Group NanoXplore Inc.

Group NanoXplore Inc.

September 28, 2015 17:53 ET

Group NanoXplore Inc. Invests in NanoPhyll and Two Carbon, New Photocatalytic and Performance Clothing Companies

NanoXplore Pleased to Participate in Financing of Graphene Application Companies

MONTREAL, QUEBEC--(Marketwired - Sept. 28, 2015) - Group NanoXplore Inc., a Montreal-based company specialising in the production and application of graphene and its derivative materials, is pleased to announce that it has participated in the successful financing of two innovative graphene applications companies: NanoPhyll, a company dedicated to improving efficiencies in the photocatalytic and photovoltaic markets through the application of customized graphene; Two Carbon, a materials technology company designing next-generation, high performance outdoor products using graphene as a fundamental building block.

Both companies originally approached NanoXplore for support in developing their technology solutions. NanoXplore's highly mixable and highly dispersible graphene turned out to be especially suitable for these applications and the development speed and resulting performance were both better than initially projected.

"I am very pleased to have successfully completed this funding round", says Markus Hutnak, CEO/Founder of Two Carbon located in Silicon Valley, USA. "This will allow us to complete product development of our unique footwear outsole and continue working with our production partners. Initial reaction to our new outsole concept has been excellent and we anticipate an initial product launch in early 2016."

"NanoPhyll has made great strides over the last few months developing our core graphene-TiO2 technology," says Charles Boudreault, CEO and Co-Founder of NanoPhyll, a Canadian high technology company. "Closing this funding round will allow us to move quickly to prepare sample material and engage with customers."

Dr. Soroush Nazarpour, President and CEO of Group NanoXplore Inc. comments: "NanoPhyll and Two Carbon are both well positioned to quickly move to commercialisation. These two companies have the focus, and product and marketing expertise in their respective markets, to rapidly create value for themselves and their customers by unleashing the benefits of graphene. After working successfully with these companies for several months, NanoXplore jumped on this opportunity to play downstream in the graphene supply chain."

About Group NanoXplore Inc.

NanoXplore is a privately held advanced materials company focused on the large-scale production of high quality graphene and the integration of graphene into real world industrial products. NanoXplore achieves significant improvements in performance for its customers with very low levels of graphene because its material is of high quality (few defects, highly dispersible), because the production process can easily tune the dimensions of the graphene flakes, and because NanoXplore has specific expertise in dispersing graphene in a broad range of industrial materials. NanoXplore partners with its customers to integrate graphene into their products and processes, providing them with ground-breaking products and a strong competitive advantage.

About NanoPhyll

NanoPhyll is a private company dedicated to improving efficiencies in the photocatalytic and photovoltaic markets through the application of customized graphene. Applications are for coatings that are self-cleaning, anti-bacterial, anti-fogging as well as for the creation of next generation low cost solar cells. Primary market is the building and construction sector both internal (VOC mitigation, germ/virus destruction, etc.) and external (self-cleaning, green power generation, etc.). Introducing graphene to this mature market will increase efficiencies significantly, enabling our clients to grow value and market share. For more information, please see www.nanophyll.com.

About Two Carbon

Two Carbon is an advanced material technology company building high performance product solutions for the outdoor consumer. By designing next-generation outdoor products using graphene technology, Two Carbon brings greater performance through stronger, lighter, and more durable products. Two Carbon is at the forefront of building enhanced wearable product solutions. For more information, please see www.twocarbon.com.

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