|March 03, 2016|
Graphene 3D Announces New Chairman of the Board
|TSX-V: GGG, OTCQB: GPHBF|
March 2, 2016 -- Vancouver, British Columbia and New York, NY -- Graphene 3D Lab Inc. (TSXV: GGG, OTCQB: GPHBF) ("Graphene 3D" or the "Company") is pleased to announce that it has appointed Mr. John (Gary) Dyal as Chairman of Board of Directors effective immediately.
Mr. Dyal is a recognized leader in the commercialization of nanotechnology and graphene related products. He brings over 35 years of manufacturing and technology experience to the Company. Mr. Dyal currently serves as Vice-President of Cryo Pure Corp. an international company that packages and distributes industrial/ultra high purity specialty gases, chemicals, cryogenics and cryogenic chemical delivery equipment. Prior to his co-founding of Cryo Pure Corp, Mr. Dyal was the Director of Marketing & Sales for CVD Equipment Corporation (NASDAQ:CVV) a company that designs, develops, and manufactures a broad range of state-of-the-art graphene manufacturing equipment and process solutions for research and industrial applications. Mr. Dyal was responsible for global sales of R&D products related to graphene, carbon nanotubes, semiconducting nanowires, 2D materials and thin films for research laboratories.
Elena Polyakova, Co-Chief Executive Offer remarked, "We are delighted to have attracted Gary to our Board where he will immediately assume the role of Chairman. In the past, our senior management team has worked with Gary and we can attest to the breadth of his knowledge base and expertise. We look forward to working closely with him."
Gary Dyal said: "I am honoured to have been invited by the Board to become Graphene 3D's Chairman and to help contribute to the overall vision and strategy of the company. It is a great business, with great leading edge products in an emerging, fast moving industry. I am looking forward immensely to working together with my fellow Directors."
In addition to his role as Chair, Mr. Dyal will serve on the Company's Audit Committee. Mr. Dyal replaces Mr. Jason Martin who has left the Board to continue his focus as President and CEO of iotum, a global communications service provider. The Company wishes to thank him for his valuable contributions over the past year.
The Company also wishes to announce that Mr. Ian Klassen has accepted the additional role as the Company's Corporate Secretary. Mr. Rob Randall, the Company's previous Corporate Secretary, shall continue to serve as Chief Financial Officer.
Incentive Share Options
In addition, the Company wishes to announce that, pursuant to regulatory approval, it has granted 2,150,000 incentive stock options to various employees, consultants, officers and members of the Board of Directors. The stock options are exercisable at a price of $0.25 per optioned share on or before February 28, 2019.
About Graphene 3D Lab Inc.
Graphene 3D Lab, Inc. is a world leader in the development, manufacturing and marketing of proprietary composites and coatings based on graphene and other advanced materials. These diverse materials have a wide spectrum of commercial, research and military applications. The Company's wholly owned subsidiary, Graphene Laboratories Inc., currently offers over 100 graphene and related products to a client list comprised of more than 10,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. The Company's suite of products are available online at the company's e-commerce platform Graphene Supermarket ( www.graphene-supermarket.com).
The 3D printing division of the Company offers a portfolio of specialty fused filament fabrication filaments.. These materials can be purchased through multiple distribution networks worldwide or directly online at www.blackmagic3D.com. Graphene 3D also holds a new proprietary technology encompassing the preparation and separation of atomic layers of graphene. This technological breakthrough represents a new, energy efficient process to manufacture, sort and classify graphene nanoparticles resulting in the potential for large scale production of high grade graphene at lower costs than exist in today's marketplace.
The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has six US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.
For more information, please contact:
Co-Chief Executive Officer
Telephone: (631) 405-5116
Investor Relations Coordinator
Telephone (631) 405-5114
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