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Raymor will present an overview of their advanced technologies and operations in the nanomaterials and advanced materials fields
Raymor Industries Inc. (TSX-V: RAR) will be a speaker at NanoBusiness 2005,
an important nanotechnology business conference to be held from May 22nd to May 25th, 2005 at the Marriott
Financial Center in New York City. Raymor will present to the conference participants an overview of Raymor’s
exciting portfolio of advanced technologies and operations in the nanomaterials and advanced materials fields,
include Single-Walled Carbon Nanotubes (C-SWNT) production, metal and ceramic coating and nanocoating
production using thermal spraying, metallic powder production using plasma atomization, and net-shape forming
of composite components using vacuum plasma spray forming.
NanoBusiness 2005 is nanotechnology's foremost business conference, intended for key stakeholders in the business of nanotechnology, and will once again gather hundreds of scientists, engineers, business leaders as well as different institutions and investors.
“This conference provides Raymor Industries with a great opportunity to introduce the company to United States market and to the global marketplace as a whole,” states Mr. Stephane Robert, President of Raymor Industries & AP&C.
"For us to have such an innovative company as Raymor Industries presenting at our conference is the validation that NanoBusiness 2005 is trully a global event. " said Vincent Caprio, Event Director for NanoBusiness 2005. "The production capacity of carbon nanotubes announced by Raymor will finally allow for large-scale commercialization of numerous applications in nanotechnology," added Mr. Caprio.
“In our discussions with nanotech-focused companies—including some of those in our Newbridge Nanotechnology Index (NNIX)—we often hear that the high cost and low quality of available carbon nanotubes are inhibiting the commercialization of more products incorporating these novel materials,” said J. Andrew Braswell, Equity Analyst with Newbridge Securities, a full service brokerage and investment banking house with a research focus on nanotechnology. “The new production process being introduced by Raymor attempts to address these critical issues,” added Mr. Braswell.
According to BCC Research, Analysts predict that the carbon nanotubes market will be US$232 million in 2006, followed by an average annual growth rate of 173% over the next 5 years, to reach levels of over US$35 billion. According to Lux Research, nanotechnology could grow to a US$2.6 trillion industry within the next decade.
About Raymor Industries:
Raymor Industries Inc. (TSX-V:RAR) has as its mission to become the largest Canadian developer of high technology and a producer/recycler of advanced materials and nanomaterials for high value-added applications. In November 2004, Raymor Industries created a wholly-owned, industrial subsidiary, AP&C Advanced Powders and Coatings, specializing in nanotechnology and advanced materials, and comprising four operational divisions: (1) nanotechnology products, including nano-powders, nano-coatings, and single-walled carbon nanotubes (C-SWNT) for “the applications of tomorrow”; (2) metal and ceramic coatings, which largely targets aerospace, military, and mining applications; (3) spherical metallic powders, primarily used for biomedical and aerospace applications; and (4) net-shape forming, a component manufacturing technique used for ballistic protection and other aerospace and military applications. Raymor holds the exclusive rights to more than 20 patents throughout the world, with other patents pending.
For more information visit www.raymor.com
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
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