Mr. Daniel Stolyarov reports
GRAPHENE 3D LAB AND TAULMAN 3D ANNOUNCE COLLOBERATION IN PRODUCT DEVELOPMENT
Graphene 3D Lab Inc. and Taulman 3D LLC have signed a memorandum of understanding which lays the foundation for the joint research and development of 3-D printing materials.
As outlined in the MOU, Graphene 3D and Taulman will enter into co-development of a graphene-enhanced nylon material for 3-D printing. The agreement also grants Graphene 3D exclusive distribution rights for Taulman's Nylon 680, a novel high-strength 3-D printing material, for a period of two years in the United States, Canada and Mexico. Sales of Nylon 680 are expected to begin in the first quarter of 2015.
Graphene 3D's chief executive officer, Daniel Stolyarov, commented: "Taulman is a leading supplier of nylon materials, with a high level of experience in both distribution and development of proprietary filaments. I see a high potential for synergy between our two companies and look forward to continuing this collaboration in both business and research."
Thomas Martzall, chief executive officer at Taulman 3D, added: "There is a growing need for high-strength 3-D printer materials with functional properties. By partnering with Graphene 3D, a company with a sound foundation in materials R&D and commercialization, we open the path to bring such materials to market."
Graphene 3D is pleased to announce that it has formalized an agreement for Numus Financial to assist the company with its investor relations program. Numus will provide oversight of the investor relations program and will co-manage investor relations expenses without any management fee markup. Paul Thomson of Numus Financial is providing investor relations activities for the company on a cost recovery basis. Mr. Thomson has been granted 50,000 stock options priced in accordance with the company's stock option plan and the policies of the TSX Venture Exchange.
Numus Financial has no direct or indirect beneficial ownership or control or direction over any securities of the company, and further Numus Financial has no right to acquire securities of the company as compensation for services outlined above.
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