Stephane Robert, President and CEO of Raymor Industries, had the following to say:

"There is a clear market for the supply of single-walled carbon nanotubes to enhance the properties of polymer-based composite components for aircraft and other applications. Clients with knowledge and experience in polymer processing are critical elements in the supply chain in order to fully integrate Raymor's nanotubes into end-use commercial products. Large, multidisciplinary, international clients, such as the client from today's announcement will allow Raymor's products to be exposed to a wide span of industries, including aerospace and defence. Negotiations continue with other potential clients, and we hope to bring our shareholders up to date on developments here shortly."

Raymor's high quality C-SWNT are produced using a unique, patented, plasma-based process. As compared to the other techniques for commercially producing C-SWNT (CVD, Gas Phase CVD, Arc, Laser Ablation), Raymor produces in a continuous process large volumes of high quality C-SWNT at a reasonable price to facilitate the full integration into commercial products.

C-SWNT are unique forms of pure carbon, which are up to 100 times stronger than steel at 1/6th the weight i.e. very strong, lightweight materials. These materials have impressive electrical properties, as they can conduct electricity up to 1000 times greater than copper. C-SWNT can transfer heat up to 10 times greater than copper. Given these phenomenal properties, C-SWNT will be the technology platform for a multitude of applications, including:

Aerospace:       Electrically active, thermally conductive polymers,
                 nanotube structural enhanced composites; etc.

Defense:         Enhanced lightweight ballistic protection, field
                 sensors; etc.

Energy:          Hydrogen storage for fuel cells, battery electrodes,
                 etc.

Electronics/IT:  Heat sinks; nanochips, hard drive heads, etc.

Medical:         New drug delivery medications, devices, etc.

Sports:          Enhanced golf, tennis, baseball, cycling equipment,
                 etc.

Telecom:         Antennas, microwave amplifier devices, etc.

Automotive:      Fuel cells, structural components, electronics; etc.

Consumer:        Flat panel displays, textiles, paint, efficient
                 lighting, water filtration, etc.

For confidentiality and competitive reasons, terms of this order were not disclosed.

About Raymor Industries

RAYMOR INDUSTRIES INC. (TSX VENTURE:RAR) has as its mission to become a leading developer of high technology for the production of single-walled carbon nanotubes, nanomaterials and other advanced materials for high value-added applications. Raymor Industries operates two wholly-owned, industrial subsidiaries, Raymor Nanotech and AP&C Advanced Powders and Coatings, specializing in nanotechnology and advanced materials, and comprising four divisions: (1) nanotechnology products, including nano-powders, nano-coatings, and single-walled carbon nanotubes (C-SWNT) for "the applications of tomorrow"; (2) thermal spray coatings, which largely targets military, aeronautical, aerospace, specialized industrial, and mining applications; (3) spherical metallic powders, primarily used for biomedical and aerospace applications; and (4) net-shape forming, a component manufacturing technique used for ballistic protection and other aerospace and military applications. Raymor holds the exclusive rights to more than 20 patents throughout the world, with other patents pending.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephane Robert, President.

FOR MORE INFORMATION ON RAYMOR INDUSTRIES, A NANOTECH 100 COMPANY, PLEASE VISIT: http://www.raymor.com

FOR MORE INFORMATION ON THE LIST OF NANOTECH 100 COMPILED BY IANANO, PLEASE VISIT: http://www.raymor.com/en/inthenews.htm

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