Nanotechnology Now - Press Release: Raymor Begins Production of Single-Walled Carbon Nanotubes

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Raymor Begins Production of Single-Walled Carbon Nanotubes From High Capacity Production Unit

Montreal | Posted on June 28, 2006

Raymor Industries Inc. (TSX-V: RAR), a leading developer and producer of single-walled carbon nanotubes, nanomaterials and advanced materials, is pleased to announce that the company’s wholly-owned subsidiary, Raymor Nanotech, has begun producing single-walled carbon nanotubes (C-SWNT) from its high capacity production unit, which is designed to produce 10,000 grams/day. With this unit in production, the company is currently meeting with potential clients in order to secure long-term agreements for the supply of Raymor’s C-SWNT for use initially in the aerospace and defense sectors. With these agreements, Raymor will install additional production units to meet what the company has identified as a growing market demand for C-SWNT, thus aiming to become the largest producer of C-SWNT in the world.

Dr. Olivier Smiljanic, Director of Raymor’s Nanotechnology division and co-inventor of the technology had this to say about the news: “This thermal plasma-based C-SWNT production process has shown its importance in producing high quality C-SWNT. This unique, patented process allows for the continuous synthesis of C-SWNT while efficiently eliminating a greenhouse gas. Our C-SWNT will be delivered to well-known clients for their enduse applications, such as in composite materials.”

Frédéric Larouche, Assistant Director of Raymor’s Nanotechnology division, and also co-inventor of the technology, added the following: “To our knowledge, this is the only process which is capable of reaching very high production throughputs of high quality C-SWNT on a continuous basis.”

Stéphane Robert, President and CEO of Raymor Industries also commented on the news: “With major aerospace manufacturers committing to the construction of composite-based commercial aircraft, our capacity to supply high quality single-walled carbon nanotubes will serve as a catalyst for the incorporation of these phenomenal materials in new aircraft. We are currently focusing our production efforts on providing a high purity, consistent quality C-SWNT at throughputs targeting 10,000 grams per day. The company will offer C-SWNT to the market at a price which will allow for the growth of applications.”

Single-walled carbon nanotubes (C-SWNT) are unique forms of pure carbon, which are up to 100 times stronger than steel at 1/6th the weight i.e. very strong, lightweight materials. These materials have impressive electrical properties, as they can conduct electricity up to 1000 times greater than copper. C-SWNT can transfer heat up to 10 times greater than copper. Given these phenomenal properties, C-SWNT will be the technology platform for a multitude of applications, including:

Aerospace: Electrically active, thermally conductive polymers, nanotube structural enhanced composites; etc.
Defense: Enhanced lightweight ballistic protection, field sensors; etc.
Energy: Hydrogen storage for fuel cells, battery electrodes, etc.
Electronics/IT: Heat sinks; nanochips, hard drive heads, etc.
Medical: New drug delivery medications, devices, etc.
Sports: Enhanced golf, tennis, baseball, cycling equipment, etc.
Telecom: Antennas, microwave amplifier devices, etc.
Automotive: Fuel cells, structural components, electronics; etc.
Consumer: Flat panel displays, textiles, paint, efficient lighting, water filtration, etc.

Raymor’s high quality C-SWNT are produced using a unique, patented, plasma-based process. As compared to the other techniques for commercially producing C-SWNT (CVD, Gas Phase CVD, Arc, Laser Ablation), Raymor produces in a continuous process large volumes of high quality C-SWNT at a reasonable price to facilitate the full integration of these materials into commercial products.

The Freedonia Group, in a report released in January 2006, predicts the global carbon nanotubes market to be a US$10 billion industry by 2020.

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The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

About Raymor Industries:
Raymor Industries Inc. (TSX VENTURE: RAR) has as its mission to become a leading developer of high technology for the production of single-walled carbon nanotubes, nanomaterials and other advanced materials 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) thermal spray coatings, which largely targets military, aeronautical, aerospace, specialized industrial, 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.

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Contact Investor Relations:
(514) 932-3485
Fax: (514) 932-3644
investisseur@raymor.com

Contact Media Relations:
(514) 932-8805 Ext.: 296
media@raymor.com

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