American Graphite Technologies Announces Successful Test Production of Graphene Paper
18 Marzo 2013 - 6:00AM
Marketwired
American Graphite Technologies Inc. ("AGIN" or the "Company")
(OTCBB: AGIN) and (BERLIN: A8G) (WKN:A1KBDQ/ISIN:US02640K1079)
announced today the successful production of test samples of a
graphene paper product by its development and manufacturing partner
CTI Nanotechnologies LLC ("CTI Nanotechnologies").
CTI Nanotechnologies reported it had successfully developed test
samples and reproducible test results of a highly flexible membrane
of nano-particles from 50-150um thick that is highly conductive
showing about 2-3ohms resistivity across a 2" area.
The next phase of development is to work to continue
improvements to the size, conductivity and scalability resulting in
a low cost continuous "roll to roll" production operation at
industrial specifications. In parallel with this work, CTI
Nanotechnologies is working to upgrade its Vermont development
facility.
Graphene Paper has the potential to revolutionize the
automotive, aviation, electrical and optical industries. Currently
Graphene Paper is available only in limited sizes, is relatively
expensive and is very time consuming to make.
Rick Walchuk, CEO of American Graphite Technologies, commented:
"This is an important early milestone, we are still engineering the
drying, curing, and reduction process but most importantly we have
thus far shown that our technology is capable of producing small
scale graphene products." Mr. Walchuk added; " This milestone is an
important step towards AGIN's goal of the development of a
proprietary process for the production of high quality, low cost,
large area Graphene Paper at a commercial scale."
Potential applications for Graphene paper
include:
- Computer and television displays
- Electrical shielding
- Reinforcing Material for manufacturing cars, boats, airplanes
and machinery
- Lightning Strike Dissipation
- Heat Dissipation
- Protection against electromagnetic pulses (EMP)
- Armor plating
- Reinforcement of plastics and polymers
- Electrodes for batteries, fuel cells, solar cells and
capacitors
- Thermal heatsinks for electronic and computer equipment
- Artificial limbs
American Graphite Technologies Inc. is focused on developing
North American graphite mining opportunities along with the
commercialization of graphene specific proprietary technology
methods to maximize shareholder value.
For more information visit the website at
www.americangraphitetech.com
About American Graphite Technologies Inc.
American Graphite Technologies Inc. (OTCBB: AGIN) is a mineral
exploration and technology development company that is listed on a
US Stock Exchange where the Company's ticker symbol is AGIN and on
the Berlin Stock Exchange under the following symbol: A8G
(WKN:A1KBDQ/ISIN:US02640K1079). By concentrating on securing
graphite mining opportunities and the commercialization of graphene
specific proprietary technology methods, management is seeking to
bring profitable opportunities and maximize shareholder value.
Graphene has been described as the "miracle material" of the 21st
Century and is believed to be stronger than steel and more
conductive than copper while being flexible, making it plausible as
a replacement over silicon possibly leading to thinner, faster,
cheaper, more flexible devices including power sources. Since
graphene comes from the carbon atom it is abundant and cheap. In
2010 the Nobel Prize in Physics was awarded to Andre Geim and
Konstantin Novoselov for groundbreaking experiments regarding
graphene. Advances in alternative energy technologies are driving
demand for strategic metals like graphite that have recently
evolved from industrial demands to include high tech uses as
nations focus on encouraging the development of new domestic
markets for clean and efficient energy alternatives, smart grid
infrastructure and military capabilities.
Safe Harbor: Pursuant to the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995, and within the
meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Exchange Act of 1934, any statements that express or
involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals and assumptions of
future events or performance are not statements of historical fact
and may be "forward-looking statements." Forward-looking statements
are based on expectations, estimates and projections at the time
the statements are made that involve a number of risks and
uncertainties which could cause actual results or events to differ
materially from those presently anticipated. Forward-looking
statements in this release may be identified through the use of
words such as "expects," "will," "anticipates," "estimates,"
"believes," or statements indicating certain actions such as "may,"
"could," or "might" occur. Such statements reflect the current
views of CTI with respect to future events and are subject to
certain assumptions, including those described in this release.
These forward-looking statements involve a number of risks and
uncertainties, including the timely development and market
acceptance of products, services, and technologies, competitive
market conditions, successful integration of acquisitions, the
ability to secure additional sources of financing, the ability to
reduce operating expenses and other factors. The actual results
that the Company achieves may differ materially from any
forward-looking statements due to such risks and uncertainties.
American Graphite Technologies Inc. does not undertake any
responsibility to update the "forward-looking" statements contained
in this news release.
Contact: American Graphite Technologies Inc. For further
information call (702) 473-8227 Email: Email Contact
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