GMG Appoints Nu-Calgon as THERMAL-XR(R) Distributor for North America

GMG Appoints Nu-Calgon as THERMAL-XR(R) Distributor for North America

BRISBANE, AUS, July 27, 2023 - (ACN Newswire) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG has signed a THERMAL-XR(R) distribution agreement with Nu-Calgon Wholesaler, Inc ("Nu-Calgon"). Nu-Calgon is the leading Heating Ventilation Air Conditioning, and Refrigeration (HVAC-R) specialty chemical supplier in North America and will partner with GMG to provide THERMAL-XR(R) to the HVAC-R markets in the United States of America, Mexico, Canada and the Caribbean.

Nu-Calgon, formerly Calgon Corporation and Calgon Vestal Laboratories, has been a leader in North America's HVAC-R aftermarket for over 70 years. It is strategically headquartered in St. Louis, Missouri, where it distributes its products to thousands of distribution and stocking locations. THERMAL-XR(R) allows Nu-Calgon to continue distributing HVAC-R coatings to their existing distributors with the added value of graphene-enhanced superior heat transfer and corrosion protection.

GMG is in the process of obtaining USA EPA approval for the THERMAL-XR(R) and is reviewing the requirements for Canada, Mexico and the Caribbean countries.

GMG's Managing Director and CEO, Craig Nicol, stated: "We are excited to work with one of the best HVAC-R speciality chemical companies in the North America market with the goal of increasing revenue from our Energy Savings solutions - one of our key objectives for 2023. Nu-Calgon has a great distribution network, a system to train contractors and deploy THERMAL-XR(R) and many years of industry experience. Both parties plan to announce the partnership in more detail as the formal launch date is finalised later this year.

I commend the GMG team led by Mark Lock, the General Manager of Sales and GMG's North American Representative Steve Hutchcraft, for their leadership."

DeWight Wallace, Nu-Calgon's President, commented: "We are very pleased to work with GMG on introducing the THERMAL-XR(R) product into the HVAC-R markets for North America - We are always looking for new and innovative technologies and solutions for the HVAC-R market. Thermal-XR is a great fit and will help contractors provide real energy savings to the end user. We are excited to launch this product through our existing distribution network in early 2024 and look forward to providing its Energy-Saving opportunities for our customers."

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GMG's 4 critical business objectives are:

1. Produce Graphene and improve/scale production process
2. Build Revenue from Energy Savings Products
3. Develop Next-Generation Battery
4. Develop Supply Chain, Partners & Project Execution Capability

About Nu-Calgon (www.nucalgon.com)

Nu-Calgon supplies a complete line of specialty chemical products for the HVACR aftermarket that includes: coil cleaners, leak sealants, air purifiers and refrigeration oils, water treatment, ice machine maintenance, and other specialty applications. These products are marketed to air conditioning, heating, refrigeration, and plumbing wholesalers, food service/restaurant suppliers and OEMs.

Nu-Calgon has dedicated factory sales professionals located across the United States and Canada, providing many years of sales and product experience. A state-of-the-art order entry system accesses the Nu-Calgon inventory at the centralised distribution center, enabling prompt, accurate order processing and complete order shipment within 24 hours.

About GMG (www.graphenemg.com)

GMG is a clean-technology company that seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").

For further information, please contact:

Craig Nicol, Chief Executive Officer and Managing Director of the Company at This email address is being protected from spambots. You need JavaScript enabled to view it., +61 415 445 223
Leo Karabelas at Focus Communications, This email address is being protected from spambots. You need JavaScript enabled to view it. , +1 647 689 6041

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