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Bourque Industries is pleased to announce the introduction of Kryron® Nano-Graphene™ highbred aluminum wire; a patent pending invention by John M. Bourque, Inventor, Founder and Chief Innovation Officer for Bourque Industries. On April 12, 2016, the Company extruded 8 mm Nano-Graphene™ aluminum rods, working together with Bourque manufacturing partners in Casa Grande, Arizona. Each billet produced greater than 40 foot rod lengths, which were then coiled and sent out to our partner foreign and domestic testing facilities. These facilities will produce various wire grades for evaluation in the production areas of electrical power lines, solar, electric motors, windings, LED and along with, but not limited to electrical and electronic applications.
Bourque expects that testing will confirm that the NanoGraph™ metal produced, which we believe to be the first of its kind, has thermal and electrical resistance properties superior to currently existing wire products produced today. Bourque Industries’ internal beta testing showed an increase in mechanical strength, thermal conductivity and work hardening. Bourque Industries is expecting to mass produce NanoGraph™ Metal in the United States for use both nationally and in global markets.
Some of the statements contained in this News Release, including information incorporated by reference, discuss future expectations, contain projections of results of operation or financial condition, or state other "forward-looking" information. This information should be examined carefully and critically.
This news release contains forward-looking statements that involve risks and uncertainty. Words such as "believes", "anticipates", "expects", "intends", "plans" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Legislation Reform Act of 1995 and may include estimates, assumptions and provisions regarding economic, competitive and other conditions. You are cautioned that actual events or results may differ materially from those discussed in the forward-looking, by such forward-looking statements may include the matters set forth below and elsewhere in this news release.
All statements of forward-looking information are subject to known and unknown risks, uncertainties and other factors, certain of which are beyond our control, which could cause the actual results to differ materially from those contemplated by the statements. For example, testing could show that expected benefits and advantages of NanoGraph™ Metal are not as anticipated, or that we cannot produce the product at a reasonable cost, or at all. The forward-looking information is based on various factors and was derived using numerous assumptions. In light of the risks, assumptions, and uncertainties involved, there can be no assurance that the forward-looking information contained in this release will in fact transpire or prove to be accurate.
