MISSISSAUGA, ON, July 13, 2021 /CNW/ - Cymat Technologies Ltd.
(TSXV: CYM) (the "Company" or "Cymat") is
pleased to announce that it has signed an agency agreement with ADI
Technologies, Incorporated ("ADI") to enhance Cymat's access
to defence markets in the United
States.
ADI offers its clients marketing, sales and consulting services
to sell their products and services to US government organizations
and military contractors. ADI has over 30 years experience
succesfully marketing and selling products into the U.S. defence
markets. Under the terms of this agreement, ADI will provide
introductions and pursue US Military contracts for Cymat's
Stabilized Aluminum Foam (SAF) products.
Michael Liik, CEO of Cymat,
commented,"Cymat has been engaged with the US Military and various
defence contractors for many years. While they are familiar with
our products, we believe that working with ADI will provide Cymat
with the leverage it needs to advance its military initiatives and
better navigate this highly lucrative market." Mr Liik further
added " ADI's considerable knowledge of the rules and regulations
of this market coupled with its extensive contacts in the US
Military will greatly enhance Cymat's access to relevant vehicle
programs."
Jerry Brown, CEO of ADI,
commented, "We are thrilled to be working with Cymat and
introducing its unique and ideally-suited material to various US
military organizations and companies in the defence market.
Our military backgrounds, knowledge of the Federal Acquisition
System and and well established contacts offer Cymat critical
access to markets which are very difficult to penetrate."
About Cymat Technologies Ltd.
Cymat Technologies Ltd. has the global rights, through patents
and established know-how, to manufacture and sell Stabilized
Aluminum Foam ("SAF"), a unique, ultra-light, cellular metallic
material. The proprietary production process entails the injection
of gases through a molten bath of alloyed aluminum infused with
ceramic particles. The result is an advanced, lightweight,
recyclable material that exhibits unique characteristics including:
customizable density and dimensions; mechanical energy absorption;
thermal and acoustic insulation; and time, temperature and
strain-rate insensitivity. A key benefit of this continuous foam
production process is its scalability and resultant low cost of
production. SAF is used in such industries as architectural design,
military and automotive. Cymat markets its architectural SAF under
the AlusionTM brand and its automotive and military SAF
under the SmartMetalTM brand. For further information ,
please visit our website at www.cymat.com.
About ADI Technologies. Inc.
ADI Technologies, Incorporated ("ADI"), based just a couple of
miles outside of Dulles International Airport, specializes in full
service marketing and consulting within the government acquisition
system. They are government marketing consultants that serve as
master distributor, value-added reseller, and manufacturers'
representative to many domestic and overseas companies with new
technologies in defense, cybersecurity, alternative energy,
communications, biometrics, governance/audit/ compliance,
navigation and survivability. Similarly, ADI provides advice and
assistance to US based companies wishing to expand their government
and corporate marketing activities overseas. They operate in the
highly specialized government marketing consulting space and their
website provides detailed information about their organization,
services, and program successes. For further information please
visit their web site at www.aditechnologies.com.
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SOURCE Cymat Technologies Ltd.