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.
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SOURCE Graphene 3D Lab Inc.