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OCSiAl Acquires Zyvex Technologies

June 19, 2014

OCSiAl reported at the TechConnect World Innovation Conference that it has acquired Zyvex Technologies.

According to a release from the Company, the partnership between OCSiAl and Zyvex Technologies will combine large scale manufacturing capabilities with commercialization expertise - unleashing limitless potential for enhanced consumer products across the globe.

OCSiAl is known for developing low cost and scalable production of graphene tubes under the brand name TUBALL, while Zyvex Technologies is in the field of carbon nanomaterial applications. The latter's nanotechnology-based products are already integrated into a diverse number of products, ranging from Easton sporting goods to Airbus next generation materials research. This acquisition will enable the mass availability of TUBALL graphene tubes and provide endless advantages to customers across industries.

"From improved quality and durability of consumer goods to premier, high level projects, the combination of OCSiAl's manufacturing capabilities and the scale and expertise of each company's respective market, we are creating a vertically integrated organization that serves customers better with readily available nanotech products," said Yuri Koropachinsky, President of OCSiAl. "Zyvex Technologies has built a tremendous team that we are excited to welcome into the OCSiAl family - and together, we will usher in a new age of technology for businesses and consumers alike."

"This is a landmark deal which will open the doors for further development and penetration of nanotechnology through a combination of technology and commercial excellence," said Dr. Sanjay Mazumdar, CEO of the market research organization, Lucintel. "Businesses must consider the advantages that can be gained through the early adoption of new materials technology, otherwise they'll watch on the sidelines as their competitors grow."

Zyvex Technologies will continue to operate with its own distinct brand identity and product line while contributing to the growth of OCSiAl.

More information and complete details:

www.ocsial.com

www.zyvextech.com

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