Gyrotron Technology Inc. Successfully Tests Plastics Technology for High-Volume Consumer Application
(firmenpresse) - BENSALEM, PA -- (Marketwired) -- 07/29/13 -- (PINKSHEETS: GYTI), a developer of innovative industrial technologies, announced today that a major consumer products company had contracted with GYTI for paid testing to study the feasibility of using the gyrotron in a high-volume consumer application. During testing, GYTI successfully demonstrated its ability to cure a specialized plastic foam to customer specifications in a fraction of the time, and using a fraction of the energy, required by conventional technology.
"We are very pleased that the customer sought us out for this very large consumer project," stated Dr. Vlad Sklyar, President of GYTI. "We believe that this project will open up opportunities for us and our highly innovative technology in the very large plastics field."
GYTI develops and markets unique industrial technologies for a broad range of industries, including glass, plastics, semiconductors, and food. Most of these utilize the gyrotron, a very powerful source of high-frequency microwave energy. These technologies open new horizons, substantially enhancing productivity and cutting costs by, among other things, applying heat in a dramatically more efficient and effective manner than is possible with legacy technologies.
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Forward-Looking Statements
This release and the materials referred to herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, as they are based on current expectations and assumptions concerning future events or future performance of GYTI. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherent herein and in publically available information on GYTI. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
Technical Contact:
Dr. Vlad Sklyar, President
215-244-4740
Investor Contact:
Jack N. Mayer, Director
215-244-4740
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Datum: 28.07.2013 - 22:01 Uhr
Sprache: Deutsch
News-ID 1249334
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BENSALEM, PA
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Kategorie:
Plastics and fibers
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