CEMATRIX Corporation

August 15, 2007 16:46 ET

CEMATRIX Corporation Announces New Orders with Record Values

CALGARY, ALBERTA--(Marketwire - Aug. 15, 2007) - CEMATRIX Corporation (TSX VENTURE:CVX) (the "Corporation") is pleased to announce that on August 15, 2007, it filed financial statements and management's discussion and analysis for the interim period ended June 30, 2007. The financial statements are available on SEDAR at www.sedar.com.

The Corporation is also pleased to announce that its wholly-owned subsidiary, CEMATRIX (Canada) Inc., has received new orders valued in excess of $1.9 million to supply Cellular Concrete for various construction projects, which brings the total to $7.2 million for the year. The new orders build on the Company's existing involvement in the major oil sands and refinery projects and include several new municipal infrastructure projects.

As of today's date, the Corporation's sales orders are 203% ahead of the total annual sales for 2006.

CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets, including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution as a replacement for rigid and other insulating materials in frost-susceptible or permafrost conditions. Cellular concrete is also used in void filling situations and as a replacement for granular fills and weak or unstable soils.

Forward-looking statements: Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this News Release.

Contact Information

  • CEMATRIX Corporation
    Dave Pickrell
    President and Chief Executive Officer
    (403) 219-0484