Graphene 3D Lab Inc. (TSXV: GGG) (“Graphene 3D” or the “Company”) is pleased to announce the release of a new commercial product ‘Graphene Flex Foam’, a Multilayer Freestanding Flexible Graphene Foam. This material is a combination of highly conductive three-dimensional Chemical Vapor Disposition (“CVD”) ultra-light graphene foam and conductive elastomer composite.
“We have the ability to manufacture Graphene Flex Foam in basically any shape or size, but it is the flexibility of the product which we believe will capture the attention of innovative manufacturers who will want to evaluate the potential of commercializing this material into their products.” stated Elena Polyakova, Co-CEO of Graphene 3D. “Any company interested in a freestanding, stable, ultralight, highly conductive material that can flex with their product and fit into any space, will be interested in this innovation.”
This revolutionary product preserves all the remarkable properties of graphene foam such as superior electrical, with an added remarkable flexibility and ease of handling in an extremely lightweight and highly porous architecture.
“Graphene Flex Foam is an excellent substrate candidate in the manufacture of electrodes of lithium-ion batteries.” said Daniel Stolyarov, Co-CEO of Graphene 3D. “Wearable electronics is an obvious application as the electronics, sensors and conductive properties will all need to be flexible with the wearable material. “We also believe that this innovative product has a bright future for the next generation of flexible batteries and supercapacitors. Graphene Flex Foam offers energy storage as well as catalyst support in numerous organic synthesis reactions, gas sensors, flexible and ultrasonic acoustic device fabrication.”
The product will be available through Graphene Supermarket(r), an e-commerce site operated by Graphene Laboratories. Graphene 3D is currently acquiring Graphene Laboratories as a wholly-owned subsidiary (see new release dated August 24, 2015).
About Graphene 3D
Graphene 3D is BC company whose common shares are listed on the TSX Venture Exchange, which now owns all of the issued and outstanding shares of Graphene US, a private Delaware corporation, organized on September 3, 2013. Graphene US is in the business of developing, manufacturing, and marketing proprietary polymer nanocomposite graphene-based materials for various types of 3D printing, including fused filament fabrication as well as the design, manufacture and marketing of three-dimensional printers and products for worldwide customers, including in the aerospace and automotive industries, manufacturers of medical prosthetics and the military. Graphene US currently has five US patent applications pending for its technology. For more information on Graphene 3D Lab, Inc, visit www.graphene3dlab.com
About Graphene Laboratories
Graphene Laboratories Inc. (“GLI”) is incorporated under the laws of the Commonwealth of Massachusetts, and is controlled and managed by Daniel Stolyarov and Elena Polyakova, insiders of Graphene 3D. GLI., a leader in manufacturing and retailing of graphene and advanced materials owns the Graphene Supermarket(r), www.graphene-supermarket.com, a leading supplier of such products to customers around the globe. Graphene Laboratories client list is comprised of more than 8,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. . For the last fiscal year ending December, 2014, GLI recorded annual revenues of in excess of USD $1,000,000 and was cash flow positive. Moreover, GLI has no material debt, and only trade creditors.
According to prior announcement dated August 12, 2015, the Graphene 3D has entered in non-arm length share exchange agreement (the “SEA”) to acquire all issued and outstanding shares of Graphene Laboratories The terms of the Share Exchange are subject to confirmation by a fairness opinion prepared by an independent business valuator, an audit of GLI’s financial statements, the approval of the independent directors of the Company, and the acceptance for filing by the TSX Venture Exchange. Prior completion of the transaction, the financial record of GLI does not appear in published filing statements of Graphene 3D.
For More Information
For more information, please contact:
Co-Chief Executive Officer
Telephone: (631) 405-5116
Investor Relations Coordinator
Telephone (631) 405-5114