Cymat announces prototype military order from major US military vehicle OEM

About this update from Cymat Technologies Ltd

[{"type":"text","content":"\n\n\n\nListing: TSX\nSymbol: CYM\n\n\nTORONTO, Aug. 17 /CNW/ - Cymat Technologies Ltd. is pleased to announce\nreceipt of a purchase order from a major US armored vehicle manufacturer for\n13 SmartMetal(TM) assemblies to be delivered in August 2009. These prototypes\nwill be incorporated in and tested as part of a complete armoring system for\nthe proposed vehicle.\n\n\nThe company, one of the attendees at Cymat's recent Industry Week in\nNevada, will test these parts for a next generation military vehicle. Cymat's\nIndustry Week demonstrated SmartMetal's(TM) ability to reduce blast energy\ntransfer by at least a 7 to 1 ratio.\n\n\n"It is anticipated that this testing program could lead to a full\ncommercial vehicle contract thereby further validating SmartMetal(TM) as a key\ncomponent in future survivability solutions within military vehicles," said\nTim Hardman, President of Cymat. He added "Cymat continues to collaborate with\nmajor military OEM's and integrators by engineering SmartMetal(TM) into their\nsurvivability solutions."\n\n\nAbout Cymat:\n\n\nCymat develops innovative materials for industry. The company has\nworldwide rights, through patents and licenses, for producing Stabilized\nAluminum Foam. The ultra-light metallic foam is manufactured by bubbling gas\nthrough molten alloyed aluminum containing a dispersion of fine ceramic\nparticles and can be produced as either Near-net Shapes or Flat Panels. The\nresult is a revolutionary material with a wide array of features including\nvery low density, mechanical energy absorption, thermal and acoustic\ninsulation, is recyclable, time and temperature insensitive and has a\nrelatively low cost of production. Cymat is collaborating with a number of\npartners spanning the automotive, architectural and blast mitigation\nindustries. For further information, visit the Web site www.cymat.com.\n\n\nThe foregoing press release contains forward-looking statements relating\nto the development of markets, development programs, future revenues and\nimprovements in technology, which are subject to important risks and\nuncertainties. The results or events predicted in these statements may differ\nmaterially from actual results or events. Factors which could cause results or\nevents to differ from current expectations include the availability of\nfunding, existing an...

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