DALLAS, TX--(Marketwire - Sep 10, 2012) - Oryon Technologies, Inc. (
As a result of several long awaited international opportunities, Oryon Technologies is sending a senior engineer and a senior applications director to China to oversee the training of staff at a regional manufacturer slated for a key role in the planned ramp to new production levels.
The team is anticipated to spend 10 days or more at facilities located in Hong Kong, the Guangzhou manufacturing district, Dongguan, Shenzhen and Kunshan City. Oryon's commitment to quality is complemented by the level of professionalism exhibited by this proven and highly rated manufacturer. The team's primary goal is to confirm measurable efficiency benchmarks ensuring compliance, safety and regulatory standards are implemented and monitored on an ongoing basis.
Oryon's CEO, Tom Schaeffer, states, "Our aim is to ensure a seamless transition to large scale production and the ability to react quickly to any operational needs as they occur. We have invested considerable effort in preparing for this opportunity and our commitment is reflected in our desire to integrate smoothly with the manufacturers. Our experiences to-date lead us to believe that we will be extremely pleased with the results in very short order."
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information, visit our website at: www.oryontech.com. Watch the Elastolite® product presentation video: www.oryontech.com/investors/presentations.
About Oryon Technologies, Inc. (
Oryon is a research and development and applications engineering company that has developed multiple patents relating to electroluminescent ("EL") lighting (trademarked as "Elastolite"). Elastolite® enables thin, flexible, crushable, water-resistant lighting systems to be incorporated into multiple applications such as safety apparel, sporting goods, consumer goods and membrane switches, among others. Within Oryon's target textile markets alone, billions of units are shipped each year. The market includes outerwear, industrial safety, municipal safety, military, athletic apparel, men's, women's and children's clothing, shoes and gear. These markets generate over $250 billion annual revenues and are second in size only to the food industry. Find out more at www.oryontech.com. Watch the Elastolite® product presentation video: www.oryontech.com/investors/presentations.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the Securities Act of 1933, as amended, and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, reference to new technologies and sales methods as well as financial projections for the size of the market. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. 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 any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any 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 the Form 8-K, as amended, dated May 4, 2012 and 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.