GLOBAL MATRECHS (OTC:GBMR)
Industry: Technology
Global Matrechs, Inc. (Global Matrechs), formerly known as HomeCom Communications, Inc., is a Web design, financial applications and solutions provider to the financial services market, including banking, insurance, securities brokerage firms and other financially oriented web portals. The Company markets and sells technologies licensed from Eurotech to manufacturers and other parties. Global Matrechs' products include NuCap, HNIPU, EMR/AC, RAD-X, Rapidly Biodegradable Hydrophobic Material (RBHM), Liquid Ebonite Material (LEM) and Firesil. On December 31, 2004, the Company acquired True To Form, Limited (True To Form), a maker of specialized lighting products for a range of markets. On December 29, 2005, Global Matrechs completed the sale of True To Form back to its original owner. NuCap NuCap was formerly called EKOR. As a silicon-based elastomer, NuCap's adhesive properties allow it to stick to a variety of wet or dry surfaces and materials. When applied, NuCap materials surround and immobilize radioactive or hazardous debris ranging from fine dust to large pieces of equipment and, in combination with their fire resistant and water-proof properties, prevent such debris from migrating by water or as air-borne particles. NuCap materials also possess other performance characteristics, such as chemical resistance, fire resistance, heat resistance and resistance to environmental aging and degradation from radiation. In addition, NuCap comes in multiple product forms and can be applied using specified methods for waste-coating and encapsulation. The NuCap product family's performance characteristics and flexibility of form make it a tool for a spectrum of applications. There are five basic forms of NuCap: Sealer Plus, which can be sprayed to coat containers or cover contaminated surfaces; Foam, which is pumped in a range of densities to fill crevices, ducts or pipes; Grout, applied in a pour and mix method, which can be used to make shapes for shielding or to macroencapsulate items to form an unleachable monolith for transportation or disposal; Matrix, applied in a pour and mix method, which can be used to microencapsulate radioactive or hazardous wastes to form an elastomeric monolith for transportation or disposal, and StoneStore, applied in a pour and mix method, which can be used to microencapsulate highly radioactive waste and will form a ceramic monolith for permanent disposal. HNIPU HNIPU is a hybrid polyurethane that does not involve the toxic isocyanates utilized in the production of conventional polyurethane. HNIPU is used in a number of industrial application contexts, such as manufacturing automotive components, paints, foams, plastics and truck bed liners; aerospace sealants, industrial adhesives, coatings, flooring, glues; industrial equipment and machinery, and consumer goods, such as appliances, footwear, furniture and plastic products. On November 17, 2003, Global Matrechs entered into an agreement with Environmental Friendly Materials, GMBH (EFM), for the manufacture and sale of HNIPU for the European marketplace. EFM has been given license to manufacture and distribute HNIPU. In May 2005, the Company received approval to sell HNIPU in the United States from the United States Environmental Protection Agency (EPA). In February 2006, Global Matrechs received a commercial order on HNIPU from a paint manufacturer in Israel. EMR/AC Eurotech licensed certain rights to Acoustic Core and Electromagnetic Radiography for specific markets, consisting of illicit material detection; above surface or subsurface nuclear or other hazardous material remediation; marine dredging sites (inland and ocean), and oil exploration, from Trylon Metrics, Inc. Eurotech licenses the illicit materials detection application to another company and licenses the remaining three applications to Global Matrechs. These technologies use a non-contact inspection methodology that creates signals that are then interpreted by a digital analyzer that allows identification of elemental or compound materials from their empiric
As Of: 10/07 00:00 ET
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