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Listing: TSX Symbol: CYM
TORONTO, Jan. 19 /CNW/ - Cymat Technologies Ltd (symbol CYM, TSX) is excited to announce that its products and process were presented in the recent episode of the Discovery Channel's "HowStuffWorks" show, a documentary television series which premiered on the station in November 2008.
The episode titled "Aluminum and Explosions" explains how aluminum, amongst its many uses, can also offer protection on the battlefield. Cymat's SmartMetal(TM) is featured as a highly effective material to protect soldiers, military vehicles and buildings from explosions. The program can be viewed on the website: http://videos.howstuffworks.com. Users should navigate to the videos section and search for "Aluminum and Explosions".
"We are pleased that Cymat's SmartMetal(TM) was chosen by the Discovery Channel to be featured in "Aluminum and Explosions"" said Tim Hardman, Cymat's President. He went on to say that "Quality programs such as this help to increase the awareness and profile of SmartMetal(TM) as a high-performance blast mitigating material". "With our blast and ballistics testing nearing completion in the US, results to date confirm that SmartMetal(TM) and its unique properties will play a major role in safeguarding building structures and most importantly troops in the line of fire." he added.
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 the development of markets, development programs, future revenues and improvements in technology, which are subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include the availability of funding, existing and future relationships with suppliers and manufacturers, the results of research and development activities, risks of technological breakthroughs that make Cymat stabilized aluminum foam less attractive, risks relating to the breadth, scope and enforceability of intellectual property rights, general industry and market conditions, availability of qualified personnel, and reliance on co-development partners. For additional information with respect to these and other factors, see the reports filed by Cymat Technologies Ltd. with the Ontario Securities Commission. Cymat Technologies Ltd. disclaims any intention or obligation to update or revise any forward-looking statements.
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