American Graphite Technologies Inc. Announces Additional Testing of Graphene/Bucky Paper From CTI Nanotechnologies LLC
(Marketwire Via Acquire Media NewsEdge) LAS VEGAS, NV -- (Marketwired) -- 06/10/13 --
American Graphite Technologies Inc. ("AGIN" or the "Company") (OTCBB: AGIN) and (BERLIN: A8G) (WKN:A1KBDQ/ISIN:US02640K1079) is pleased to issue a corporate update in regard to its project with CTI Nanotechnologies LLC ("CTI").
CTI reports that it has sent samples of its graphene paper to EMSL Analytical Inc. of Cinnaminson, New Jersey for BET (Brunauer-Emmett-Teller) surface area testing, imaging and Dynamic Mechanical Analysis (DMA). DMA is useful for studying the viscoelastic behavior of materials. BET theory aims to explain the physical adsorption of gas molecules on a solid surface and serves as a basis for an important analysis technique for the measurement of the specific surface area of a material.
SEM (Scanning Electronic Microscopy) and TEM (Transmission Electronic Microscopy) imaging of the graphene/bucky papers will give insight into the layer structure. The surface area and DMA testing is an important step in the development of graphene/bucky papers geared toward specific applications. The surface area is important for electrodes in batteries, supercapacitors, sensors and high surface area catalysis. With this information CTI can refine their process and optimize the product for electronics applications. The DMA testing also will tell CTI the baseline tensile strength and modules of the graphene/bucky paper so CTI can engineer products for the composites and body armor applications.
CTI has advised that further testing of the graphene paper will include measuring the thermal transport properties which will allow them to optimize the graphene/bucky paper for heat sinks and heat dissipating applications.
AGIN will release the results as they are received.
About the American Graphite Technologies Inc. and CTI Technologies LLC Agreement
On January 25th, 2013, the Company announced it has entered into a strategic partnership with a private US company CTI Nanotechnologies LLC ("CTI") to further the development and commercialization of Graphene Paper. American Graphite has provided its initial funding as laid out in the agreement with CTI and will provide updates as they occur. CTI is working on the development and commercialization of Graphene Paper. The initial funding received by CTI from the Company will be used to acquire test and manufacturing equipment to enhance CTI's existing facility located in Vermont with the goal of developing a prototype production machine that makes Graphene Paper in larger and more affordable sizes than currently available.
For more information visit the website at www.americangraphitetech.com
About American Graphite Technologies Inc. American Graphite Technologies Inc. (OTCBB: AGIN) is a mineral exploration and technology development company that is listed on a US Stock Exchange where the Company's ticker symbol is AGIN and on the Berlin Stock Exchange under the following symbol: A8G (WKN:A1KBDQ/ISIN:US02640K1079). By concentrating on securing graphite mining opportunities and the commercialization of graphene specific proprietary technology methods, management is seeking to bring profitable opportunities and maximize shareholder value. Graphene has been described as the "miracle material" of the 21st Century and is believed to be stronger than steel and more conductive than copper while being flexible, making it plausible as a replacement over silicon possibly leading to thinner, faster, cheaper, more flexible devices including power sources. Since graphene comes from the carbon atom it is abundant and cheap. In 2010 the Nobel Prize in Physics was awarded to Andre Geim and Konstantin Novoselov for groundbreaking experiments regarding graphene. Advances in alternative energy technologies are driving demand for strategic metals like graphite that have recently evolved from industrial demands to include high tech uses as nations focus on encouraging the development of new domestic markets for clean and efficient energy alternatives, smart grid infrastructure and military capabilities.
Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions such as "may," "could," or "might" occur. Such statements reflect the current views of CTI with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. American Graphite Technologies Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release.
American Graphite Technologies Inc.
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Source: American Graphite Technologies Inc.
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