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SINTX Technologies Announces the Sale of First Silicon Nitride


GlobeNewswire Inc | Jun 30, 2021 09:00AM EDT

June 30, 2021

SALT LAKE CITY, June 30, 2021 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (SINTX or the Company), an original equipment manufacturer of silicon nitride ceramic for medical and non-medical applications, announced today it has moved into the next phase of its relationship with O2TODAY and sold the first shipment of FleX SN-AP antipathogenic silicon nitride powder to O2TODAY for integration into a proprietary line of masks and filters.

O2TODAY announced on its website today that it is taking limited pre-orders for masks and mask filters integrated with SINTXs antipathogenic powder, said Dr. Sonny Bal, President and CEO at SINTX Technologies. We share the excitement at this development, and weve appreciated the opportunity to collaborate on the development of O2TODAYs products over the past year.

SINTX is the supplier of FleX SN-AP antipathogenic silicon nitride powder to O2TODAY. The powder is used to make O2TODAYs face masks and mask filters which were developed during a collaboration entered by the two companies in the midst of the 2020 COVID-19 pandemic. That collaboration has led to several milestones including a 2-year Technology License Agreement with a fee for the exclusive use of SINTXs technology in face masks and mask filters, a commercial agreement on silicon nitride sales, and royalties from product sales.

SINTX continues to work with other partners to develop products with its FleX SN-AP powder. SINTXs FleX SN-AP can rapidly inactivate a wide range of bacteria, molds, and viruses, including SARS-CoV-2, Influenza A, and H1N1. FleX SN-AP can be incorporated into many consumer products and touch surfaces, making them resistant to disease-causing microbes. The SINTX R&D team has the knowledge and expertise to create niche applications with FleX SN-AP technology to enhance your companys products.

O2TODAYs masks and filters with silicon nitride are expected to become available for limited pre-orders starting on July 6, 2021. For more information please visit https://o2today.com/products/sinpro

or direct inquiries toinfo@o2today.com.

About SINTX Technologies, Inc.

SINTX Technologies is an OEM ceramics company that develops and commercializes silicon nitride for medical and non-medical applications. The core strength of SINTX Technologies is the manufacturing, research, and development of silicon nitride ceramics for external partners. The Company presently manufactures silicon nitride powders and components in its FDA registered, ISO 13485:2016 certified, and ASD9100D certified manufacturing facility.

For more informationon SINTX Technologies or its silicon nitride material platform, please visitwww.sintx.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA) that are subject to a number of risks and uncertainties. Risks and uncertainties that may cause such differences include, among other things: that O2TODAY will be able to manufacture a face mask incorporating FleX SN-AP antipathogenic silicon nitride powder and that it will be able to manufacture such face marks in commercial quantities; demand for O2TODAYS face mask is uncertain and it may not be able to manufacture at a cost that is competitive with other face masks; no assurance can be given the O2TODAY mask and filters will become available for limited pre-orders starting July 6, 2021; volatility in the price of SINTXs common stock; the uncertainties inherent in new product development, including the cost and time required to commercialize such product(s); market acceptance of our products once commercialized; SINTXs ability to raise funding and other competitive developments. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect managements current estimates, projections, expectations and beliefs. There can be no assurance that any of the anticipated results will occur on a timely basis or at all due to certain risks and uncertainties, a discussion of which can be found in SINTXs Risk Factors disclosure in its Annual Report on Form 10-K, filed with the Securities and Exchange Commission (SEC) on March 22, 2021, and in SINTXs other filings with the SEC. SINTX disclaims any obligation to update any forward-looking statements. SINTX undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report.

Business Inquiries for SINTX:SINTX Technologies801.839.3502IR@sintx.com

Media Inquiries for SINTX: Amanda Barry Director of PR and ContentThe Summit Group abarry@summitslc.com

Attachment

-- SINTX Technologies, Inc







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