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Enter Symbol
or Name
USA
CA



ThermoCeramix Corp
Symbol TCX
Shares Issued 33,767,986
Close 2015-06-30 C$ 0.22
Market Cap C$ 7,428,957
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ThermoCeramix, Zephyr to develop electric grill

2015-07-02 17:04 ET - News Release

Mr. Louis Desmarais reports

THERMOCERAMIX FINALIZES AGREEMENT TO CO-DEVELOP TCX-POWERED ELECTRIC GRILL WITH ZEPHYR VENTILATION

ThermoCeramix Corp. has finalized its co-development agreement with Zephyr Ventilation Inc. to jointly develop an electric grill using the TCX heating technology. Zephyr is a San Francisco-based market leader in kitchen ventilation hood design, innovation and technology.

"Our agreement with Zephyr is an important milestone in our licensing strategy," said Louis Desmarais, chief executive officer of ThermoCeramix. "Zephyr's decision to choose our heating technology in the development of their first electric grill is a confirmation of our revolutionary heating solution. The co-developed grill will combine Zephyr's cutting-edge, innovative design with our proprietary electric platform technology to offer consumers a high-performance, competitively priced electric grill that can be used both indoors and outdoors. We look forward to completing a definitive licensing agreement and the commercialization of our joint electric grill upon successful completion of our co-development activities."

The co-developed electric grill is Zephyr's first product offering outside of its extensive line of kitchen ventilation hoods. ThermoCeramix and Zephyr are actively working on finalizing the design and prototype of the co-developed grill. In parallel to these efforts, they have commenced preproduction phases of the project with a commercial launch anticipated no later than early 2016. ThermoCeramix's platform heating technology applies a proprietary thermal coating directly onto the surface, requiring heat to create a tight bond and maximize heat transfer efficiencies. The technology's extraordinary conductivity will allow the co-developed electric grill to reach up to 700 F in fewer than 10 minutes without a lid, offering superior performance relative to most gas barbecues with their lids open. The co-developed grill will be portable and can be used in condominiums and apartment buildings, with open flame barbecue restrictions, as well as outdoor spaces.

About Zephyr

Since 1997, San Francisco-based Zephyr has continued to bring design, innovation and technology to the forefront of the kitchen ventilation hood industry. The company has challenged the perception of what ventilation means in kitchen design and created a new awareness of the importance of a high-performing ventilation system. With acclaimed talent, such as artistic visionary, Fu-Tung Cheng, and industrial designer, Robert Brunner, Zephyr is able to create cutting-edge residential range hoods unlike any other company. In addition, Zephyr has pioneered ventilation hood technology with the industry's first DCBL suppression system, an exclusive innovation that delivers the most silent, energy-efficient and performance-driven range hoods available today.

As a direct result of its commitment to elevating range hood design and technology, Zephyr is the recipient of several prestigious awards, including Consumer Report Buy Rating, Consumer Digest Best Buy Rating, Spark Product Design, Chicago Athenaeum Good Design, ADEX (Awards for Design Excellence), Appliance Design Excellence In Design and the Architectural Products Product Innovation Award.

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