Fendx Technologies Inc. (FNDX)(FDXTF) (E8D) Interview with CEO Dr. Carolyn Myers

FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the "Company" or "FendX"), a nanotechnology company developing surface protection coatings is pleased to announce that the Company has successfully completed the first phase of development outlined in the development stage agreement with Dunmore International Corp. ("Dunmore"), a Steel Partners Holdings L.P. (NYSE: SPLP) operating company which was announced on April 12, 2023.Show more

Pursuant to the development stage agreement, the first phase was for Dunmore to adapt McMaster's lab prototype formulation for making REPELWRAP™ film to Dunmore's manufacturing production processes, which Dunmore has successfully completed. The films created at Dunmore under the first phase were then tested at McMaster and McMaster confirmed the films to have similar repelling properties to the McMaster lab prototype. These positive findings allow Dunmore to advance to the next phase of development that entails conducting small runs on their commercial manufacturing line to create intermediate sized films for further testing. Being able to ultimately automate the manufacturing process for REPELWRAP™ film would be a key step in leading to the development of a commercial product.

Dr. Carolyn Myers, CEO of FendX states, "We are very pleased Dunmore has successfully replicated the REPELWRAP™ film lab prototype in their R&D lab and that they can now begin to automate the manufacturing process." Dr. Myers continues, "This achievement marks a significant step forward in our scale-up initiatives as FendX has met an important REPELWRAP™ film development milestone. We are pleased to have Dunmore as part of our team to contribute to the advancement of our technology and support our efforts to achieve our development milestones."

"We are pleased to have achieved positive data results in replicating FendX's lab prototype at our facility," said Nik Taritas, Vice President of Business Development at Dunmore Corporation. "The successful replication confirms the compatibility of FendX's formula and materials with our production processes and we look forward to beginning the coating trials on our production line."

About REPELWRAP™ film

REPELWRAP™ film is the Company's first product under development and is a protective surface coating film that leverages the Company's award-winning nanotechnology. REPELWRAP™ film has demonstrated unique repelling properties that prevent the adhesion of pathogens, bacteria, and viruses, reducing their transmission on surfaces prone to contamination. The Company believes REPELWRAP™ film will have applications in healthcare settings and other industries.

About Dunmore International Corp.

Dunmore is a global manufacturer of engineered coated and laminated films and foils with manufacturing facilities in the U.S. and Germany. Dunmore offers film conversion services such as coating, metallizing, and laminating along with contract film manufacturing and custom film product development. Dunmore services a diverse group of industries including aircraft, spacecraft, photovoltaic, graphic arts & labels, packaging, and insulation. Dunmore is a subsidiary of Steel Partners and is ISO 9001:2015 and OSHA VPP Star certified.

Fendx Technologies Inc. (FNDX)(FDXTF) (E8D) Interview with CEO Dr. Carolyn Myers - June 27, 2023 #fendx #technologies #richtvlive #richtv #stocks #ceo #interview #news

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