CEMATRIX – No Surprises In Q3

CEMATRIX released its Q3 results this morning and although the third quarter sales were only $967,382, the majority of the Company’s revenues are expected and contracted in Q4 with a scheduled $5.2 million left to pour this year.

The cellular concrete specialists secured a record $6.8 million contract during Q3 and now has $17.3 million contracted between now and 2016.

CEO Jeff Kendrick was upfront with investors about the expected third quarter results and how sales were heavily weighted towards yearend when he spoke at our annual Opportunity Knocks Conference on November 6th in Montreal. Mr. Kendrick’s presentation can be viewed by clicking here.

To read today’s full news release click here.

CEMATRIX Corporation Reports Third Quarter Financial Results

Calgary, Alberta – November 26, 2014: CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or the“Company” or “CEMATRIX”) announces the release of its consolidated financial results for the quarter and
nine months ended September 30, 2014.

Third Quarter Highlights

  • The Company secured a record $6.8 million contract, the largest contract in the history of the Company, and several other signed orders for oil sands and refinery and infrastructure projects in the amount of $6.0 million for a total of $12.8 million in aggregate. This year’s total contracted work is now a record $17.3 million. Currently $9.4 million of this contracted work is scheduled for completion in 2014, $6.9 million in 2015 and $1.0 million in 2016.
  • The Company recorded third quarter sales of $967,382, which brings sales for the first nine months of 2014 to $4,298,846. Sales in the third quarter were lower than forecast as a number of projects were re-scheduled to the fourth quarter. The current forecast, based on the scheduled contracted work mentioned above and other forecast sales, is that sales in the fourth quarter will be close to $5.2 million or 55% of the 2014 forecast sales. The Company continues to work on contracting additional work for 2014 and 2015.
  • The loss in the third quarter of $405,994 and the year to date loss of $1,045,884 are the result of the delays in projects and the impact of hiring and training additional operating staff in anticipation of increased activity for projects originally scheduled to commence in the summer, but now contracted and scheduled for the fourth quarter of 2014.

Financial Results

Selected financial information for the quarters and nine months ended September 30, 2014 and 2013 is as follows:

CVX_NR_141126

This press release should be read in conjunction with the Corporation’s unaudited Consolidated Financial Statements and Management Discussion and Analysis for the quarter and nine months ended September 30, 2014, both of which can be found on SEDAR.

CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets, including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution as a replacement for rigid and other insulating materials in frost-susceptible or permafrost conditions. Cellular concrete is also used in void filling situations and as a replacement for granular fills and weak or unstable soils.

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

For further information, please contact:

Jeff Kendrick – President and Chief Executive Officer
Phone: (403) 219-0484

Jeff Walker/Brad Dryer, The Howard Group – Investor Relations
Phone: (888) 221-0915 or (403) 221-0915
jeff@howardgroupinc.com/brad@howardgroupinc.com

Forward-looking information: This news release contains certain information that is forward looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, expect”, “would’ or other similar words). Forward looking statements in this document are intended to provide CEMATRIX security holders and potential investors with information regarding CEMATRIX and its subsidiaries’ future financial and operations plans and outlook. All forward looking statements reflect CEMATRIX’s beliefs and assumptions based on information available at the time the statements were made. Readers are cautioned not to place undue reliance on this forward looking information. CEMATRIX undertakes no obligation to update or revise forward looking information except as required by law. For additional information on the assumptions made and the risks and uncertainties which may cause actual results to differ from the anticipated results, refer the CEMATRIX’s Management Discussion and Analysis dated November 25, 2014 under CEMATRIX’s profile on SEDAR at www.sedar.com and other reports filed by CEMATRIX with Canadian securities regulators.

FLYHT Featured in Venture Cap News – Orders Starting To Roll In From L-3 / Airbus

This morning, FLYHT was featured in an article in Venture Cap News – www.venturecapnews.com. The article highlights key discussion items from FLYHT’s recent third quarter conference call.

The key point addressed in the article was CEO Bill Tempany’s discussion around the company’s L-3 / Airbus rollout, “We are very excited to announce that we did receive an order from L-3 for Airbus factory installs and retrofits for delivery in November. It’s for 35 units and they will be delivered this month. The activities at Airbus have picked up substantially. The L-3 sales team is very excited about our prospects and the number of units we will be doing there and we will be recognizing revenue for at least those 35 in this quarter. So that’s a huge step forward.”

Bill also noted, “Some of our people were at a recent industry event and ran into some Airbus people. Airbus was very pleased with the quality of our work, the performance of the contract to deliver the AFIRS 228 to them for line fit and, in conversations after the sessions, said that it’s been one of the best programs that Airbus had run recently, the adoption of AFIRS for SatCom on the A320.”

The piece also discusses a recent Wall Street Journal article titled “Airliner Tracking to Become Norm”, where the writer acknowledges L-3 and Airbus “are ahead of the herd” (when it comes to implementation of airline tracking). To view the Wall Street Journal article, please click here.

To view the Venture Cap News article, please click here.

FLYHT Receives Airbus A320 Certification from the European Aviation Safety Agency

Calgary, Alberta – November 19, 2014 FLYHT Aerospace Solutions Ltd. (“FLYHT” or the “Company”) (TSX-V: FLY) (OTCQX: FLYLF) reported today it has received a Supplemental Type Certificate (“STC”) for its Automated Flight Information Reporting System (“AFIRSTM”) 228 on the Airbus A320 series aircraft from the European Aviation Safety Agency (“EASA”).

“This STC opens many doors for the AFIRS 228,” commented Jeff Brunner, FLYHT’s Vice President of Certification Engineering & China Operations. “Many smaller countries and leasing companies accept approval from the state of manufacture to install equipment such as AFIRS.”

A STC constitutes regulatory approval to modify an aircraft’s design while retaining airworthiness certification and is necessary to permit retrofit installation of aeronautical products such as AFIRS. A full list of FLYHT’s STCs is available on the company’s website.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information 

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

Kin Communications Inc.
Fred Leigh
(866) or (604) 684-6730
FLY@kincommunications.com

Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com

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

FLYHT CEO – 2015 Could Be A Perfect Storm

Following the overnight release of its Q3 financials, FLYHT management hosted a live conference call to update shareholders on the company’s progress. During the call, CFO Nola Heale reviewed the Q3 results and CEO Bill Tempany discussed a number of new items that could make 2015 a “Perfect Storm”. Those items included a significantly increased sales force, the development of the L-3 Communications and Sierra Nevada Corporation relationships and the pressing China SatCom mandate. Before opening the call to questions Mr. Tempany stated, “We are making progress on all fronts” and “I think 2015 is going to be an excellent year for us.”

Here are some highlights of the call:

  • Q3 revenue was the highest to date in 2014 at $1,808,794.
  • Recurring revenue increased to $927,117, up from $881,903 in Q3/13 and now represents 51% of revenue.
  • The company has made a fundamental shift from a development to a selling organization.
  • The sales force has grown from three to 15 over the past ten months.
  • L-3 Corporation has placed an order for 35 units from Airbus to be delivered in November.
  • Sierra Nevada Corporation has made its first two orders for a total of four units for delivery in Q4
  • Today FLYHT announced a new North American cargo customer. The company has two existing aircraft with AFIRS 220 and will add AFIRS to three additional aircraft. To view the news release please click here.
  • 40% of the Chinese fleet of aircraft must have SatCom capability by the end of 2015. Other than factory installed Inmarsat systems, FLYHT is the only satellite communication system that has been rolled out.
  • Q3 2014 saw FLYHT certified for the Airbus A320 family of aircraft, and FAA issued certification for the Hawker Beechcraft 700/800/900 model aircrafts. A large part of research and development expenses are attributed to gaining engineering certification for new aircraft.
  • In August, FLYHT strengthened its board by appointing Mr. John Belcher and Mr. Barry Eccleston, who have both been working to open doors for the company. During the quarter, Mr. Thomas French retired and the company welcomed Ms. Nola Heale as the new CFO.
  • FLYHT is investing in the ongoing regulatory discussions around flight tracking in order to be a part of the solution. Regulation is not expected to be a short term sales driver.

An archive of the conference call is available on FLYHT’s website, click here to access.

FLYHT Adds New North American Cargo Customer for Real-Time Flight Data Monitoring

Existing AFIRS 220 Units Serve as Catalyst for New Installs

Calgary, Alberta – November 13, 2014 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) reported today that it has signed a contract for the Automated Flight Information Reporting System (“AFIRS™”) with a North American airline specializing in cargo operations. The AFIRS 220 is already installed on two of the airline’s recently acquired Boeing 767-300 aircraft, which they purchased from another FLYHT customer. After understanding what the technology and its benefits were, the Customer purchased three additional AFIRS 228 for their B767-200 aircraft.

The airline will take advantage of the suite of FLYHT’s tools including automated Out, Off, On and In times, flight following, engine exceedance reports, quick access recorder flight data, global voice communications enabled by the Iridium satellite network and added AFIRS features on demand.

“This is an example of an airline that acquired aircraft possessing AFIRS units from another customer and then realized the technology potential to improve their business and operations,” stated Matt Bradley, President of FLYHT. “After we approached them to explain the value of AFIRS they were keen on turning on the service in the existing units and proceeding with additional installations of the AFIRS 228.”

FLYHT will provide equipment and services to the airline over a five-year contract with automatic yearly renewals after the initial term. The Company has the necessary Supplemental Type Certificates for the B767-300s, though needs to secure an STC for the B767-200s, which is anticipated to take up to one month. The airline will be able to turn on services immediately for the aircraft already equipped with the AFIRS 220.

If FLYHT completes installation on all five contracted aircraft and provides recurring service for the full term of the agreement, gross revenue to FLYHT will be approximately $593,250 USD, excluding optional services.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information 

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

Kin Communications Inc.
Fred Leigh
(866) or (604) 684-6730
FLY@kincommunications.com

Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com

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

FLYHT Reports Third Quarter Results

Grants Incentive Stock Options

Calgary, Alberta – November 12, 2014 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the Company” or “FLYHT”) a leading provider of real-time data communications technology for the aviation industry today reported financial results for its third quarter ended September 30, 2014.

“Revenue for the quarter was the highest of the 2014 financial year,” stated Bill Tempany, Chief Executive Officer of FLYHT. “We feel strongly that FLYHT is uniquely positioned to make major inroads in our market as the industry strives to put systems in place to better track and monitor aircraft. Our relationships are strong, our presence in
the industry well known and our technical and client servicing capabilities are ever improving. While the anticipation of regulations has slowed decisions by some airlines; our list of prospects and the pipeline of business we have built has never been stronger. AFIRS is poised to become the leader in meeting future real-time communication mandates as they emerge. As an example, we already have the process and products in place to meet the 2017 mandate for SatCom technology in China.”

Third Quarter Results Include:

  • Revenue of $1,808,794 which represents the best quarter of the 2014 financial year. AFIRS Uptime usage increased 4% compared to Q3 2013 and now accounts for 51% of revenue.
  • Net loss for the quarter at $1,653,147, compared to a Q2 loss of $46,925 and $615,950 loss in Q3 2013.
  • Normalized net loss for the quarter was $1,132,162 (before $520,985 one-time charges for severance, recruitment and relocation costs incurred in the quarter), compared to $1,909,782 loss in Q2 (before the SNC litigation settlement and one-time charges).
  • Modified Working Capital at the end of Q3 of $2,961,070 compared to $760,174 at December 31, 2013.
  • Customer deposits of $1,070,854, an increase of 41.9% over the third quarter of 2013; payments received of $452,449 a decrease of 35.3% compared to the same quarter of 2013.
  • Unearned revenue decreased to $1,272,206 or 14.9% from the third quarter of 2013 as revenue recognized has more closely matched sales shipped not installed and activated by customers.
  • Recurring revenue (AFIRSTM UpTimeTM usage) of $927,117, an increase of 4.9% over the third quarter of 2013.
  • Administration expenses increased to $985,756 versus the third quarter of 2013, or an increase of $412,624 consequent on recruitment costs and a separation payment for the retiring CFO.
  • Net finance costs decreased $61,562 to $166,207 in the third quarter of 2014 due to additional foreign exchange gains.
  • In July, FLYHT announced that its partner L-3 Aviation Recorders received Airbus’ formal notification of certification for the L-3 AFIRS 228S for the Airbus A320 family of aircraft. 
  • In July, FLYHT signed a contract with a national carrier of an African airline for the AFIRS 220 on three Boeing 737-500 aircraft and the AFIRS 228 for DHC-8-Q400, B737-700 and the ERJ190 aircraft. 
  • Also, in July, FLYHT received a re-issued STC for the Hawker Beechcraft 700/800/900 model aircraft from the FAA for the AFIRS 228. 
  • In August, FLYHT announced the appointment of Mr. John Belcher and Mr. Barry Eccleston to the board of directors. 
  • In September, FLYHT appointed Ms. Nola Heale, CA as the new CFO upon the retirement of Mr. Thomas French.

For detailed information FLYHT’s 2014 Third Quarter Report containing the CEO’s Message, Management Discussion and Analysis and Financial Statements has been posted to the Company’s website and can be accessed at http://www.flyht.com/investors/financial-reports-results-centre/. The MD&A and Financial Statements have also been sent to SEDAR and will be accessible at www.sedar.com.

FLYHT will host a live conference call to discuss third quarter results on Thursday, November 13 at 9 am MDT (11 am EDT, 8 am PDT).

To access the conference call by phone within Canada and the U.S. the toll-free number is 1-800-319-4610. Outside Canada and the U.S., dial 1-604-638-5340. (Callers should dial in five to 10 minutes prior to the scheduled start time).

Management will accept questions by telephone and e-mail. Individuals wishing to ask a question during the call can do so by pressing *1. Also questions can be forwarded in advance or during the conference call to investors@flyht.com.

An archive of the conference call will be posted on the Presentations and Webcasts section of FLYHT’s website (www.flyht.com) as soon as it is available.

As part of the formal stock option plan approved at the Annual General Meeting held in June 2014, the senior operations manager, Mr. Matieu Plamondon, has been granted incentive stock options of the Corporation at a price of $0.40 per share for a period of three years, subject to regulatory approval. A maximum of 10% of the issued shares are reserved for issuance for the Corporation’s Stock Option Policy. The options vest immediately and are subject to a four month hold period.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information 

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

Kin Communications Inc.
Fred Leigh
(866) or (604) 684-6730
FLY@kincommunications.com

Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com

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

Argex Titanium to Present at the 8th Annual TZMI Congress 2014

MONTREAL, Nov. 10, 2014 / – Argex Titanium Inc. (TSX: RGX), an emerging producer of high-grade titanium dioxide (TiO2) used as white pigment in paint, plastic, paper, cosmetics and other applications, has been invited to present at the 8th Annual TZMI Congress being held in West Shanghai, November 10-14, 2014 at the Jing An Shangri-La Hotel.

TZMI Congress 2014 brings together titanium and zircon industry leaders from around the world to discuss all aspects of the industries across supply, demand and new innovations. Delegates will have the opportunity to experience updates on global developments across the industry, with a special day added to gain greater understanding and knowledge of China’s important geographical influence.

As an immerging, new low-cost producer of high quality and high purity TiO2 pigment, Argex’s head of sales and marketing, Philippe Guillemaille, will present on Tuesday November 11th at 2:25 p.m. Philippe will discuss the company’s third generation process to manufacturing TiO2, which includes purity beyond 99.8% as well as significant cost and environmental advantages over current legacy TiO2 production methods.

“The TZMI Congress brings together the world’s leading TiO2 players into a collaborative forum,” said Roy Bonnell, president and CEO of Argex Titanium, “So, we are privileged to have this opportunity to showcase our environmentally friendly and low-cost TiO2 process.”

About the TZMI Congress 2014
TZMI is an independent consulting company, operating since 1994, that works with a wide range of global clients to provide insight and expert advice on opaque mineral, metal and chemical sectors. TZMI regularly releases market reports and periodicals on relevant subject matters which support its primary consulting activities with up-to-date, high-quality and comprehensive data, analysis and information.

Delegates at the 8th annual TZMI Congress will have the opportunity to attend more than 30 expert presentations covering the latest industry news on TiO2 pigment and end-uses, titanium feedstocks, zircon, titanium metal and more while also experiencing an industry-wide networking opportunity. For more information on TZMI Congress 2014, visit www.congress.tzmi.com.

About Argex Titanium
Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications.  The company’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods. The company’s primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module as a first step in its goal to transform the 5.2 million tonne per annum TiO2 industry.

Important Cautions Regarding Forward-Looking Statements

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2013, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

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

Company:

Argex Titanium Inc.
Sophy Cesar, Manager, Investor Relations
514-843-5959 Ext.128
sophy.cesar@argex.ca

US Investor Relations:
Liolios Group Inc.
Chris Tyson
949-574-3860
rgx@lilios.com

CEMATRIX Corporation Secures $1.6 Million In Additional Contracts

Calgary, Alberta – November 7, 2014: CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or the “Company” or “CEMATRIX”) is pleased to announce that its wholly owned subsidiary, CEMATRIX (Canada) Inc. has secured another $1.6 million in contracts in aggregate for oil sands and refinery and infrastructure projects. This year’s total contracted work is now a record $17.3 million. Although the new contracts are scheduled to be completed in 2014, some of the work related to the previous contracts has shifted into 2015. Accordingly, $9.4 million of this contracted work is scheduled for completion in 2014, $6.9 million in 2015 and $1.0 million in 2016.

“CEMATRIX continues to achieve record sales and to see a steady growth in both oil sands, refinery and infrastructure type work. Our greatest challenge right now is in completing the work that we have contracted for 2014. We are currently scheduled to produce and place up to sixty percent of our volume for the year in the last quarter. Fortunately our management and operations team were prepared for the increased quarterly production requirements and are well underway to achieving our goal, stated Jeff Kendrick, President of CEMATRIX.”

CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets, including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution for various construction applications. Applications for cellular concrete include tunnel grouting; bridge abutment and retaining wall backfill; insulation of shallow utilities, roads and runways; insulation and/or structural foundations for tank bases and facilities; and as a floating base over weak and unstable or seismic prone soils, for roads and other types of infrastructure.

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

For further information, please contact:

Jeff Kendrick – President and Chief Executive Officer
Phone: (403) 219-0484

Jeff Walker/Brad Dryer, The Howard Group – Investor Relations
Phone: (888) 221-0915 or (403) 221-0915
jeff@howardgroupinc.com / brad@howardgroupinc.com

Forward-looking information: This news release contains certain information that is forward looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, expect”, “would’ or other similar words). Forward looking statements in this document are intended to provide CEMATRIX security holders and potential investors with information regarding CEMATRIX and its subsidiaries’ future financial and operations plans and outlook. All forward looking statements reflect CEMATRIX’s beliefs and assumptions based on information available at the time the statements were made. Readers are cautioned not to place undue reliance on this forward looking information. CEMATRIX undertakes no obligation to update or revise forward looking information except as required by law. For additional information on the assumptions made and the risks and uncertainties which may cause actual results to differ from the anticipated results, refer the CEMATRIX’s Management Discussion and Analysis dated August 6, 2014 under CEMATRIX’s profile on SEDAR at www.sedar.com and other reports filed by CEMATRIX with Canadian securities regulators.

FLYHT Aerospace Solutions Ltd. Schedules Third Quarter Conference Call

Calgary, Alberta – November 6, 2014 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) has scheduled a live conference call to discuss the third quarter results to be held, Thursday, November 13, 2014 at 9 am MDT (11 am EDT, 8 am PDT).

The conference call will include a brief presentation about FLYHT’s third quarter results and then a question and answer period with management.

To access the conference call by phone within Canada and the U.S. the toll-free number is 1-800-319-4610. Outside Canada and the U.S., dial 1-604-638-5340. (Callers should dial in five to 10 minutes prior to the scheduled start time).

Management will accept questions by telephone and e-mail. Individuals wishing to ask a question during the call, can do so by pressing *1. Also, you can email questions in advance or during the conference call to investors@flyht.com.

An archive of the conference call will be posted on the Presentations and Webcasts section of FLYHT’s website as soon as it is available from the conference call provider.  http://flyht.com/investors/videos/

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information 

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

Kin Communications Inc.
Fred Leigh
(866) or (604) 684-6730
FLY@kincommunications.com

Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com

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