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Message: Cymat announces prototype military order from major US military vehicle OEM

Cymat announces prototype military order from major US military vehicle OEM

posted on Aug 17, 2009 01:31PM

Cymat announces prototype military order from major US military vehicle OEM

    Listing: TSX
Symbol: CYM

TORONTO, Aug. 17 /CNW/ - Cymat Technologies Ltd. is pleased to announce
receipt of a purchase order from a major US armored vehicle manufacturer for
13 SmartMetal(TM) assemblies to be delivered in August 2009. These prototypes
will be incorporated in and tested as part of a complete armoring system for
the proposed vehicle.
The company, one of the attendees at Cymat's recent Industry Week in
Nevada, will test these parts for a next generation military vehicle. Cymat's
Industry Week demonstrated SmartMetal's(TM) ability to reduce blast energy
transfer by at least a 7 to 1 ratio.
"It is anticipated that this testing program could lead to a full
commercial vehicle contract thereby further validating SmartMetal(TM) as a key
component in future survivability solutions within military vehicles," said
Tim Hardman, President of Cymat. He added "Cymat continues to collaborate with
major military OEM's and integrators by engineering SmartMetal(TM) into their
survivability solutions."

About Cymat:

Cymat develops innovative materials for industry. The company has
worldwide rights, through patents and licenses, for producing Stabilized
Aluminum Foam. The ultra-light metallic foam is manufactured by bubbling gas
through molten alloyed aluminum containing a dispersion of fine ceramic
particles and can be produced as either Near-net Shapes or Flat Panels. The
result is a revolutionary material with a wide array of features including
very low density, mechanical energy absorption, thermal and acoustic
insulation, is recyclable, time and temperature insensitive and has a
relatively low cost of production. Cymat is collaborating with a number of
partners spanning the automotive, architectural and blast mitigation
industries. For further information, visit the Web site www.cymat.com.

The foregoing press release contains forward-looking statements relating
to the development of markets, development programs, future revenues and
improvements in technology, which are subject to important risks and
uncertainties. The results or events predicted in these statements may differ
materially from actual results or events. Factors which could cause results or
events to differ from current expectations include the availability of
funding, existing and future relationships with suppliers and manufacturers,
the results of research and development activities, risks of technological
breakthroughs that make Cymat stabilized aluminum foam less attractive, risks
relating to the breadth, scope and enforceability of intellectual property
rights, general industry and market conditions, availability of qualified
personnel, and reliance on co- development partners.
For additional information with respect to these and other factors, see
the reports filed by Cymat Technologies Ltd. with the Ontario Securities
Commission. Cymat Technologies Ltd. disclaims any intention or obligation to
update or revise any forward-looking statements.
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