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CEMATRIX Receives New Contracts for Oil and Gas and Infrastructure Projects

CEMATRIX Corporation (the "Corporation" or the "Company" or "CEMATRIX") is pleased to announce that its wholly owned subsidiary, CEMATRIX (Canada) Inc. has secured $2.6 million in additional contracts, bringing this year's contracted total to $8.4 million.

"These new contracts are for oil and gas and infrastructure projects from across Canada and include significant change orders for projects that have been underway for some time. It is apparent that our customers continue to appreciate the advantages of our product over various alternatives, as they continue to find new applications for our cellular concrete within their projects," stated Mr. Kendrick, President and CEO of CEMATRIX.

CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution for various construction applications. Applications for cellular concrete include tunnel grouting; bridge abutment and retaining wall backfill; insulation of shallow utilities, roads and runways; insulation and/or structural foundations for tank bases and facilities; and as a floating base over weak and unstable or seismic prone soils, for roads and other types of infrastructure.


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