G6 Materials Passes Qualification Audit Conducted by Global Microconnector Company
The Company Can Now Provide Materials and Services to the Client, the Audit of Which was Part of an Agreement 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 with expertise in advanced materials and developing innovative composites for a wide range of industrial uses, announces that it has passed a Qualification Audit (the “Audit”) that was completed by one of the Company’s most significant business-to-business customers (the “Client”), a global microconnector company with headquarters in Europe.
The Audit proceeded based on the following key steps:
The Client’s representatives visited the Company’s manufacturing facility and reviewed the manufacturing processes and required documentation;
The results of the Audit were deemed positive and acceptable by the Client; and
The Company is now eligible to receive continued purchase orders from the Client.
Subsequent to passing the Audit, G6 has received a purchase order from the Client and fulfilled it for the fourth quarter of 2022, which is expected to continue on a quarterly basis over the term of the arrangement.
As previously announced on December 14, 2021, the Company and the Client entered into a five-year exclusive arrangement (the “Agreement”), with the specific terms of the Agreement remaining confidential. G6 remains committed to providing quality materials and manufacturing processes to the Client and adhering to all terms of the Agreement.
The Client is a leading technology company providing component-based solutions for security and identification. With over 100 billion microconnectors and 4 billion RFID antennas supplied to date, the Client is the preferred supplier of many of the world’s technology pioneers shaping the markets of telecom, transport, hospitality, leisure and entertainment, financial services, eGovernment, access control, and healthcare.
“The Client is pleased with the results of the Audit and, therefore, we now expect to receive purchase orders and otherwise continue do business with them on an ongoing basis. We are looking forward to providing high quality products to the Client and collaborating with them as per the Agreement,” said Dr. Daniel Stolyarov, President & Co-CEO of G6 Materials Corp.
G6 Materials Corp. is a high-tech company with expertise in advanced materials that creates value developing innovative composites for a wide range of industrial uses. Graphene Laboratories Inc., a wholly owned subsidiary of G6, sells a range of graphene-based products and other materials, including but not limited to conductive epoxies, high-performance composites, and R&D materials, with numerous customers from among the Fortune 500 list of companies, as well as NASA and leading universities. Graphene Laboratories Inc. has entered the global air filtration market with Breathe+, a line of medical grade HEPA air filtration products enhanced with advanced performance graphene material.
G6 has identified new graphene-based applications to accelerate growth into the future. Accordingly, the Company has a valuable IP portfolio currently comprising five granted patents. The Company’s management team and employees have a deep understanding of graphene technology based on decades of aggregate academic and commercial experience. Graphene Laboratories Inc., a wholly owned subsidiary of G6 located in Ronkonkoma, New York, has established its premium research laboratory and scalable production facility is equipped with advanced analytical and material processing equipment.
The Company’s e-commerce websites are listed below:
Breathe: Medical grade HEPA air filtration enhanced with advanced performance graphene material, for more information, visitbreatheplus.tech
Conductive Epoxies: Adhesive materials distributed under the G6-EpoxyTM trade name and can be purchased at g6-epoxy.com
D Materials: Graphene Laboratories Inc. currently offers over 100 graphene and related products available atgraphene-supermarket.com
Telephone: (631) 405-5113
Nick Kuzyk, Investor Relations
Telephone: (866) 324-4244
ON BEHALF OF THE BOARD: Daniel Stolyarov, President & Co-CEO
This news release contains forward-looking statements within the meaning of the applicable securities legislation that is based on expectations, estimates and projections 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 materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. “Forward-looking information” in this news release includes but is not limited to information about the graphene-enhanced air purifier (including efficacy, potential commercialization and patent pending thereof); information about the potential for the Company’s long-term growth; the business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
Risk factors that could cause actual results to differ materially include, but are not limited to, the risk that actual results in commercial applications of the graphene-enhanced air purifier may differ significantly from the Test Results; the Test Results may not be accepted by applicable regulatory agencies required to approve commercialization of the graphene-enhanced air purifier; the Company may not receive required approvals from regulatory agencies to commercialize the graphene-enhanced air purifier; the Company may not achieve further stages of commercialization of the graphene-enhanced air purifier as anticipated, or at all; the Company patent pending (US20210346831A1) may not be granted; the Company may not achieve anticipated commercial gains or profitability from the sale of Breathe+ Pro Advanced Antimicrobial Graphene Air Filtration System as currently anticipated, or at all; risks associated with adoption by industries of graphene-based products health and environmental factors affecting adoption of these technologies; the company may fail to obtain appropriate government approvals or accreditation related to the business’ operations and technological processes; the market conditions and demand for its product as well as the market prices of such products being developed by the company may change over time; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; competition; dilution; and the volatility of our common share price and volume.
The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: G6 Materials Corp.