Full Press Release Details
Technologies Ends Patent License Agreement With O2TODAY
LAKE CITY, November 5, 2021 (GLOBE NEWSWIRE) - SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) ("SINTX"
or the "Company"), an original equipment manufacturer of advanced ceramics for medical and non-medical applications, announced
today that it has ended its Patent License Agreement with O2TODAY following O2TODAY's delay in bringing a product to market.
previously announced this past August that it was re-evaluating its joint development efforts with O2TODAY due to delays in development.
Nevertheless, SINTX will look to identify new ways to collaborate with O2TODAY to develop antiviral, antimicrobial fabrics containing
SINTX FleX SN-AP silicon nitride powder while exploring other possible partnerships.
development of antipathogenic mask and fabric technology using FleX SN-AP continues to be important to SINTX as it is part of its broader
business strategy to develop fabric applications. FleX SN-AP has shown rapid antipathogenic activity against a broad spectrum of bacteria
and viruses including SARS-CoV-2. The Company will continue to work with OEM partners to develop products utilizing its FleX products
for masks as well as other products.
SINTX Technologies, Inc.
Technologies is an OEM ceramics company that develops and commercializes advanced ceramics for medical and non-medical applications.
The core strength of SINTX Technologies is the manufacturing, research, and development of 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.
more information on SINTX Technologies or its advanced ceramics material platform, please visit www.sintx.com.
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: the Company and its partners may not be successful in the application of silicon nitride powder into fabrics and the subsequent
development of products from those fabrics in a manner that will prove be to be safe and effective for their intended uses and functions;
regulatory clearance to use products in which silicon nitride has been applied to enhance antipathogenic properties may be lengthy and
expensive; volatility in the price of SINTX's 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; SINTX's 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 management's 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 SINTX's 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 SINTX's 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.
Inquiries for SINTX:
Inquiries for SINTX: