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Oryon Enjoys Outstanding Response From Elastolite(R) Product Introduction at Key Industry Conference(June 14, 2012)
DALLAS, TX -- (Marketwire) -- 06/14/12 -- Oryon Technologies, Inc. (OTCQB: ORYN) (PINKSHEETS: ORYN) ("Oryon" or the "Company"), a developer and manufacturer of the innovative and revolutionary next-generation flexible, crushable, water resistant and wearable lighting technology known as Elastolite®, is pleased to report on activities stemming from participation as both an exhibitor and sponsor of the "Smart Fabrics 2012" conference held in Miami Beach this past April (www.smartfabricsconference.com).
Over 150 leaders from around the globe representing fashion, technology, electronics, research, academia, textile and diverse applications communities were in attendance at the 8th annual Smart Fabrics conference. Discussions included everything from the practicalities behind manufacturing the technologies in wearable fabrics to building and marketing smart fabrics as well as developments in applications for smart fabrics. The conference focused on the evolution of smart fabrics, where the industry stands today, and projected next steps in technology implementation.
Of particular note was the opportunity to meet and renew acquaintances with business and design colleagues from numerous industry leading manufacturers. The event also brought together a significant number of scientific leaders from academia plus researchers from related sectors including significant government and military interest. To view a list of exhibitors and attendees please visit: http://www.smartfabricsconference.com/learn-who-youll-meet-at-smart-fabrics.aspx.
Dan Gulden, V.P. of Global Business Development for Oryon, states, "We chose to participate at Smart Fabric 2012 because it was a great opportunity to introduce our technology to a very diverse group of companies in a global environment. I am pleased to report that we were extremely well received and were very busy throughout the event. The amount of interest and discussions post conference has been outstanding and we are pleased to report that subsequent efforts are active and ongoing."
Mr. Gulden continues, "A typical example of interest that we can publicly divulge came from Mr. Michael Corbett, General Manager at Weel Technologies (www.weeltechnologies.com), a company specializing in the integration of wearable electronics applications into apparel, footwear, gloves and bags for customers around the globe." Mr. Corbett notes, "We find Elastolite to be the leader in flexible and washable lighting solutions. We're excited to work with Oryon Technologies on a variety of applications." Gulden concludes, "Based on early responses like this, we can state categorically that our participation has positioned the Company favorably and insofar as talks are ongoing with a number of manufacturers, we are quite satisfied with the potential for tangible results."
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. (OTCQB: ORYN)
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 filed on May 7, 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.
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