CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF)
("
CEMATRIX" or the "
Company") a
North American leading manufacturer and supplier of technologically
advanced cellular concrete products, announces the strengthening of
its sales team by way of key new hires in 2022 with a focus on
sales growth and regional sales expansion throughout North
America’s infrastructure markets.
“It has been a priority for CEMATRIX to bolster
its sales efforts in key markets as we continue to educate end
users and promote our cellular concrete solutions across North
America,” stated Jeff Kendrick, President, and CEO of CEMATRIX. “We
appreciate the importance of building a robust sales team, which
has been rounded out with three key hires in 2022 that are and will
continue to add to our sales pipeline and convert the growing
pipeline into projects. These three experienced sales professionals
include Mr. Oliver Xiao, P.Eng., Mr Sylvain Bossé and Mr. Nathan
Hackney.”
Mr. Oliver Xiao, P.Eng. is based in the Greater
Toronto Area (GTA) and joined CEMATRIX as a Technical Sales
Representative, Central Region (Province of Ontario). Oliver is a
Licensed Engineer in the Province of Ontario and has a technical
background in Ready-Mix Concrete products and practices. He has
provided technical advice to infrastructure project owners and
consultants on project requirements including engineering standards
and specifications. His experience provides technical support for
site application of specialized concrete products and
technologies.
Oliver is a Board Member at the American
Concrete Institute (ACI) Ontario Chapter; Past Chair of the
Infrastructure Task Force at the Ontario Society of Professional
Engineers, and a Board Executive of the (PEO) Professional
Engineers of Ontario York Chapter.
Mr. Sylvain Bossé is based in the Greater
Montreal Area (GMA) and joined CEMATRIX as a Technical Sales
Representative Eastern Region (ECAN), which comprises the Provinces
of Quebec, the Ottawa Region of Ontario, PEI, New Brunswick, Nova
Scotia, and Nfld. Labrador.
Sylvain has over thirty years of experience in
the technical aspects of cement and Ready-Mix concrete products
after working with both Lafarge and CRH in the development of new
products for the North American markets. Sylvain has worked with
Specifiers, Engineering Consultants, Provincial Government Agencies
i.e. MTQ (Ministry Transportation Quebec), Contractors, and Owners
during has career, and is an active Board Member of the greater
Montreal area American Concrete Institute (ACI) Chapter.
Mr. Nathan Hackney is the East Coast Business
Development Manager for MixOnSite USA, Inc., and is based in
Central Virginia. Nathan holds two degrees, a Bachelor of Science
from North Carolina Wesleyan College and Master of Science from the
University of North Carolina at Pembroke. He and the MixOnSite team
cover technical aspects of design and sales for projects throughout
North America.
Nathan has worked in the cellular concrete
market for more than five years, primarily on the East Coast of the
United States with a focus on larger scale projects in the pipe
abandonment, annular space grouting, and load reducing fill
markets. Nathan is experienced with educating design engineers on
all the benefits of using LDCC (“Low Density Cellular Concrete”) on
overpass, bridge and other infrastructure applications, instead of
traditional backfill materials, EPS (“expanded poly styrene”)
Blocks, or other products.
ABOUT CEMATRIX
CEMATRIX is a rapidly growing company that
manufactures and supplies technologically advanced cellular
concrete products developed from proprietary formulations across
North America. This unique cement-based material with superior
thermal protection delivers cost-effective, innovative solutions to
a broad range of problems facing the infrastructure, industrial
(including oil and gas) and commercial markets. Through recent
acquisitions of Chicago based MixOnSite and Bellingham based
Pacific International Grout, CEMATRIX is now North America’s
largest Cellular Concrete company. For more information, please
visit our website at www.cematrix.com.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING
STATEMENTS
This news release contains forward-looking
statements and forward-looking information (together,
"forward-looking statements") within the meaning of applicable
securities laws. All statements, other than statements of
historical facts, are forward-looking statements. Generally,
forward-looking statements can be identified by the use of
terminology such as "plans", "expects", "estimates", "intends",
"anticipates", "believes" or variations of such words, or
statements that certain actions, events or results "may", "could",
"would", "might", "will be taken", "occur" or "be achieved". The
forward-looking statements contained in this news release are based
on certain key expectations and assumptions made by the Company,
including satisfaction of regulatory requirements in various
jurisdictions and the Company’s anticipated use of the net proceeds
of the Offering. Forward looking statements involve risks,
uncertainties and other factors disclosed under the heading "Risk
Factors" and elsewhere in the Company's filings with Canadian
securities regulators, which could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed or implied by such forward-looking statements.
Although the Company believes that the
assumptions and factors used in preparing these forward-looking
statements are reasonable based upon the information currently
available to management as of the date hereof, actual results and
developments may differ materially from those contemplated by these
statements. Readers are therefore cautioned not to place undue
reliance on these statements, which only apply as of the date of
this news release, and no assurance can be given that such events
will occur in the disclosed times frames or at all. Except where
required by applicable law, the Company disclaims any intention or
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or
otherwise.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For further information, please
contact:Jeff Kendrick - President and Chief Executive
Officer Phone: (403) 219-0484
Glen Akselrod – President, Bristol CapitalPhone: (905) 326 1888
ext 1glen@bristolir.com
Jeff Walker, The Howard Group – Investor
RelationsPhone: (888) 221-0915 or (403) 221-0915
jeff@howardgroupinc.com
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