American Graphite Technologies Inc. Announces Further Details for 3D Printing Collaboration With the Kharkiv Institute of Phy...
02 Maggio 2013 - 3:11PM
Marketwired
American Graphite Technologies Inc. ("AGIN" or the "Company")
(OTCBB: AGIN) and (BERLIN: A8G) (WKN:A1KBDQ/ISIN:US02640K1079)
announces that the Company has reached an agreement in principle
with its collaboration partner, Kharkiv Institute of Physics and
Technology ("KIPT", the "Institute"), in Ukraine on its project
named "P600" which will be to research the properties of graphene
contained matter as working material for 3-D printing.
The Company and the Institute will be working under the auspices
of the Science & Technology Centre in Ukraine ("STCU"), which
is an intergovernmental organization founded by the governments of
the Ukraine, Canada, EU and the USA which supports research and
development activities for peaceful applications by Ukrainian,
Georgian, Uzbekistani, Azerbaijani, and Moldovan scientists and
engineers.
Rick Walchuk, CEO of the Company stated, "I am pleased to
announce that we have concluded our agreement in principle with
KIPT and that we have forwarded the required documentation to the
U.S. Department of State, Bureau of International Security and
Nonproliferation Office of Cooperative Threat Reduction for review
and expect nomination shortly. Once we receive approval we will
coordinate the startup of our project with the SCTU."
For more information visit the website at
www.americangraphitetech.com
About American Graphite Technologies Inc.
American Graphite Technologies Inc. (OTCBB: AGIN) is a mineral
exploration and technology development company that is listed on a
US Stock Exchange where the Company's ticker symbol is AGIN and on
the Berlin Stock Exchange under the following symbol: A8G
(WKN:A1KBDQ/ISIN:US02640K1079). By concentrating on securing
graphite mining opportunities and the commercialization of graphene
specific proprietary technology methods, management is seeking to
bring profitable opportunities and maximize shareholder value.
Graphene has been described as the "miracle material" of the 21st
Century and is believed to be stronger than steel and more
conductive than copper while being flexible, making it plausible as
a replacement over silicon possibly leading to thinner, faster,
cheaper, more flexible devices including power sources. Since
graphene comes from the carbon atom it is abundant and cheap. In
2010 the Nobel Prize in Physics was awarded to Andre Geim and
Konstantin Novoselov for groundbreaking experiments regarding
graphene. Advances in alternative energy technologies are driving
demand for strategic metals like graphite that have recently
evolved from industrial demands to include high tech uses as
nations focus on encouraging the development of new domestic
markets for clean and efficient energy alternatives, smart grid
infrastructure and military capabilities.
Safe Harbor: Pursuant to the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995, and within the
meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Exchange Act of 1934, any statements that express or
involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals and assumptions of
future events or performance are not statements of historical fact
and may be "forward-looking statements." Forward-looking statements
are based on expectations, estimates and projections at the time
the statements are made that involve a number of risks and
uncertainties which could cause actual results or events to differ
materially from those presently anticipated. Forward-looking
statements in this release may be identified through the use of
words such as "expects," "will," "anticipates," "estimates,"
"believes," or statements indicating certain actions such as "may,"
"could," or "might" occur. Such statements reflect the current
views of CTI with respect to future events and are subject to
certain assumptions, including those described in this release.
These forward-looking statements involve a number of risks and
uncertainties, including the timely development and market
acceptance of products, services, and technologies, competitive
market conditions, successful integration of acquisitions, the
ability to secure additional sources of financing, the ability to
reduce operating expenses and other factors. The actual results
that the Company achieves may differ materially from any
forward-looking statements due to such risks and uncertainties.
American Graphite Technologies Inc. does not undertake any
responsibility to update the "forward-looking" statements contained
in this news release.
Contact: American Graphite Technologies Inc. For further
information call (702) 473-8227 Email: Email Contact
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