Wednesday, March 7, 2007 12: 06 PM
Raymor Industries Inc. (TSX VENTURE: RAR), a number one developer and producer of single-walled carbon nanotubes, nanomaterials and evolved affords, pronounces that the firm has originate up novel markets for its single-walled carbon nanotubes (C-SWNT) and its spherical titanium powders in Asia, essentially via the firm’s participation in different key nanotechnology events in Japan recently, at the side of “nano tech 2007”, the enviornment’s biggest global nanotechnology exhibition and convention. On yarn of the firm’s efforts, Raymor has begun negotiating with distributors and conclude-customers in Japan, South Korea, Taiwan and China for the firm’s C-SWNT and powders. Unique capabilities and markets for C-SWNT were identified and would possibly maybe be focused. Negotiations occupy also begun for the acquisition of licenses connected to those capabilities.
Representative from Raymor, at the side of Mr. Stephane Robert, President and CEO of Raymor Industries, were in Japan from February 19th to March 2nd, 2007 to glimpse out and set up novel business relationships with companies in the subject. This was as soon as achieved with the firm’s participation at several nanotechnology events:
– Raymor was as soon as an exhibitor on the sixth annual “nano tech 2007”, the enviornment’s biggest global nanotechnology exhibition and convention, which was as soon as held at Tokyo Big Look for. In 2006, over 45,000 folk attended the event, and over 385 exhibitors were on hand, and these numbers were most likely surpassed for the 2007 event.
– Mr. Robert presented the firm and its products to the Jap business community as half of BIZMATCH, an event organized by the Japan External Substitute Organization (JETRO). Raymor was as soon as chosen from among many different global companies who applied to cover at this event. JETRO is a authorities-connected organization that works to promote mutual alternate and investment between Japan and the leisure of the enviornment. JETRO organized several meetings for Raymor with skill purchasers throughout the firm’s talk over with to Japan.
– Mr. Robert also presented the firm and its products on the Canada-Japan Symposium on Nanotechnology & Technology Partnering Seminar, held on the Canadian Embassy in Tokyo. This event was as soon as held to present a forum for Canadian companies to fulfill with their Jap counterparts and set up novel business relationships.
These events, coupled with the increase of diplomats from both the Canadian and Quebec authorities, helped facilitate many introductions and meetings that would possibly maybe result in longer time duration relationships in both Raymor’s C-SWNT and powders businesses.
Commenting on the news, Mr. Robert had the next to reveal:
“Our single-walled carbon nanotubes and our spherical titanium powders are two product traces with a global extensive demand. The development and acceptance of nanotechnology and evolved affords, as was as soon as clearly evident at “nano tech 2007″, made Japan a natural different to open our gross sales and advertising and marketing and marketing efforts in Asia. With the quality of the companies that we were launched to which covers also South Korea, Taiwan, and parts of China, Raymor has identified both novel capabilities for our products, and novel partners to grow our nanotubes and powders businesses. Following organized visits of both be taught services and products and industrial vegetation, I will pause that Raymor is gentle very famous sooner than the competition with appreciate to our single-walled carbon nanotubes manufacturing technology.”
About Raymor Industries
RAYMOR INDUSTRIES INC. (TSX VENTURE: RAR) has as its mission to develop into a number one developer of high technology for the manufacturing of single-walled carbon nanotubes, nanomaterials and completely different evolved affords for prime price-added capabilities. Raymor Industries operates three wholly-owned, industrial subsidiaries, Raymor Nanotech, Raymor Aerospace and AP&C Superior Powders and Coatings, that specialise in nanotechnology and evolved affords, and comprising four divisions: (1) nanotechnology products, at the side of nano-powders, nano-coatings, and single-walled carbon nanotubes (C-SWNT) for “the capabilities of the next day”; (2) thermal spray coatings, which largely targets militia, aeronautical, aerospace, in actuality knowledgeable industrial, and mining capabilities; (3) spherical steel powders, essentially primitive for biomedical and aerospace capabilities; and (4) procure-form forming, a element manufacturing formulation primitive for ballistic safety and completely different aerospace and navy capabilities. Raymor holds the authentic rights to extra than 20 patents for the duration of the enviornment, with completely different patents pending.
ON BEHALF OF THE BOARD OF DIRECTORS
Stephane Robert, President.
FOR MORE INFORMATION ON THE LIST OF NANOTECH 100 COMPILED BY IANANO, PLEASE VISIT: http://www.raymor.com/en/inthenews.htm
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SOURCE: Raymor Industries Inc.