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Cymat Opens European Office and Adds to Management Team

20 May 2002

Cymat Corp has opened its European office in Nuremberg, Germany, and appointed three new management: Gunther Albrecht, as Director, Market Development, Europe; Frank Hendrickx, as Director, Automotive Markets, Europe; and David Read, as Director, Industrial Market Development, North America.

""We are very pleased to have opened our European office,"" said Michael Liik, Chairman and CEO of Cymat Corp. ""This new facility gives us access to leading scientists specializing in materials technology. Nuremberg is located in the heart of the automotive industry, allowing us to work closely with our European partners and advance our relationships with other European automotive companies.""

Cymat's European office is part of New Materials Furth GmbH, a new 40,000 square foot research facility focused on developing and commercializing light metal technologies. Through this facility, Cymat will be able to draw on the expertise and contact base of leading materials scientists and researchers, along with the latest technology and equipment for commercializing Cymat's proprietary aluminum foam.






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