EDMONTON, ALBERTA--(Marketwired - Jan 11, 2016) - SUNVAULT ENERGY INC. ("Sunvault") ("the Company") (OTC PINK: SVLT) and Edison Power Company, a Delaware Corporation, announced today that it recently conducted a number of tests on its graphene reinforced plastic technology.
The Company has created a Graphene Reinforced Plastic that is cost effective and with potential uses that could change the landscape as far as plastics utilization in products is concerned. From automobile parts to enhancing fragile smart phones, this revolutionary material can give products steel like endurance but with the weight, economics and simplicity of plastic. The material has many consumer advantages but in addition there are some protective attributes that are truly impressive.
In two video presentations the Company first demonstrated the ability of the graphene reinforced plastic to stop a collection of 22 caliber and 45 caliber bullets before demonstrating in the second video presentation the ability to stop the most commonly faced weapon of aggression in the military: the AK47.
With a thickness of less than a centimeter, the graphene reinforced plastic was only slightly scarred by the .22 and .45 rounds. In a second video presentation, the new plastic composite was set against an AK47 round. The damage to the plastic was more significant, but the round also failed to penetrate, which is encouraging at this early stage of development.
Further testing has been carried out in accordance with the current standard HOSDB Body Armour Standards for UK Police (2007) Part 3: Knife and Spike Resistance, which is harmonized with the US NIJ OO15 standard.
These standards define the parameters of the test requirements to classify and determine if a material can be seen as stab proof.
Following testing the material passed the protection levels as defined in table 7 of the above referenced document. See following link:
The weight of the reinforced Graphene plastic is very light and we believe it to be able to be one of the highest performing bullet proof materials in its cost and weight class that exists. Therefore, further testing in respect of the HOSDB and NIJ standards are ongoing in order to seek the bullet proof classification.
Please see the following videos for these demonstrations on Dr. Robert Murray-Smith's YouTube Channel:
Video One: Bullet Proof Graphene Plastic - 22 & 45 Test
The revolutionary development by the company has attracted quite a bit of attention and Dr. Robert Murray-Smith is conducting additional Edison lab demonstrations and meetings for those interested parties.
The Company understands the impact this product could have on everything from protective gear for police and the military to upgrading vehicle amour. Not only do automobiles including military vehicles and aircraft stand to benefit from the protective qualities of the graphene reinforced plastic, but that, combined with the economics and the weight advantages of the product, means that other products such as drones will have unique capabilities when coupled with this protective graphene plastic layer. Laptops, Tablets, Cell and Smart Phone outer layers could be almost impermeable to destruction.
"We are very excited with this technology development," stated Gary Monaghan, Chief Executive Officer for Sunvault Energy. "We believe this technology has wide significant appeal worldwide," he continued.
About Sunvault Energy Inc:
Sunvault Energy Inc. is committed to bringing cost effective energy generation and energy storage to industry through a seamless and novel integration of energy generation and storage. This technical approach is a first and has the potential to enable the lowest overall system cost with maximum energy storage efficiency. Sunvault has further diversified by acquiring companies or assets that are immediately accretive and that will facilitate into ownership of quality non-cyclical assets.
Notice Regarding Forward-Looking Statements:
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic conditions, our ability to achieve the expected benefits from the development of technology. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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