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News Release - Cymat Technologies Ltd.

TORONTO, Nov. 17 /CNW/ - Cymat Technologies Ltd. announced today that in cooperation with its aut...

articleCymat Technologies LtdNovember 17, 20083/company/cymat-technologies-ltd/news/news-release-cymat-technologies-ltd
News Release - Cymat Technologies Ltd.

About this update from Cymat Technologies Ltd

[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 17 /CNW/ - Cymat Technologies Ltd. announced today that in\ncooperation with its automotive manufacturing partner, Georg Fischer\nAutomotive, it has received an order for prototype parts from a leading German\nautomobile manufacturer using Cymat's proprietary stabilized aluminum foam\n(SAF) technology.\n\n\nThe automobile manufacturer will be testing the use of SAF as a dampening\nmedium within a certain chassis component to improve noise, vibration and\nharshness (NVH) performance.\n\n\n"This order illustrates the continued high level of interest exhibited by\nthe automotive community toward SAF technology, said Tim Hardman, Cymat's\nPresident and COO. He went on to say that "This is heightened by the current\nworld-wide interest in "light-weight" solutions to technical challenges in\nefforts to improve fuel economy and emissions"\n\n\nLeo Kniewallner, Director of Research and Development of Georg Fischer\nAutomotive said, "We have seen ever increasing levels of interest in SAF from\nthe automotive industry in recent months and we believe that this project will\nbe the first of several to be secured over the next few months."\n\n\nAbout Georg Fischer:\n\n\nGF Automotive, the automotive division of Georg Fischer AG, is an\ninternationally oriented corporate group with thirteen production plants in\nfour countries (Germany, Austria, China and Canada). Its activities focus on\nthe development and production of highly stress-resistant die-castings for the\nautomotive industry and its suppliers. GF Automotive is a technological\npioneer and market leader within its segment in Europe for all casting\nprocesses (sand casting, gravity die casting, pressure die casting) and\nmaterials (iron, aluminum, magnesium) relating to series production. GF\nAutomotive is one of the hundred largest automotive suppliers internationally.\nThe corporate group has 5,882 employees worldwide and achieved a turnover of\n2.22 billion Swiss francs (around 1.35 billion Euros) in 2007.\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\nparticle...

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