|November 06, 2017|
Graphene 3D Lab Prepares for Growth, Announces Move to a New Industrial Facility in Ronkonkoma, NY.
|November 6, - 2017 Calverton, NY -- Graphene 3D Lab Inc. (TSXV: GGG, OTCQB: GPHBF) ("Graphene 3D" or the "Company") is pleased to announce that the company is moving from its current location in Calverton, NY, to a new address at 760 Koehler Ave., Ronkonkoma, State of New York. This new 8,000 square foot facility is situated in a tech park near Long Island MacArthur Airport and is about 30 miles from the company's existing address. It is located on industrial property, and comes with a larger production floor, office and lab space.|
"Despite the unavoidable distraction of the business related to location, management is doing its best to minimize the impact and keep the business running. The company has overproduced all products we currently offer, and we do not anticipate any significant delays in shipping of customers' orders," said Graphene 3D President and CEO Daniel Stolyarov. "In the new facility, Graphene 3D will be able to substantially increase the production volume of the existing products and introduce new ones."
"The Calverton Business Incubator was a home for our company for six years, and our production capacity has been greatly limited by the constraints of this facility. We are excited to move because we need more space to satisfy increased demand for our products. As soon as the move is complete, we are planning to launch several new products and aggressively grow our revenue,'' Stolyarov said.
The anticipated move-in date is December 1, 2017
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 12,000 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 is available online at the company's e-commerce platform (Graphene Supermarket).
The 3D printing division of the Company offers a portfolio of 3D printable filaments. These materials can be purchased through multiple distribution networks worldwide or directly from the web-store BlackMagic3D.
Adhesive materials produced by the company are distributed under G6-EpoxyTM trade name and can be purchased at G6-Epoxy.com.
The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has eight US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.
ON BEHALF OF THE BOARD: Daniel Stolyarov, President & Co-CEO
Co-Chief Executive Officer
Telephone: (631) 405-5113
Investor Relations Coordinator
Telephone (631) 405-5114
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