TSX-V: GGG, OTCQB: GPHBF
NEW YORK, June 23, 2015 /CNW/ - Graphene 3D Lab Inc.
(TSXV: GGG, OTCQB: GPHBF) ("Graphene 3D") has accepted
delivery of additional extrusion equipment that will double the
potential production capacity of their functional
filaments. This equipment will also be used to manufacture the
Company's specialty filaments including the recently introduced
conductive filament sold through the Company's on-line store,
www.blackmagic3d.com.
Graphene 3D CEO Dr. Daniel
Stolyarov commented, "This new extrusion equipment will help
us to meet the increasing demand for our conductive filament. The
extra manufacturing capacity will also allow us to move forward
with production of new specialty materials. We anticipate releasing
at least three new materials in 2015."
The Company's conductive filament is ideally suited for 3D print
projects that require electrical connections, including conductive
traces (such as electrical connections found in circuit boards) or
touch sensors (as found in trackpads, controllers or
switches). Graphene 3D introduced the conductive filament for
sale in March of this year. The filament is available in 1.75
mm diameter, 100-gram spools and achieves a volume resistivity of
0.6 Ohm-cm.
About Graphene 3D
Graphene 3D Lab Inc. is in the business of developing,
manufacturing, and marketing proprietary graphene-based
nanocomposite materials for various types of 3D printing, including
fused filament fabrication. Graphene 3D is also involved in the
design, manufacture, and marketing of 3D printers and related
products for domestic and international customers.
The Graphene 3D 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
production capacity and production of new specialty materials.
In connection with the forward-looking information contained in
this news release, the Company has made numerous assumptions,
regarding, among other things, the potential production capacity of
extrusion lines and market demand for conductive filaments. 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: any issues arising from manufacturing and
material production, development of new materials, and market
demand risk.
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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PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE
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SOURCE Graphene 3D Lab Inc.