07-01-2010

Back from OMTEC

Following Maetta’s presentation of its Metal Injection Molding Technology at the Orthopaedic Manufacturing & Technology Exposition and Conference (OMTEC) in Rosemont, Illinois, on June 24th and 25th, please find here the link to retrieve electronic versions of documents presented.

We look forward to discussing how we can partner to provide efficient prototypes and cost saving solutions.

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03-29-2010

MAETTA SCIENCES CLOSES FINANCING OF 1.6 M$

Boucherville, March 29th 2010 – Maetta Sciences, Canadian specialist in Metal Injection Molding is pleased to announce the closing of a private financing of 1.6M$. All shareholders of the company participated in the financing: Caisse de dépôt et placement du Québec, European Fund Manager ACE Management through FCPR AEROFUND, FIER Longueuil, Fonds Soutien Longueuil and, Investissement MSCI.

Mr. Pierre-Georges Roy, Chairman of the Board:
« Although Maetta was initially involved in aerospace, its expansion in the medical sector in Europe and in the US is accelerating. All the shareholders of the company have contributed to this round of financing. This confirms their trust in the team and in the future of the company ».

Mr. Yvan Beaudoin, President and CEO :
« The interest for our technology in the medical sector is phenomenal mainly because of the substantial cost reduction and new design possibilities it brings. We work with leading European and US orthopaedic companies on key projects. This financing will allow for the rapid growth required to meet our clients’ rising demand and the completion of products aimed at the medical and aerospace sectors. We also plan to hire personnel to meet the increase in sales. »

Maetta is specialized in the development of net-shape manufacturing technologies based on powder injection molding. The company collaborates in the design and manufactures to final shape complex parts that provide improved functionality and significant cost reduction to its customers via its proprietary metal injection molding process (MIM). www.maetta.ca.

About ACE Management


ACE Management is a portfolio management specializing in private capital investment in technology companies around the sectors of the Aerospace, Defence and Security. ACE Management advises or manages eight investment vehicles representing more than 450 million dollars in capital on behalf of industrial and financial leaders that include: EADS, Airbus, Safran and Fonds de Solidarite des Travailleurs du Quebec (FSTQ). ACE Management invests in companies with high technology content, strong growth potential and able to play a role in structuring their business segment. It supports in particular the consolidation and development of first and second tier sub-contractors in the field of aeronautics.

About FIER Longueuil


FIER Longueuil is a member of the Fonds d’Intervention Économique Régionaux. It invests in companies of various sectors with the potential for strong growth and returns.

About Fonds Soutien Longueuil


Fonds Soutien Longueuil provides financial assistance to the creation and expansion of companies, and the improvement of working capital. Investment in equity and quasi-equity may reach $ 250 000.The CLD Longueuil acts as manager of the fund.

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05-19-2009

The Maetta System: Why MIM Is Also Very Cost Efficient For Small Production Volumes

The growth of the Metal Injection Molding (MIM) technology over the last decade has been driven by its efficiency in high production volume. However, until now, MIM has failed to offer efficient prototyping capability and low production costs with regards to low production volumes typically required in the medical and aerospace markets. In fact, the high cost of tooling and set up in conventional MIM often makes prototyping and low volume manufacturing prohibitive. As a result, several industries that typically require smaller production volumes have been denied the design flexibility and manufacturing efficiency of MIM. In the recent years, Maetta Sciences has developed a new scalable manufacturing process based on MIM (”the Maetta SystemTM“) that offers efficient prototyping and low production costs with regards to small production volumes.  The Maetta SystemTM combines design flexibility and production efficiency with low tooling cost, making business cases for prototyping and low volume manufacturing very attractive. Skeptical? The cost of our tooling for prototyping varies between $100 and $1,500. The cost of tooling for production is usually below $5,000.  Curious?  Watch this video of manual metal injection molding. Of course, molds can also be automated if the production volume requires it.

 

 

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04-29-2009

Maetta Announces Nomination of CEO

Boucherville, April 29th 2009 – Maetta is pleased to announce the nomination of Mr. Yvan Beaudoin as Chief Executive Officer of the company. The announcement was made today by Mr. Pierre-Georges Roy, Chairman of the Board.

Mr. Beaudoin has over 20 years of experience holding executive positions in technology and medical companies in Canada, the US and Europe. Prior to joining Maetta, Mr. Beaudoin spent six years as Chief Operation Officer and Vice President Sales and Marketing at Orthosoft, a Montreal-base developer of navigation systems and instruments for orthopeadic surgeries. In that position, he oversaw the strategic development of the company, negotiated development and distribution contracts with multinationals of the orthopaedic industry and executed the sale of the company to Zimmer in 2008. Mr. Beaudoin holds a Bachelor of Science from McGill University and a MBA from the University of Toronto.

Mr. Pierre-Georges Roy, Chairman of the Board: “Maetta has started the commercialization of its technology and is entering into a phase of rapid expansion. In that respect, Mr. Beaudoin has an impressive track record in markets targeted by the company. He brings tremendous experience and leadership to an already very talented team and I believe he will have a great impact on the progression and growth of Maetta”.

Maetta is specialized in the development of net-shape manufacturing solutions based on powder metallurgy for complex gas turbines components as well as orthopaedics and dental implants and instruments. Relying on a revolutionary system based on powder injection molding technologies (“PIM”), the “Maetta System™”, Maetta offers rapid and economical prototyping equipment and production lines to produce small parts with complex shapes made of a wide range of metallic and ceramic materials.

The Maetta System™ consists of proprietary equipment, feedstocks and processes, as well as specifically designed instrumentation and controls. In what is an innovative breakthrough in the industry, the Maetta System™ is entirely integrated from rapid prototyping to high volume production. From the early stages of design, through prototyping, all the way to small and high volume production, Maetta offers the capacity to rapidly and efficiently produce any desired volume of identical parts.

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04-27-2009

What is RSS ?

Ever wondered what that little orange icon is at the bottom of so many WebPages, you know, the one with the white squiggly lines? Do the letters RSS keep showing up on your cyber-journeys but you don’t know what to make of them? You may have seen them on the BBC, at CNN… and even here at MAETTA!

Well, if you find yourself wasting time by going to the same websites over and over again to see what— if anything— is new and you do not want the hassle of email newsletters, but you would like your own all-killer-no-filler customized newspaper on your desktop that provides you with all the latest developments from your favourite sites as soon as they appear online, then an RSS feed is for you.

RSS (Really Simple Syndication or Rich Site Summary) basically does the work for you, according to Dave Winer, the programmer who developed RSS:

“When people ask me what RSS is, I say it’s automated web surfing. We took something lots of people do, visiting sites looking for new stuff, and automated it. It’s a very predictable thing, that’s what computers do — automate repetitive things.”

So, how do you get started? After swinging by the definitive RSS guide, www.WhatIsRSS.com, which is so good that I’ve borrowed from it extensively (yes, it’s THAT good) you will need to find an RSS Reader.

The choice is yours: My Yahoo, Bloglines, and Google Reader are all popular feed readers.

Done? Now all that is left is for you to do one last bit of intrepid reporting: go to your sites of choice and see if they are cooking RSS. Here’s a tip— small icons tattooed RSS, XML, or RDF are what you’re after. Then subscribe. That easy? You bet.

Looking for MAETTA over the wire? Click here

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Welcome to the MAETTA BLOG!

Welcome to the MAETTA BLOG! Our goal is to communicate, educate, and illuminate you, Dear Reader and Past / Present / Future Client, on all of the important happenings here at our cutting edge metallic and ceramic parts manufacturing facility in Boucherville, a stone’s throw from Montreal, Quebec.

We will keep you informed with what we are doing and, more importantly, what we can do for you. But because we’ve noticed how your eyes glaze over whenever we open our mouths, we’ll do it with absolutely, positively (almost) NO Engineer-speak and impenetrable technical jargon!

MAETTA is the shaping company. You may already know that MAETTA specializes in net-shape manufacturing of metallic and ceramic parts using Powder Injection Molding (PIM), although you might not know what any of that actually means— you can click here to see us in action.

Of course we make great products… but what kind of people are we, what kind of a business are we?

We think GREEN

  • Environmentally conscious
    • Geared toward sustainable development
      • PIM uses less energy and allows more recycling than:
        • Casting
        • Machining
        • Hot Forging

We are small so you can get big

  • Smaller production quantities for a smaller price
    • Easy transferability to high-volume

We never stop looking for a better way of doing things

  • Working with clients from powder to product to:
    • Improving designs with innovative solutions
      • Creating new materials with unique properties
      • The MAETTA System reduces time-to-market

Still reading? Good, because there is more fun to come so keep watching this space! MAETTA is inviting you back here to let your imagination take shape!

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09-02-2008

Natural Resources Canada Supports Innovation at Maetta

Boucherville, April 20 th, 2007 – Maetta is pleased to announce the participation of Natural Resources Canada in a field trial project of its innovative system for shaping materials. Maetta, who specializes in the development and manufacturing of complex parts, has developed a system for prototyping and manufacturing metallic and ceramic parts based on powder injection molding. This is the third version of the system Maetta has been working on for three years. Read more

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04-20-2007

PRESS RELEASE

Boucherville, April 20th, 2007 – Maetta is pleased to announce the participation of Natural Resources Canada in a field trial project of its innovative system for shaping materials. Maetta, who specializes in the development and manufacturing of complex parts, has developed a system for prototyping and manufacturing metallic and ceramic parts based on powder injection molding. This is the third version of the system Maetta has been working on for three years. Natural Resources Canada supports the project with a 95 000 $ contribution through the  Industry Energy Research Program. This contribution will enable Maetta to perform the scaling and testing of the system. Powder injection molding allows for an optimal use of raw material in that only the quantity required to shape a part is injected into the mold. This can lead to majorreductions in the use of raw material when compared to conventional manufacturing processes.

For Mathieu Boisclair, President of Maetta, the economy of raw material can be substantial although the company is for now mostly targeting small parts. M. Boisclair explains: “ We have selected a sample of parts that we currently prototype or manufacture for clients in order to make a comparative analysis of the raw material required to make the parts using the conventional processes and using the Maetta System. The results are astonishing. Generally speaking, the Maetta System uses 25% to 70% less raw material for the production of the same part. Specifically, the annual production of a part for which Maetta has a obtained a manufacturing contract will only require 200 kg of raw material compared to 2,6 tons using the traditional machining process”.

With the help of experts from Natural Resources Canada, Maetta was able to estimate the energy savings and the reduction in the emissions of pollutants that an increased use of its system could generate. For Mathieu Boisclair, the more efficient use of raw material is only one aspect of the environmental advantages the technology makes possible. “ In some cases, the use of metallic powder opens the way for re-engineering the material used for producing a part in order to avoid using contaminants while maintaining the final mechanical properties.”

Based on expertise and infrastructure in powder materials in Québec, Maetta is working on techniques that would allow the use of recycled materials and the recycling of the finished parts at the end of their life cycle. In the medium term, Maetta wishes to offer a manufacturing process for shaping metallic and ceramic materials that meets the fundamentals of sustainable development.

Maetta specializes in net-shaping manufacturing of metallic and ceramic parts. The prototyping and manufacturing technology developed by Maetta is applicable to all industries.

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12-20-2006

The Caisse de Dépôt et Placement du Québec Assists Maetta Sciences with Its Technology Deployment

Montréal, December 20, 2006 – The Caisse de dépôt et placement du Québec has invested $2 million in Maetta Sciences Inc. (“Maetta”) to assist with the deployment of its technology for the industrial sectors, including aeronautics and medical products.
Maetta Sciences, based in Boucherville, has developed a new technology for the manufacturing of metal parts by powder injection molding in order to enhance prototyping and accelerate transferability to high-volume production. With this technology, it has set itself apart from the competition by offering the same characteristics as conventional molding, but at lower costs and with more flexible production rates.
“Maetta has succeeded in adapting this technology so that it can be used right from the development stage and has made it accessible to industries whose annual production volumes do not justify conventional molding, which gives it a unique position on the market,” stated Yves Cusson, the Caisse’s Vice-President, Investments, Mid-sized Businesses. “This competitive position, based on rapid development of complex products, is conducive to customer loyalty.”
“Our R&D efforts have given rise to a technology that permits substantial savings, considerable flexibility in the design of manufactured parts, excellent mechanical properties and flexible production rates,” stated Mathieu Boisclair, Maetta’s President and Chief Executive Officer. “This investment by the Caisse will enable us to act as a catalyst in the emergence of this technology.”
About the Caisse de dépôt et placement du Québec
The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. As at December 31, 2005, it held CA$122.2 billion of net assets. The Caisse invests in the main financial markets as well as in private equity and real estate. Its private equity team focuses on companies with the potential for strong growth and returns. The institution partners with dynamic companies in various sectors, offering them a full range of debt and equity financing products. As at December 31, 2005, the private equity portfolios held CA$10.9 billion of net assets. For more information: www.lacaisse.com

About Maetta Sciences Inc.
Maetta specializes in R&D, prototyping and net-shape manufacturing of metallic and ceramic parts using the powder injection moulding (PIM) process.
Maetta has the unique ability to work at all stages of the PIM process, “from powder to product,” namely from powder fabrication to net-shape manufacturing of high-performance parts. Maetta uses its expertise to develop high-performance materials for its clients as well as optimal PIM manufacturing processes associated with them.

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11-07-2005

PRESS RELEASE

Boucherville,  November 7 2005 – Maetta Sciences Inc. announces an increase of its production capacity to insure the delivery of a new manufacturing contract. This investment derives from the company’s technological innovation that led to Canada’s first powder injection moulding rapid prototyping facilities in January 2005.

Maetta is also proud to announce the nomination of its Board of Directors:

Mr Pierre-Georges Roy, Chairman of the Board
President, Transact Conseil Inc.

Mr Christian Dubé, President of the Audit Committee
Vice-president Finance and CFO, Groupe Cascades

Mr Serge Bragdon, President of the Strategic Planning Committee
Corporate Director, Former President of Transcontinental Information Products

Mr Jean-Pierre Bourbonnais, President of the Human Resources and Corporate Governance Committee
Corporate Director, Former Managing Director of Korn/Ferry International

Mr Mathieu Boisclair
President and Co-Founder of Maetta

Mr Charles Dupuy
Vice-president Finance and Corporate Affairs and Co-Founder of Maetta

Maetta specializes in net-shaping manufacturing of metallic and ceramic parts. The prototyping and manufacturing technology developed by Maetta is applicable to all industries. To this day, the company is active in aerospace and consumer products, and is developing applications for the medical industry, the dental industry and the industrial products sector. Mathieu Boisclair, President of Maetta, believes the net-shaping technologies developed by the company will help its clients to better cope with growing competition coming from Asia and Eastern Europe. Mr Boisclair explains: “We will manufacture parts currently made in Asia. We supply our clients with parts offering better mechanical properties, than the original parts, they are made of a better material with an improved design,and above all, at a similar or lower price than the original supplier”.

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