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Karma11

06/07/17 11:20 PM

#68190 RE: jrockcray #68189


Letter from the CEO

"Due to the request of many of our shareholders for more information about the development and progress of our company, we have decided to publish a quarterly newsletter. We hope this information will supplement the news releases we issue on a regular basis and give interested parties deeper insight into the company’s operations and the future of our industry.

In this first newsletter we present a brief summary of the progress made at this year’s European Coating Show in Nuremberg, Germany and share the most recent developments by European regulatory bodies in restricting the use of isocyanates. In addition, I am very excited about the progress we are making in selling final coating formulations in the US through our distributor, Industrial Finishes & Systems. We have provided a link to a few photos of some of Industrial Finishes most recent applications.

Lastly, I want to encourage all of our investors and other interested parties to continue to ask questions and give us your feedback of what you would like to see in our newsletters. "

Sincerely,

Joseph Kristul
President & CEO

2017 European Coatings Show Report, Nuremberg, Germany

Every two years the European Coatings Show (ECS) is held in Nuremberg, Germany. The show is primarily attended by coatings raw material suppliers, manufacturers, distributors and toll producers. HCT attended this year’s ECS on April 4th – 6th. This is the third time HCT has attended the ECS, which is the largest coatings show in the world. At each show, HCT has received a lot of interest from many new prospective clients, primarily for its coatings products, but also for its foam products.

This year was no different. Over 200 new clients came to HCT’s booth to learn more about its unique zero isocyanate coatings and foam technologies. The majority of the new clients were from West and Eastern Europe, Southeast Asia and North America. HCT is now working to respond to many of these new clients requests for samples. The company is also moving forward with multiple companies it met at ECS to carry out new development work.