CALGARY, Alberta, April 27, 2021 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCBB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products announces that Anna Cuglietta, a senior human resources professional with strong business acumen and proven expertise in performance management and leadership coaching has joined the Board of Directors of the Company.

Ms. Cuglietta currently serves as Vice President Human Resources for a top five Canadian construction company with revenues greater than $1 billion serving the Canadian construction and industrial services markets.  Ms. Cuglietta has over 20 years of experience in senior human resources and people leadership positions at several leading regional and national organizations. Ms. Cuglietta holds an MBA from the University of Alberta and post graduate Education Certificates in Human Resources and Executive Coaching.

“Anna is an exceptional addition to the Board. She is a seasoned executive with a diverse background with especially strong construction and human resources experience. Her experience will prove invaluable as we continue along our growth path and our ongoing need to add additional management and employees across North America. I look forward to working with Anna and the rest of the Board as we move forward with the successful execution of our strategic plan.” stated Jeff Kendrick, President and CEO of CEMATRIX.

“We are pleased to welcome Anna to the Board of Directors. We believe Anna is great fit for the culture of the Company and the Board. The entire Board is looking forward to working with Anna and to her future contributions to the governance and strategic direction of Cematrix.” stated Minaz Lalani, Chairman of the Board of CEMATRIX.

For further information on CEMATRIX’s Board of Directors, please visit www.cematrix.com.

ABOUT CEMATRIX
CEMATRIX is a rapidly growing, cash flow positive company that manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. This unique cement-based material with superior thermal protection delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial (including oil and gas) and commercial markets. Through recent acquisitions of Chicago based MixOnSite and Bellingham based Pacific International Grout, CEMATRIX is now North America’s largest Cellular Concrete company. For more information please visit our website at www.cematrix.com.

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". The forward-looking statements contained in this news release are based on certain key expectations and assumptions made by the Company, including satisfaction of regulatory requirements in various jurisdictions and the Company’s anticipated use of the net proceeds of the Offering. Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, which could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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

Glen Akselrod – President, Bristol Capital
Phone: (905) 326 1888 ext 1
glen@bristolir.com

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