MMFX Steel Names Bates to Senior-Level Product Manager Post

IRVINE, Calif.–()–Kevin Bates, who brings nearly two decades of experience in product
management and development with global companies engaged in heavy
industry, has joined MMFX Steel Corporation of America as Product
Manager. He will oversee development and execution of all product line
marketing strategies for MMFX, which manufactures and markets
corrosion-resistant, high-strength steels, including MMFX2-branded
concrete reinforcing rebar.

“Kevin
has launched and guided a number of very successful industrial products
during his career. That knowledge, coupled with the strong intellectual
capital and resources we have assembled in other parts of the company,
will accelerate our growth – now and well into the future.”

Mr. Bates’ professional background includes a number of senior-level
leadership positions in the mining, automotive, construction, and oil &
gas industries. He arrives at MMFX following six years at Boart Longyear
in Salt Lake City, where he served as Director of Engineering and Global
Product Manager. The 120-year-old company is the world’s largest
provider of contract exploration drilling services to the mining
industry, as well as a technology leader in the design and manufacture
of drilling rigs and tooling products..

Prior to that the California native served as Global Product Manager for
Los Angeles-based Barksdale Control Products, a $60 million division of
Crane Co, focused on design and sales of highly engineered industrial
products. During his five-year tenure there, he focused on developing
strategic initiatives for instrumentation and control products used by
heavy-duty truck companies as well as oil & gas original equipment
manufacturers (OEM’s).

Mr. Bates started his career at General Motors Corporation in 1994. He
held several engineering and manufacturing management positions at the
company’s Anaheim facility, which produced automotive lead batteries for
OEM’s and retail.

MMFX Technologies Corporation President Michael W. Pompay said, “Kevin
has launched and guided a number of very successful industrial products
during his career. That knowledge, coupled with the strong intellectual
capital and resources we have assembled in other parts of the company,
will accelerate our growth – now and well into the future.”

Mr. Bates holds an MBA from Pepperdine University as well as a Bachelors
of Science in Mechanical Engineering from the University of California,
Irvine.

About MMFX Technologies Corporation

MMFX Technologies Corporation, headquartered in Irvine, California, is a
material science company focused on commercializing its patented micro-
and nanotechnologies that enable the manipulation of the microstructure
of steel to derive optimum product properties. The current focus for
MMFX’s core technology is MMFX2 concrete reinforcing steels,
uncoated steel that has a microstructure fundamentally different from
conventional steel providing superior strength and corrosion-resistance.
The nanotechnology is protected by six U.S. patents and related filings
in approximately 50 countries/regions.

About MMFX Steel Corporation of America

An operating subsidiary of MMFX Technologies Corporation, MMFX Steel
Corporation of America, also based in Irvine, California, markets and
sells MMFX2 branded uncoated, corrosion-resistant and
high-strength concrete reinforcing steel products throughout North
America. Applications include bridges and highway systems, high-rise
buildings and numerous commercial/industrial applications. Independent
scientific tests have shown MMFX2 rebar to be five times more
corrosion-resistant than and up to two times as strong as conventional
steel.

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