01:02:18 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Graphene Laboratories and Great Lakes Graphite Execute Distribution Agreement

2017-11-20 09:26 ET - News Release

(via TheNewswire)


Click Image To View Full Size

November 20, - 2017 / TheNewswire / Calverton, NY - Graphene 3D Lab Inc. (TSXV: GGG, OTCQB: GPHBF) ("Graphene 3D" or the "Company") is pleased to announce that Graphene Laboratories, a wholly owned subsidiary of the Company, executed a Distribution Agreement with Great Lakes Graphite Inc. ("GLK")(TSX-V:GLK, OTC PINK:GLKIF, FWB:8GL), a provider of high quality micronized graphite products. Graphene Laboratories will offer these products through its online web store Graphene Supermarket ( www.graphene-supermarket.com ), thereby addressing its customer database that includes more than 15,000 customers.

Micronized graphite products are used by customers in a wide variety of industries for a wide variety of applications that include composite materials, electronics, batteries, lubricants, coatings and friction products. Great Lakes Graphite sources Brazilian graphite and further processes and purifies it in the USA. Working with partners to micronize and purify graphite enables Great Lakes to create standard and customized products, to customer specifications. As a result, GLK can offer a material with outstanding quality that is consistent from batch to batch. For more information: refer to the product page https://graphene-supermarket.com/Micronized-Graphite/

Graphene Laboratories' CEO Elena Polyakova said, "Our Graphene Supermarket is a well-established brand that has been built over time with a reputation for quality and innovation. We have sold products to over 15,000 customers including virtually all of the Fortune 500 companies in the technology arena. Adding high quality micronized graphite products to our offerings and partnering with Great Lakes Graphite provides multiple long-term benefits and a reliable partner who can supply high-quality USA-made graphite materials."

GLK Chief Marketing Officer Paul Ferguson said, "The Great Lakes Graphite team is working hard to establish itself as a premium global supplier of quality carbon materials. A recently announced purchase order with a large corporation for an initial quantity of 50,000 pounds is an important step in this direction. We continue to look for new markets and customers for advanced carbon materials. We are confident that offering our cutting-edge materials to thousands of customers through Graphene Supermarket will help us greatly expand our reach and provide us with a path for aggressive revenue growth".

About Graphene 3D Lab, Inc.

Graphene 3D Lab, Inc. is a world leader in the development, manufacturing, and marketing of proprietary composites and coatings based on graphene and other advanced materials. These diverse materials have a wide spectrum of commercial, research, and military applications. The Company's wholly-owned subsidiary, Graphene Laboratories Inc., currently offers over 100 graphene and related products to a client list comprised of more than 15,000 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. The Company's suite of p roducts is available online at the company's e-commerce platform Graphene Supermarket ( www.graphene-supermarket.com ).

The 3D printing division of the Company offers a portfolio of 3D printable filaments. These materials can be purchased through multiple distribution networks worldwide or directly from the web-store www.blackmagic3D.com .

Adhesive materials produced by the company are distributed under G6-Epoxy TM trade name and can be purchased at https://g6-epoxy.com/ .

The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has eight US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com .

About Great Lakes Graphite, Inc.

Great Lakes Graphite is a Clean Technology Minerals Processing Company supplying customers with innovative, high quality value-added carbon products. There is no significant graphite production in North America now. As pricing and demand continue to rise, Great Lakes Graphite is one of the first new domestic suppliers to a growing regional customer base. We continually work to deliver products of the best quality with outstanding customer service.

The Company is party to an agreement for long-term supply of high quality natural graphite concentrate from Brazil. Great Lakes Graphite is presently working with an established US-based processor for toll micronization services. The Company has partnered with Ashland Advanced Materials for commercial-scale purification operations at Ashland's 110,000 square foot purification facility located in Niagara, New York.

Through our partner relationships, Great Lakes Graphite began selling micronized synthetic graphite beginning in 2016 and now supplies micronized and high purity micronized natural flake graphite products to a growing customer base.

Further information regarding Great Lakes can be found on the Company's website at: www.GreatLakesGraphite.com .

Great Lakes Graphite trades with symbol GLK on the TSX Venture Exchange and currently has 125,656,830 shares outstanding.

ON BEHALF OF THE BOARD: Daniel Stolyarov, President & Co-CEO

Commercial Inquiries:

Daniel Stolyarov

Co-Chief Executive Officer

Telephone: (631) 405-5113

Email: daniel.stolyarov@graphene3Dlab.com

Investor Inquiries:

Investor Relations Coordinator

Telephone (631) 405-5114

Email: investors@graphene3Dlab.com

FORWARD LOOKING INFORMATION

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2017 TheNewswire - All rights reserved.

© 2024 Canjex Publishing Ltd. All rights reserved.