Monday, July 21, 2014

Hybrid Coating Technologies Expands Technology With New Polyurethane Patent to Cover Hardwood Floors


SAN FRANCISCO, July 21, Jul 21, 2014 (GLOBE NEWSWIRE via COMTEX) Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it is entering into the global wood protection coatings market, which according to reports by the research group Freedonia is valued at $4.14 billion in the US alone. The company s new patent allows for a substantial increase in the product s elongation characteristics of up to 300% while maintaining the same high quality mechanical and chemical resistant properties its products are known for. We are very pleased to have yet another patent filed as we continue to increase our IP portfolio and broaden our reach by adding new verticals that we can service in the polyurethane industry, said Joseph Kristul, President and CEO of Hybrid. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange
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