NEWS. Update
Garmatex Holdings Discusses Mission Statement and Outlines Growth Strategy for Performance Fabrics Brand
Newsfile Corp.
Newsfile Corp
Chilliwack, British Columbia--(Newsfile Corp. - March 15, 2017) - Garmatex Holdings Ltd. (OTC Pink: GRMX) ("Garmatex Holdings" or the "Company") is pleased to provide this discussion regarding its mission statement and growth strategy.
Garmatex Holdings (GRMX) recently executed a non-exclusive Master Sublicense Agreement with Garmatex Technologies, Inc. ("Garmatex") whereby the Company was granted various Intellectual Property Rights related to the design, development and manufacturing of various scientifically-engineered performance technologies and fabrics.
"Our mission is to fully leverage the revolutionary Garmatex performance fabric technologies to develop innovative solutions across all markets," commented Devon Loosdrecht, CEO and President of Garmatex Holdings. "To accomplish this far-reaching mission, our primary strategy will be to position our intelligent performance fabrics as a premium ingredient brand for use by select manufacturers across the world, just as Gore-Tex® has done within the same market. Our opportunity seems even greater than that when you factor in the number of unique performance fabrics that Garmatex has developed."
Garmatex's revolutionary performance technologies and fabrics include the patented T3® design, Bact-Out®, CoolSkin®, WarmSkin®, Kottinu™, ColdSkin™, SteelSkin™, Satinu™, RecoverySkin™, SlimSkin™, AbsorbSkin™ and IceSkin™.
Each Garmatex fabric offers performance and have wide applications in multiple clothing and textile categories including sporting apparel, medical, sleepwear, linens, undergarments, military, designer wear, protective, industrial, safety and concealment.
Devon Loosdrecht concluded, "Our business strategy of controlling the underlying proprietary fabric technology and then selling directly to mills and established brands should enable us to capture value along the entire supply chain, and scale up quickly as the Garmatex brand gains momentum with designers and consumers."
Further updates regarding Garmatex Holdings and Garmatex performance fabrics will be made as additional information becomes available.
Contact:
Garmatex Holdings Inc. - Investor Relations
(778) 823-3104
E-mail: devon@garmatexholdings.com
