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Saint Charles, Missouri / TNW-ACCESSWIRE / Nov. 25, 2014 / Graphene 3D Lab Inc. (OTCQB: GPHBF, TSX-V: GGG) ("Graphene 3D") and Taulman 3D LLC ("Taulman") are pleased to announce the signing of a memorandum of understanding (MOU) which lays the foundation for the joint research and development of 3D printing materials.
As outlined in the MOU, Graphene 3D and Taulman will enter into co-development of a graphene-enhanced nylon material for 3D printing. The agreement also grants Graphene 3D exclusive distribution rights for Taulman's Nylon 680, a novel high-strength 3D printing material, for a period of two years in the USA, Canada, and Mexico. Sales of Nylon 680 are expected to begin in quarter 1 of 2015.
Graphene 3D CEO Daniel Stolyarov commented, "Taulman is a leading supplier of nylon materials, with a high level of experience in both distribution and development of proprietary filaments. I see a high potential for synergy between our two companies and look forward to continuing this collaboration in both business and research."
Thomas Martzall, CEO at Taulman 3D, added "There is a growing need for high-strength 3D printer materials with functional properties. By partnering with Graphene 3D, a company with a sound foundation in materials R&D and commercialization, we open the path to bring such materials to market."
Graphene 3D is pleased to announce that it has formalized an agreement for Numus Financial to assist the Company with its investor relations program. Numus will provide oversight of the investor relations program and will co-manage investor relations expenses without any management fee mark-up. Paul Thomson of Numus Financial is providing investor relations activities for the Company on a cost recovery basis. Paul Thomson has been granted 50,000 stock options priced in accordance with the company's stock option plan and the policies of the TSX Venture Exchange.
Numus Financial has no direct or indirect beneficial ownership or control or direction over any securities of the Company and further, Numus Financial has no right to acquire securities of the Company as compensation for services outlined above.
About Graphene 3D Lab
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 two US patent applications pending for its technology. For more information on Graphene 3D Lab, Inc., visit www.graphene3dlab.com.
About Taulman 3D
Taulman 3D LLC is a leading supplier of high-strength filaments for FFF 3D printing. The company offers many different types of nylon filaments, each with a different set of properties. Products include: Nylon 618, Nylon 645, Bridge Nylon and t-glase PET 3D printing filaments.
For more information, please contact:
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Commercial Inquiries:
Daniel Stolyarov
President & Chief Executive Officer
Telephone: (631) 405-5116
Email: daniel.stolyarov@graphene3dlab.com
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Investor Inquiries:
Investor Relations
Telephone (631) 405-5114
Email: investors@graphene3dlab.com
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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 collaboration and distribution between Graphene 3D Lab and Taulman 3D.
In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, Taulman materials to be distributed by Graphene 3D and collaboration to take place between Graphene 3D and Taulman. 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: incompatibility of the technologies owned by Graphene 3D and Taulman; either party, for any reason, choosing not to move forward in joint collaboration.
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.
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