Business
Cymat annouces first major external cladding project for Alusion
Cymat annouces first major external cladding project for Alusion
About this update from Cymat Technologies Ltd
[{"type":"text","content":"\n\n\n\nSep. 11, 2009 (Canada NewsWire Group) -- TORONTO, Sept. 11 /CNW/ -- Cymat Technologies Ltd (symbol CYM, TSX) is pleased to announce that it has received and shipped its first major order for an exterior wall cladding application. Alusion, Cymat's architectural product, is being used to line the outer walls of the largest church building in Catalonia, Barcelona, Spain. The project is headed by one of the region's leading architects Carlos Ferrater.\"This order provides us with the necessary validation for Alusion as an exterior cladding material\" said Tim Hardman, Cymat's President. \"Architects are beginning to specify our unique material not only for its aesthetic appeal but for its light weight structural properties, sound dampening qualities as well as its recyclability\" he added. He went on to say \"We are optimistic that our material in this project will serve as an excellent precedent for other high profile external applications throughout Europe and North America and as a solid reference point for our worldwide agent network...\"About Cymat:Cymat develops innovative materials for industry. The company has worldwide rights, through patents and licenses, for producing Stabilized Aluminum Foam. The ultra-light metallic foam is manufactured by bubbling gas through molten alloyed aluminum containing a dispersion of fine ceramic particles and can be produced as either Near-net Shapes or Flat Panels. The result is a revolutionary material with a wide array of features including very low density, mechanical energy absorption, thermal and acoustic insulation, is recyclable, time and temperature insensitive and has a relatively low cost of production. Cymat is collaborating with a number of partners spanning the automotive, architectural and blast mitigation industries. For further information, visit the Web site www.cymat.com.The foregoing press release contains forward-looking statements relating to Cymat's business, the development of markets, development programs, future revenues and improvements in technology, and management's objectives, strategies, beliefs and intentions which are subject to important risks and uncertainties. Forward-looking statements are frequently identified by such words as \"may\", \"will\", \"plan\", \"expect\", \"anticipate\", \"intend\" and similar words referring to future events and resul...