Graphene 3D Announces Changes to the Board of Directors

Tickers: XOTC:GPHBF, XTSX:GGG
Tags: Technology

July 31, 2017 / TheNewswire / Calverton, NY - Graphene 3D Lab Inc. ((TSX-V: GGG, OTCQB:GPHBF) (the "Company") announces that Mr. Roman Rabinovich has been appointed to the Board of Directors, effective immediately.

Mr. Rabinovich serves as a Senior Director at FTI Consulting. FTI Consulting is one of the largest business advisory firms providing advice and services which include, but are not limited to business restructuring, mergers and acquisitions and business performance improvement. Mr. Rabinovich has tremendous experience in strategic development, transaction advisory, litigation support, and business restructuring engagements. He specializes in analysis of corporate finance and building optimal pricing strategies to improve sales growth.

Daniel Stolyarov, President, Co-CEO and Director says, "We are pleased to welcome Mr. Rabinovich to the Board of Directors and sincerely believe that his expertise and experience are valuable additions to the Company".

Mr. Rabinovich will be replacing Mr. A. Paul Gill who resigned from the Company's board effective July 28, 2017. Management and the Board sincerely thank Mr. A. Paul Gill for his contributions to the development of the Company, and wishes him well in his future endeavors.

Grant of Stock Options

Subject to the terms of Company's stock option plan and TSX approval, the Company granted an aggregate of 300,000 stock options to Mr. Rabinovich at an exercise price of $0.105 valid for five years from the date of grant, July 28, 2017.

About Graphene 3D Lab, Inc.

Graphene 3D Lab, Inc. is a world leader in the development, manufacturing, and marketing of proprietary composites and coatings based on graphene and other advanced materials. These diverse materials have a wide spectrum of commercial, research, and military application. The Company's wholly owned subsidiary, Graphene Laboratories Inc., currently offers over 100 graphene and related products to a client list comprised of more than 12,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients include: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. The Company's suite of products is available online on the company's e-commerce platform Graphene Supermarket (www.graphene-supermarket.com).

The 3D printing division of the Company offers a portfolio of 3D printable filaments. These materials can be purchased through multiple distribution networks worldwide or directly from the web-store www.blackmagic3D.com.

Adhesive materials produced by the company are distributed under the G6-EpoxyTM trade name and can be purchased at https://g6-epoxy.com/.

The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has eight US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.

ON BEHALF OF THE BOARD

Daniel Stolyarov,

President & Co-CEO

For More Information:

Commercial Inquiries: Daniel Stolyarov Co-Chief Executive Officer Telephone: (631) 405-5113 Email: daniel.stolyarov@graphene3Dlab.com

Investor Inquiries: Investor Relations Coordinator Telephone (631) 405-5114 Email: investors@graphene3Dlab.com

FORWARD-LOOKING INFORMATION

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING INFORMATION" WITHIN THE MEANING OF APPLICABLE SECURITIES LAWS. FORWARD-LOOKING INFORMATION IN THIS NEWS RELEASE INCLUDES STATEMENTS ABOUT COLLABORATION AND MATERIAL SALES BETWEEN GRAPHENE 3D LAB AND TONER PLATICS.

IN CONNECTION WITH THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE, THE COMPANY HAS MADE NUMEROUS ASSUMPTIONS, REGARDING, AMONG OTHER THINGS, SALES TO BE MADE BY TONER PLASTICS AND GRAPHENE 3D MATERIALS AND COLLABORATIONS TO TAKE PLACE BETWEEN GRAPHENE 3D AND TONER PLASTICS. WHILE THE COMPANY CONSIDERS THESE ASSUMPTIONS TO BE REASONABLE, THESE ASSUMPTIONS ARE INHERENTLY SUBJECT TO SIGNIFICANT UNCERTAINTIES AND CONTINGENCIES.

ADDITIONALLY, THERE ARE KNOWN AND UNKNOWN RISK FACTORS WHICH COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY THE FORWARD-LOOKING INFORMATION CONTAINED HEREIN. KNOWN RISK FACTORS INCLUDE, AMONG OTHERS: INCOMPATIBILITY OF THE TECHNOLOGIES OWNED BY GRAPHENE 3D AND TONER PLASTICS; EITHER PARTY, FOR ANY REASON, CHOOSING NOT TO MOVE FORWARD IN JOINT COLLABORATION OR WITH THE SALES OF MATERIALS.

A MORE COMPLETE DISCUSSION OF THE RISKS AND UNCERTAINTIES FACING THE COMPANY IS DISCLOSED IN THE COMPANY'S CONTINUOUS DISCLOSURE FILINGS WITH CANADIAN SECURITIES REGULATORY AUTHORITIES AT WWW.SEDAR.COM. ALL FORWARD-LOOKING INFORMATION HEREIN IS QUALIFIED IN ITS ENTIRETY BY THIS CAUTIONARY STATEMENT, AND THE COMPANY DISCLAIMS ANY OBLIGATION TO REVISE OR UPDATE ANY SUCH FORWARD-LOOKING INFORMATION OR TO PUBLICLY ANNOUNCE THE RESULT OF ANY REVISIONS TO ANY OF THE FORWARD-LOOKING INFORMATION CONTAINED HEREIN TO REFLECT FUTURE RESULTS, EVENTS OR DEVELOPMENTS, EXCEPT AS REQUIRED BY LAW.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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