TSX-V: GGG, OTCQB: GPHBF
NEW YORK, June 29, 2015 /CNW/ - Graphene 3D Lab Inc.
(TSX-V: GGG, OTCQB: GPHBF) ("Graphene 3D") is pleased to
announce a distribution and manufacturing partnership with
Polymaker. Under the terms of the agreement, Polymaker
(www.polymaker.com) will distribute all Graphene 3D manufactured
specialty and functional filaments and provide filament
manufacturing services on an as required basis. Polymaker's
manufacturing operation is located in Suzhou, China, and the company operates sales and
distribution offices in Shanghai,
China, New York, USA,
Utrecht, Netherlands, and
Tokyo, Japan.
Graphene 3D's on-line filament store, www.blackmagic3d.com, will
carry unique Polymaker filaments, including PolyMaxTM
PLA, PolyFlexTM, and PolyWoodTM. Both
companies plan to start offering each other's products on their
respective on-line stores in July. The agreement also includes
provisions for Graphene 3D and Polymaker to collaborate on the
development of an expanded line of graphene filaments.
Graphene 3D CEO Dr. Daniel
Stolyarov commented, "This partnership with Polymaker is an
important step for Graphene 3D on several fronts; Polymaker's
distribution network will expose our filaments to customers outside
of North America, and our contract
manufacturing agreement provides us with a high quality
manufacturing alternative to supplement our in-house extrusion
facility. Polymaker's existing specialty filament products also
align well with our functional filaments, and we look forward to
including them with our offerings."
"Polymaker's customers tend to push the boundaries of 3D
printing and are always looking for the next innovation to use in
their 3D printing projects. The Graphene 3D functional filaments
are a natural complement for our customers and for our existing
filaments," added Polymaker President, Dr. Xiaofan Luo.
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.
About Polymaker
Polymaker is a company committed to innovation, quality and
sustainability, in the pursuit of producing high-quality materials
for the 3D printing industry. Headquartered in Shanghai, China, Polymaker now has global
offices in the USA, Netherlands and Japan. With their state-of-the-art
manufacturing centre and market leading quality control processes,
Polymaker's filaments are not only ensured to have the best quality
standards but also provide innovative properties. Whether it is
with their increased mechanical strength, unparalleled Jam-Free™
printing or world's first, 3D printable foam based filament,
Polymaker will continue to bring new performance enhanced materials
to the 3D printing community.
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 material sales between
Graphene 3D Lab and Polymaker.
In connection with the forward-looking information contained in
this news release, the Company has made numerous assumptions,
regarding, among other things, purchases to be made by Polymaker
for Graphene 3D materials and collaboration to take place between
Graphene 3D and Polymaker. 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 Polymaker; either party, for any reason, choosing
not to move forward in joint collaboration or sales of
materials.
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.