highly conductive proprietary nano-carbon materials to enhance the properties of PLA, a widely used thermoplastic material for 3D printing; therefore, the filament is compatible with most commercially available 3D printers. The conductive filament can be used to print conductive traces (similar to as used in circuit boards) within 3D printed parts for electronics.
Graphene 3D's conductive filament is to be distributed through the Company's recently launched brand and e-commerce platform, Black Magic 3D (www.blackmagic3d.com). Black Magic 3D has been established as the trade name for all current and future Graphene 3D filaments.
Graphene 3D CEO Daniel Stolyarov commented, "Graphene 3D is excited to begin offering Conductive Graphene Filament directly to customers and opening new avenues of creation for 3D printer users. We anticipate a wide variety of applications, including the 3D printing of conductive traces and capacitive touch sensors." Stolyarov continued, "We are looking forward to receiving continued feedback from the 3D printing community as we proceed with the development of a wide range of filaments with functional capabilities. This is an important milestone for Graphene 3D Lab, achieving revenue through the commercialization of functional 3D printing materials and in achieving the Company's goal of building an ecosystem for 3D printing operational devices."
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 Graphene 3D Lab's conductive 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 conductive filament and applications of conductive 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 conductive 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.
Image with caption: "Conductive Graphene Filament (CNW Group/Graphene 3D Lab Inc.)". Image available at: http://photos.newswire.ca/images/download/20150316_C5477_PHOTO_EN_13267.jpg
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]