Graphene 3D Lab Inc. (TSXV: GGG, OTCQB: GPHBF) ("Graphene 3D")
and Ideum, a company which develops large-scale smart-tables and walls,
are pleased to announce the signing of a Memorandum of Understanding
("MoU") which lays the foundation for joint research, product
development, and marketing between the two companies.
Graphene 3D and Ideum will consider and co-develop products by
Graphene 3D which can be used as capacitive sensors to interface with
Ideum's product offerings. Graphene 3D will also begin commercial
on-demand 3D printing of coasters, joysticks, and styluses which Ideum
clients can use to interact with their smart-tables. For example,
styluses of various shapes, 3D printed in Conductive Graphene Filament,
may be used as brushes used in photo editing software, giving a more
hands-on feel to creative work done on an Ideum smart-table.
The agreement also calls for both parties to jointly produce a
whitepaper on any research findings. All jointly-developed products will
be promoted through Ideum sales channels, and Graphene 3D will partner
with Ideum in various marketing activities, including participation in
forums and trade shows.
Graphene 3D CEO Dr. Daniel Stolyarov commented, "Partnering with
Ideum is the perfect opportunity for Graphene 3D to showcase its ability
to address various market needs with rapid prototyping of functional
objects. Using Conductive Graphene Filament, our team can manufacture an
endless number of unique, custom objects which bring additional
functionality to Ideum smart-tables for consumers."
"Our clients are always looking for new ways to interact with
Ideum multitouch tables in a variety of different settings and markets"
added Ideum's CEO, Jim Spadaccini. "Conductive 3D printed objects of
unique shapes can greatly extend the functionality of our touch tables
as we can now assign a different purpose to each tangible object, giving
users a much higher degree of control over their devices."
A video of a stylus being used on an Ideum smart-table can be seen by following this link;
About Graphene 3D
Graphene 3D is in the business of developing, manufacturing, and
marketing proprietary graphene-based nanocomposite materials for various
types of 3D printing, including fused filament fabrication. The Company
is also involved in the design, manufacture, and marketing of 3D
printers and related products for domestic and international customers.
The Graphene 3D facility is located in Calverton, NY and is
equipped with material processing and analytical equipment. The company
has four US patent applications pending for its technology. For more
information on Graphene 3D Lab Inc., visit Graphene3Dlab.com
About Ideum
Ideum (www.ideum.com) is a privately-held creative company based
in Corrales, New Mexico. Ideum designs and produces integrated and
hardened large-scale multitouch hardware and develops interactive
software for museums, educational institutions, government agencies, and
Fortune 500 companies. The company has developed and sells Gestureworks
(www.gestureworks.com), a cutting-edge multitouch and motion tracking
software environment.
FORWARD LOOKING INFORMATIONThis news release contains
"forward-looking information" within the meaning of applicable
securities laws. Forward-looking information in this news release
includes statements about collaboration and material sales between
Graphene 3D Lab and Ideum.
In connection with the forward-looking information contained in
this news release, the Company has made numerous assumptions, regarding,
among other things, purchases to be made by Ideum for Graphene 3D
materials and collaboration to take place between Graphene 3D and Ideum.
While the Company considers these assumptions to be reasonable, these
assumptions are inherently subject to significant uncertainties and
contingencies.
Additionally, there are known and unknown risk factors which
could cause the Company's actual results, performance or achievements to
be materially different from any future results, performance or
achievements expressed or implied by the forward-looking information
contained herein. Known risk factors include, among others:
incompatibility of the technologies owned by Graphene 3D and Ideum;
either party, for any reason, choosing not to move forward in joint
collaboration or sales of materials.
A more complete discussion of the risks and uncertainties facing
the Company is disclosed in the Company's continuous disclosure filings
with Canadian securities regulatory authorities at www.sedar.com. All
forward-looking information herein is qualified in its entirety by this
cautionary statement, and the Company disclaims any obligation to revise
or update any such forward-looking information or to publicly announce
the result of any revisions to any of the forward-looking information
contained herein to reflect future results, events or developments,
except as required by law.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE
REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS
RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS
SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND
SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE
COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION
AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE
LAWS.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
(AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE Graphene 3D Lab Inc.
SOURCE: Graphene 3D Lab Inc.
Commercial Inquiries: Daniel Stolyarov, President & Chief Executive Officer,
Telephone: (631) 405-5116, Email: daniel.stolyarov@graphene3dlab.com; Investor
Inquiries: Investor Relations, Telephone (631) 405-5114, Email:
investors@graphene3dlab.com; Media Inquiries: Kristie Galvani, Rubenstein Public
Relations, Telephone: (212) 843-9205, Email: KGalvani@rubensteinpr.com