Two Alyn Corp. Board Members Resin
IRVINE, Calif. - Alyn Corp. (NASDAQ:ALYN), an advanced metal matrix composite technology company, Wednesday announced the resignation of Robert L. Burr of Fleming Asset Management as chairman of the board and director, and David J. Edwards, vice president of Fleming Asset Management, as director. As a major investor, Flemings continues to be supportive of the company.
Alyn Corp. produces Boralyn, a unique metal matrix composite material that is lighter than aluminum, stronger than titanium and has better wear properties than steel, with principal applications in the nuclear, aerospace, automotive, computer hardware and sporting goods industries.
For additional information, contact Ray E. Brooks, Alyn Corp., 949/475-1525 or email: Investor_Relations@alyn.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are fluctuations in quarterly operating results, limited historical revenues and prior losses, the company's limited manufacturing history, market acceptance of the company's products in commercial quantities, the need for future capital, rapid technological change and new product development, competition and other factors detailed in the company's filings with the Securities and Exchange Commission, including its filing on Form 10-K for the year ended Dec. 31, 1999.
Contact: Alyn Corp., Irvine Ray E. Brooks, 949/475-1525 Investor_Relations@alyn.com