NEW YORK, March 15, 2019 (GLOBE NEWSWIRE) -- Nano Graphene Inc., dba GrapheneCA (“GrapheneCA”) announced today that it has established in-house production of reduced graphene oxide (rGO), using its own technology.
“The important addition of rGO truly caters to the needs expressed by GrapheneCA’s customers in the course of the last year and provides a pathway to a wide array of potential high-tech applications, bringing the future that much closer to the present”, declared GrapheneCA’s New York-based Head of Business Development, David Robles, who added: “Along with several other recent company innovations, the introduction of this new line offers an innovative path to an entirely new breed of high-tech carbon materials as well as to high-performance alternatives to conventional products currently on the market.”
Concretely, this allows GrapheneCA to direct its efforts towards a whole new dimension of highly functional smart products—such as inks, sensors, gels, etc., etc.—in a myriad of industries. Graphene oxide is selectively modifiable in its path to a more final product having functional bonding sites. This differentiates rGO from pristine graphene. Graphene, unlike rGO, is highly inert and not compatible with most other elements. The result is an advanced graphene composite package which enables engineers to load materials with exotic materials like never before.
For his part, Dr. Sergey Voskresensky, the company’s Head of Research & Development, explained that “one of our key goals at GrapheneCA is to have a reliable supply of high-quality graphene product for our client companies to capitalize fully on the material’s truly unique physical, chemical and electrical features, in order to keep their edge in the race to meet the ever-increasing demand for the smart products of the future; we now have the R&D facility, the personnel, the production technology and product line to demonstrate how real the promise of graphene is today,” he concluded.
It is noteworthy that GrapheneCA implemented the company’s second New York-based production line at the beginning of the year—clearly demonstrating scalability in the process.
ABOUT REDUCED GRAPHENE OXIDE
Reduced Graphene Oxide is best characterized as a synthetic alternative to graphene. As its name suggests, it is a product that is made from graphene oxide. The difference between graphene and reduced graphene oxide is the level of surface defects, remaining oxygen functionalities, pathways to optimize the product through a variety of reduction methods. Most of the graphene applications seen today in the news are developed with rGO, due to its wide availability and lack of standard naming. However, high-grade rGO is hard to produce and purify, oftentimes resulting in high costs for final products. Through its proprietary production process, GrapheneCA has succeeded in producing high-quality rGO.
ABOUT GRAPHENECA
Headquartered in New York, GrapheneCA. a privately owned, commercial scale graphene and graphene-based materials producer and supply company, began proprietary production of graphene in July 2017 and dedicates itself to tackling the challenge of integrating graphene into real-world applications through the use of its own highly effective, scalable and environmentally friendly production process. Its manufacturing process is fully scaled up, low-cost and meets industrial demand. GrapheneCA’s proven technology is being patented in both the USA and China.
Forward-Looking Statements
Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to GrapheneCA, including: information relating to the business plans of GrapheneCA and the future uses of graphene; and the potential applications and uses of GrapheneCA’s new developed in-house line of rGO; are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect GrapheneCA’s current views and intentions with respect to future events, and current information available to GrapheneCA, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward-looking information, including, without limitation: GrapheneCA successfully mass-producing graphene and graphene becoming adopted by the markets; and indications by customers of demand resulting in orders. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. These factors include, without limitation: the general business and economic conditions in the regions in which the Company operates; state of the capital markets; the ability of the Company to execute on key priorities, including the successful completion of acquisitions, business retention, and strategic plans and to attract, develop and retain key executives; the ability to implement business strategies and pursue business opportunities; disruptions in or attacks (including cyber-attacks) on the Company's information technology, internet, network access or other voice or data communications systems or services; the evolution of various types of fraud or other criminal behavior to which the Company is exposed; the failure of third parties to comply with their obligations to the Company or its affiliates; the impact of new and changes to, or application of, current laws and regulations; a novel business model; granting of permits and licenses in a highly regulated business; the overall difficult litigation environment, including in the United States; the outcome and cost of any litigation; increased competition; dependence on key suppliers and local partners; failure in supply chain of carbon products and quality of the material; ability to maintain and protect its intellectual property; changes in foreign currency rates; increased funding costs and market volatility due to market illiquidity and competition for funding; the availability of funds and resources to pursue operations; critical accounting estimates and changes to accounting standards, policies, and methods used by the Company; the occurrence of natural and unnatural catastrophic events and claims resulting from such events; the risk associated with a business in the graphene industry; as well as general economic, market and business conditions. Should any factor affect GrapheneCA in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, GrapheneCA does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and GrapheneCA undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. GrapheneCA’s results and forward-looking information and calculations may be affected by fluctuations in exchange rates.
For further information, please contact:
| Canada Martin Tremblay Investment Counselor +1-514 566-6606 mtremblay@graphene.ca | International Peter Nesveda International Corporate Affairs +61 (0) 412 357 375 pnesveda@graphene.ca | USA David Robles Head of Business Development +1-646-696-0679 drobles@graphene.ca |