ThermoCeramix Corporation
TSX VENTURE : TCX

ThermoCeramix Corporation

October 20, 2014 16:45 ET

ThermoCeramix Launches First Product Through Downtown Grill Inc.

MONTREAL, QUEBEC--(Marketwired - Oct. 20, 2014) - ThermoCeramix Corporation ("ThermoCeramix" or the "Company") (TSX VENTURE:TCX), an engineering company engaged in the research and development of heating solutions for industrial, commercial and residential applications, announced today that its wholly owned subsidiary Downtown Grill Inc. ("Downtown Grill") has launched its first new product, the electric Hibachi Grill, powered by ThermoCeramix's patented TCX™ heating technology.

The Hibachi Grill reaches cooking temperatures of up to 700°F in less than ten minutes without a lid, superior performance to most gas barbecues with their lids closed. The Hibachi Grill plugs into a 120 volt 15 amp GFI outlet, and therefore generates no flame and uses no fuel or gas, making it safe to use indoors or out. The grill is lightweight, portable, practical, easy to store, and responds to significant demand from residents of condominium and apartment buildings with open flame barbecue restrictions.

Downtown Grill is committed to offering products that maximize flavor by reaching and maintaining very high cooking temperatures. Cooking at very high temperatures brings out the best taste and tenderness in grilled food. Capitalizing on ThermoCeramix's patented heat transfer conductivity technology, Downtown Grill's products will provide a truly authentic and memorable grilling experience, recreating the cooking conditions of top steakhouses in a consumer's kitchen or on the balcony.

"We are pleased to be meeting our stated goal of commercializing a key application of our patented heating technology with the launch of this revolutionary new grill," commented Louis Desmarais, Chief Executive Officer. "Downtown Grill is in the process of securing distributorships for the Hibachi Grill, its first new product, and expects to be selling through a number of outlets before the busy holiday season."

For more information about Downtown Grill and the new electric Hibachi Grill, please visit www.downtowngrill.co.

About Downtown Grill Inc.

Downtown Grill Inc., a wholly owned subsidiary of ThermoCeramix, was established in May, 2014 to develop, manufacture and sell electric-powered barbecues utilizing ThermoCeramix's patented TCX™ heating technology. For more information, please visit the Company's web site at www.downtowngrill.co.

About ThermoCeramix

ThermoCeramix Corporation (TSX VENTURE:TCX) is an engineering technology company engaged in the development of environmentally-friendly high-efficiency heating solutions. The Company's patented and proprietary TCX™ heating technology uses thermal spray film heaters applied as a coating of electro-resistive material directly to almost any profile and material that requires heat. The technology is energy-efficient, scalable, and adaptable to almost any size and shape. The Company holds a strong and broad intellectual property portfolio of over 25 patents. The Company's strategy is to commercialize one application of its technology platform through the development, production and sales of a unique electric barbecue, then license the technology for numerous additional consumer, commercial & industrial applications. For more information, please visit the Company's web site at www.thermoceramix.com.

Caution Regarding Forward Looking Information

Certain information set forth in this press release may contain "forward-looking statements" or "forward-looking information" under applicable securities laws. Except for statements of historical fact, certain information contained herein may constitute forward-looking statements. Any such forward-looking statements may be identified by words such as "will", "expects", "anticipates", "believe", "projects", "plans", "to be" and similar expressions. Any such statements are not guarantees of future performance and undue reliance should not be placed on them. Any such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. There can be no assurance that any such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. For more information relating to risks which may cause the Company's actual results to be different from expected and historical results, please see the Company's "Filing Statement" dated March 26, 2014 filed under the Company's SEDAR profile at www.sedar.com, including the specific risks contained therein under the headings "Risk Factors - Manufacturing and Marketing Capability" and "Risk Factors - Reliance on Third Parties".

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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