CYMAT ENTERS INTO PARTNERSHIP AGREEMENT WITH GLOBAL AUTOMOTIVE TIER 1 MANUFACTURER

Rhea-AI Summary

Cymat Technologies (OTCQB: CYMHF) has formed a strategic partnership with a global Tier 1 automotive parts manufacturer to design and produce specialized lightweight, energy-absorbing components for the automotive industry. The partnership combines Cymat's Stabilized Aluminum Foam (SAF) technology with the Tier 1 manufacturer's expertise in complex aluminum extrusions.

Working alongside design partner Tesseract Structural Innovations, Cymat is currently developing a new component in response to an RFI from a global automotive manufacturer. The partnership agreement encompasses both design collaboration and manufacturing/assembly capabilities, addressing Cymat's previous limitations in assembling complex SAF-filled aluminum parts.

The collaboration positions Cymat to secure automotive contracts and potentially expand its innovative solutions to multiple automotive OEMs worldwide through its partner's established network.

Positive

• Strategic partnership with global Tier 1 automotive manufacturer enhances manufacturing capabilities
• Access to established automotive OEM network through new partner's relationships
• Addresses key manufacturing limitation for complex SAF-filled aluminum parts
• Currently engaged in active RFI response with global automotive manufacturer

Negative

• Current lack of in-house capability for complex component assembly
• Dependency on third-party partnerships for complete product delivery

MISSISSAUGA, ON, Sept. 8, 2025 /PRNewswire/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the "Company" or "Cymat") is pleased to announce that it has entered into a Partnership Agreement with a global Tier 1 automotive parts manufacturer to design and manufacture proprietary lightweight, energy absorbing components for the automotive industry.

Cymat, together with its automotive component design partner Tesseract Structural Innovations, Inc. ("Tesseract"), has designed, prototyped and tested numerous innovative lightweight, energy absorbing components for the automotive industry. Cymat and Tesseract are currently engaged in the design of a new component in response to an RFI from a global automotive manufacturer.

While Cymat has the experience and manufacturing capacity to deliver the stabilized aluminum foam ("SAF") elements of this new component, it lacks the capability and facilities to assemble such a complex SAF-filled aluminum part. As such, Cymat has entered into a partnership agreement with an automotive Tier 1 parts manufacturer that specializes in the design and manufacturing of complex aluminum extrusions required for this component. The agreement contemplates both design participation and manufacturing/assembly of this part as well as other components that the parties may decide to jointly pursue.

Cymat CEO and Chairman Michael Liik commented "We are excited to be partnered with this major auto parts manufacturer as it completes the last piece of the puzzle needed to secure automotive contracts." He added "As our new partner is an established supplier to this automotive OEM as well as numerous other automotive OEMs around the world, we also look forward to jointly introducing our innovative solutions to a host of new prospective automotive manufacturers."

About Cymat Technologies Ltd.

Cymat Technologies Ltd. has the global rights, through patents and established know-how, to manufacture and sell Stabilized Aluminum Foam ("SAF"), a unique, ultra-light, cellular metallic material. The proprietary production process entails the injection of gases through a molten bath of alloyed aluminum infused with ceramic particles. The result is an advanced, lightweight, recyclable material that exhibits unique characteristics including customizable density and dimensions; mechanical energy absorption; thermal and acoustic insulation; and time, temperature and strain-rate insensitivity. A key benefit of this continuous foam production process is its scalability and resultant low cost of production. SAF is used in such industries as architectural design, military and automotive. Cymat markets its architectural SAF under the Alusion^TM brand and its automotive and military SAF under the SmartMetal^TM brand. For further information, please visit our website at www.cymat.com. 

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

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SOURCE Cymat Technologies Ltd.

FAQ

What is the partnership agreement between Cymat Technologies (CYMHF) and the Tier 1 automotive manufacturer?

The partnership involves joint design and manufacturing of proprietary lightweight, energy-absorbing automotive components using Cymat's SAF technology combined with the partner's aluminum extrusion expertise.

What is Cymat's SAF technology used in automotive applications?

SAF (Stabilized Aluminum Foam) is a unique ultra-light cellular metallic material that offers mechanical energy absorption, customizable density, and thermal and acoustic insulation properties for automotive components.

How will this partnership benefit Cymat's automotive business?

The partnership completes Cymat's manufacturing capabilities, enables them to secure automotive contracts, and provides access to multiple automotive OEMs through the partner's established network.

What role does Tesseract Structural Innovations play in Cymat's automotive strategy?

Tesseract serves as Cymat's automotive component design partner, collaborating on the design, prototyping, and testing of innovative lightweight, energy-absorbing components.

What specific automotive components is Cymat currently developing?

Cymat is currently designing a new component in response to an RFI from a global automotive manufacturer, though specific details of the component were not disclosed.