Cymat's Rights to Manufacture and Sell Aluminum Foam Extended

22 August 2000

Cymat Corp., an innovative materials technology company, announced that its rights to manufacture and sell Stabilized Aluminum Foam (SAF), granted by Alcan International, have been extended from North America to include the rest of the world. "Broadening of Cymat's rights to a worldwide basis is of paramount importance in our marketing efforts to global industries, such as automotive," said Michael M. Liik, Cymat's Chief Executive Officer. "We can now provide automakers with the assurance of supply regardless of where the vehicle is assembled. Our development work to date, which has focused on lightweight impact attenuation and structural applications, indicates the potential for multiple SAF-related components per automobile." Cymat holds the worldwide license from Alcan International to manufacture Stabilized Aluminum Foam (SAF). The patented, continuous casting process to produce SAF combines alloyed aluminum with a metal matrix composite to create lightweight, porous panels, 2-D extrusions or 3-D shapes. SAF's wide array of attractive properties include high strength-to-weight, mechanical energy absorption, thermal and acoustic insulation and relative low cost of production, compared with other porous materials and metallic foams. Having successfully commissioned its casting plant last fall, Cymat is now working with a number of partners spanning the automotive, aerospace, building and general manufacturing industries to develop end-use applications employing SAF.

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