Cal-Bay in Negotiations for State of the Art Lightweight Fiber Material for Production of Alternative Tire Belt Material
September 30 2013 - 8:30AM
Access Wire
LAS VEGAS, NV- (Accesswire) September 30th
2013 Cal-Bay International, Inc. (Pinksheets:CBYI) Today announced
the company has entered negotiations with a Virginia based
manufacturing company whose state of the art patented technology
allows for the production of lightweight automotive wheel rims and
a potential replacement of the Steel Belts used in conventional
tire manufacturing. Whilst the material has many other
applications, the focus and negotiations for Cal-Bay is in the
automotive and vehicular sector.
The cost comparative material is a much more durable than
traditional carbon fiber alternatives, and is derived from natural
resources. Laboratory tests to date have confirmed the high
strength, dimensional stability, design flexibility and excellent
electrical properties are some of the characteristics that ensure
optimum performance and economy with this highly engineered
material. For the automotive industry the following thermal tests
alone prove the product appears to be one of the optimum naturally
derived recyclable materials available today, with a Working Range
of 200F to 1400F and a melting point of approximately 3000F along
with a Heat Transfer Factor w/m of 0.031 - 0.038, this
material used in the manufacture of Wheel Rims and Tire Belts,
could easily be one of the safest and innovative materials
available today.
A Cal-Bay spokesperson confirmed the company has been in
negotiations for some time with the manufacturer and is awaiting
additional data from the extensive tests performed by the company
for use of the fiber material used as an alternative to the steel
belts, currently used in the manufacturing of conventional
tires.
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Litigation Reform Act of 1995. These forward-looking statements
generally can be identified by phrases such as CBYI or its
management "believes," "expects," "anticipates," "foresees,"
"forecasts," "estimates" or other words or phrases of similar
import. Similarly, statements herein that describe the Company's
business strategy, outlook, objectives, plans, intentions or goals
also are forward-looking statements. All such forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements.
Contact
Investor Relations:
Tel: (949) -375-3208
Email: ceo@calbayinternational.net
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