IBC Advanced Alloys Corp.(CVE:IB) reports that it has signed an exclusive distribution agreement for Swissmetals’ CN8 high performance alloy.

CN8 combines very high mechanical and good corrosion resistance with excellent friction properties that are superior to those of any other type of alloy currently used in this type of application. CN8 is an environmentally sensitive material that can be recycled without special precautions having to be taken. CN8 will compete directly with several existing alloys but offers superior performance and material characteristics including corrosion and wear resistance.

Anthony Dutton, President and CEO of IBC says:

“We are very pleased to have signed this distribution agreement with Swissmetal and to have the opportunity to work more closely with this highly respected company.” “CN8 is an excellent and innovative new product and we are excited about the prospects for this new alloy in the North American market. We look forward to working closely with Swissmetal to raise CN8′s brand awareness and market penetration in Canada and to extending our marketing efforts and partnership globally as we develop demand for CN8 and IBC’s other advanced and beryllium based alloys.”

For complete news release, click here.

For IBC’s company profile, click here.

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