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Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a manufacturing company. The Company holds licenses and related patents to manufacture and sell Stabilized Aluminum Foam (SAF), a cellular metallic material. SAF is produced utilizing a process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into strong, lightweight panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It develops applications for use in the automotive and industrial markets. Its divisions include SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. SAF is used in such industries as architectural design, military and automotive. It markets its architectural SAF under the Alusion brand and its automotive and military SAF under the SmartMetal brand.


TSXV:CYM - Post by User

Bullboard Posts
Comment by go4futureon Nov 17, 2008 7:14pm
174 Views
Post# 15591683

RE: NR and nobody posts?

RE: NR and nobody posts?Excellent news....still in the game with 2nd prototype, probably the same OEM with a better fit, knows what they want to achieve and knows SAF is a solid solution to solve the engineering problem.
Good strategic NR by Tim Hardman/GF emphasizing light-weighting of autos gaining traction / attention in marketplace. GF/Cymat have the technology and are positioned in the marketplace. I see a lot of press these days that government bailout money will have strings attached to the auto makers in order to reposition the auto industry, make more fuel efficient cars, not repeat the old ways, same mistakes etc. We may finally see more business surfacing more quickly as a result of this as well as the changes happening to the auto industry.    
Bullboard Posts