CEMATRIX Announces Start of North Carolina Project

CALGARY, Alberta, July 09, 2025 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company"), a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announced today that it has mobilized to a project work site in North Carolina and started to pour cellular concrete.

“The start of this important project marks a long awaited, key milestone for our Company,” stated Randy Boomhour, President and CEO of CEMATRIX Corporation. “In the normal course of business, we generally do not disclose or discuss projects before they start or while they are underway, however we have made an exception for this project given the significance of the project.”

“Our focus remains on providing value to our customer on this project by delivering a quality product, on specifications, on time and on budget,” stated Jordan Wolfe, President of MixOnSite (a CEMATRIX subsidiary). “It is a very significant installation of cellular concrete for our Company and for the industry. We expect this project to take 12 months to complete however the timeline might adjust based on the requirements of the general contractor or the owner.”

For more information about CEMATRIX please visit www.cematrix.com.

ABOUT CEMATRIX

CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site. Cellular concrete is a flowable, self-leveling, cement-based material with insulating properties. CEMATRIX provides customers with cost effective, innovative solutions to tough geotechnical construction challenges.

Applications for cellular concrete include lightweight engineered fill, MSE & retaining wall fill, lightweight insulating road subbase, flowable self compacting fill, pipe & culvert abandonments, tunnel & annular grout, tunnel & shaft backfills, underwater / tremie fills, and shallow utility & foundation insulation.

CEMATRIX is an early-stage growth Company with significant revenue, positive EBITDA, positive cashflow from operations, a very healthy balance sheet, and a strong team in place. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (“CCI”), Chicago based MixOnSite USA Inc. (“MOS”), and Bellingham based Pacific International Grout Company (“PIGCO’). For more information, please visit our website at www.cematrix.com.