News Releases

Cymat Provides Update on Alusion™ Chinese Market and Architectural Division Activity

Toronto, Ontario

Cymat Technologies Ltd. (the “Company” or “Cymat”) is pleased to provide an update of activities within the Company’s architectural division Alusion™.

During the previous year, Alusion™ signed a strategic agreement with a Chinese distributor which has led to its inclusion in several completed projects in China and an ongoing pipeline of new orders. In the 8 months since the agreement was implemented, Alusion™ sales orders from the region have totalled approximately $1.3 million and Cymat anticipates continued buoyant growth of Alusion™ in the Chinese market. Alusion™ is unencumbered by the recent international tariff escalations that have affected many aluminum products.

Alusion™ has also begun advertising and marketing on ArchDaily™, a world-leading architectural internet-based material and design source for builders, architects and designers. ArchDaily™ receives 13.6 million views a month (Source: archdaily.com). Alusion™’s presence on the site has generated over 3.7 million views in the first quarter of this year alone, helping to increase architectural inquiry and quoting activity for the brand.

Finally, driving on the strength of the Alusion™ brand, Cymat is poised to launch a premium version of the product, Alusion™ Plus, this summer. Alusion™ Plus will be manufactured from a new aluminum alloy and will provide enhanced material characteristics and aesthetics. Alusion™ panels are used for exterior cladding facades, interior walls and ceilings, and specialty design applications. With virtually unlimited choices and finishes, builders can create truly unique design statements.

“I am thrilled by the global recognition of our Alusion™ brand and our prospects for growth in the Chinese market,” said Cymat CEO Michael Liik. He added, “I have high expectations for Alusion™ Plus and its anticipated impact on the international architectural market. I believe that this superior product will further broaden the appeal of the Alusion™ brand.”

About Cymat:

Cymat Technologies Ltd. is an innovative materials technology company employing a proprietary process to manufacture our unique Stabilized Aluminum Foam (“SAF”). Cymat SAF is an advanced lightweight recyclable material with a wide array of features including customizable density and dimensions, energy absorption and thermal and acoustic insulation. Cymat is focused on producing SAF for architecture, blast mitigation, automotive, transportation and industrial markets. Cymat’s architectural brand, Alusion™, has become an accepted choice for superior and unique cladding and façade alternatives for the building industry. The Alusion™ brand is recognized globally, having completed projects on almost every continent.

Cymat’s SmartMetal™ division has developed proven products for energy absorption applications including blast mitigation for the military sector and impact reduction for the nuclear energy sector. Cymat is working with numerous manufacturers and solution providers around the world for the integration of SmartMetal™ into kinetic energy management systems. Cymat is based in Mississauga, just outside Toronto, where it operates a 2.400 sq. metre plant. For further information on Cymat, please visit our Web site www.cymat.com.

For further information: please contact:

Investors and Media:

Michael Liik, CEO
Cymat Technologies Ltd
416-704-6217
liik@cymat.com

Investor Cubed Inc.:
Neil Simon, CEO
647-258-3310
nsimon@investor3.ca