GGG:CC - G6 Materials Passes Qualification Audit Conducted by Global Microconnector Company
(TheNewswire)
The Company Can Now Provide Materialsand Services to the Client, the Audit of Which was Part of anAgreement Signed the Microconnector Company in December of 2021
Ronkonkoma, New York, USA -TheNewswire – November 23, 2022 - G6 Materials Corp. (“G6” or the“Company”) (TSXV:GGG ) , ( OTC:GPHBF), a high-tech company withexpertise in advanced materials and developing innovative compositesfor a wide range of industrial uses, announces that it has passed aQualification Audit (the “ Audit ”) that was completed by one of theCompany’s most significant business-to-business customers (the“ Client ”), a global microconnector company with headquarters inEurope.
The Audit proceeded based on the following keysteps:
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The Client’s representatives visited the Company’smanufacturing facility and reviewed the manufacturing processes andrequired documentation;
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The results of the Audit were deemed positive andacceptable by the Client; and
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The Company is now eligible to receive continuedpurchase orders from the Client.
Subsequent to passing the Audit, G6 has received apurchase order from the Client and fulfilled it for the fourth quarterof 2022, which is expected to continue on a quarterly basis over theterm of the arrangement.
As previously announced on December 14, 2021, theCompany and the Client entered into a five-year exclusive arrangement(the “ Agreement ”), with the specific terms of the Agreement remainingconfidential. G6 remains committed to providing quality materials andmanufacturing processes to the Client and adhering to all terms of theAgreement.
The Client is a leadingtechnology company providing component-based solutions for securityand identification. With over 100 billionmicroconnectors and 4 billion RFID antennas supplied to date, theClient is the preferred supplier of many of the world’s technologypioneers shaping the markets of telecom, transport, hospitality,leisure and entertainment, financial services, eGovernment, accesscontrol, and healthcare.
Management Commentary
“The Client is pleased with the results of the Auditand, therefore, we now expect to receive purchase orders and otherwisecontinue do business with them on an ongoing basis. We are lookingforward to providing high quality products to the Client andcollaborating with them as per the Agreement,” said Dr. DanielStolyarov, President & Co-CEO of G6 Materials Corp.
G6 Materials Corp. is a high-tech company withexpertise in advanced materials that creates value developinginnovative composites for a wide range of industrial uses. GrapheneLaboratories Inc., a wholly owned subsidiary of G6, sells a range ofgraphene-based products and other materials, including but not limitedto conductive epoxies, high-performance composites, and R&Dmaterials, with numerous customers from among the Fortune 500 list ofcompanies, as well as NASA and leading universities. GrapheneLaboratories Inc. has entered the global airfiltration market with Breathe + , a line ofmedical grade HEPA air filtration products enhanced with advancedperformance graphene material.
G6 has identified new graphene-based applications toaccelerate growth into the future. Accordingly, the Company has avaluable IP portfolio currently comprising five granted patents. TheCompany’s management team and employees have a deep understanding ofgraphene technology based on decades of aggregate academic andcommercial experience. Graphene Laboratories Inc., a wholly ownedsubsidiary of G6 located in Ronkonkoma, New York, has established itspremium research laboratory and scalable production facility isequipped with advanced analytical and material processingequipment.
The Company’s e-commerce websites are listedbelow:
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Breathe : Medical grade HEPA airfiltration enhanced with advanced performance graphene material, formore information, visit breatheplus.tech
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Conductive Epoxies: Adhesive materials distributedunder the G6-Epoxy TM trade name and can be purchasedat g6-epoxy.com
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D Materials: Graphene Laboratories Inc. currentlyoffers over 100 graphene and related products available at graphene-supermarket.com
Contact Details:
Commercial Inquiries:
Telephone: (631) 405-5113
Email: info@g6-materials.com
Investor Inquiries:
Nick Kuzyk, Investor Relations
Telephone: (866) 324-4244
Email: investors@g6-materials.com
ON BEHALF OF THE BOARD: Daniel Stolyarov, President& Co-CEO
For more information on G6 Materials Corp., pleasevisit www.G6-Materials.com or its profile page on SEDAR at www.sedar.com .
This news release containsforward-looking statements within the meaning of the applicablesecurities legislation that is based on expectations, estimates andprojections as at the date of this news release. By their nature,forward-looking statements involve known and unknown risks,uncertainties and other factors which may cause actual results,performance or achievements, or other future events, to be materiallydifferent from any future results, performance or achievementsexpressed or implied by such forward-looking statements.“Forward-looking information” in this news release includes but isnot limited to information about the graphene-enhanced air purifier(including efficacy, potential commercialization and patent pendingthereof); information about the potential for the Company’slong-term growth; the business goals and objectives of the Company,and other forward-looking information concerning the intentions, plansand future actions of the parties to the transactions described hereinand the terms thereon.
The forward-looking information inthis news release reflects the current expectations, assumptionsand/or beliefs of the Company based on information currently availableto the Company. Although the Company believes that the assumptionsinherent in the forward-looking information are reasonable,forward-looking information is not a guarantee of future performanceand accordingly undue reliance should not be put on such informationdue to the inherent uncertainty therein.
Risk factors that could cause actualresults to differ materially include, but are not limited to, the riskthat actual results in commercial applications of thegraphene-enhanced air purifier may differ significantly from the TestResults; the Test Results may not be accepted by applicable regulatoryagencies required to approve commercialization of thegraphene-enhanced air purifier; the Company may not receive requiredapprovals from regulatory agencies to commercialize thegraphene-enhanced air purifier; the Company may not achieve furtherstages of commercialization of the graphene-enhanced air purifier asanticipated, or at all; the Company patent pending (US20210346831A1)may not be granted; the Company may not achieve anticipated commercialgains or profitability from the sale of Breathe+ Pro AdvancedAntimicrobial Graphene Air Filtration System as currently anticipated,or at all; risks associated with adoption by industries ofgraphene-based products health and environmental factors affectingadoption of these technologies; the company may fail to obtainappropriate government approvals or accreditation related to thebusiness’ operations and technological processes; the marketconditions and demand for its product as well as the market prices ofsuch products being developed by the company may change over time;reliance on key personnel; the potential for conflicts of interestamong certain officers, directors or promoters with certain otherprojects; competition; dilution; and the volatility of our commonshare price and volume.
The Company undertakes no obligationto revise or update any forward-looking information other than asrequired by law.
Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
SOURCE: G6Materials Corp.
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