Newly Released Industry Guidelines for 100 ksi Concrete Reinforcing
Steel Bars Expand Market for MMFX Steel

Criteria Increases Applications for Company’s Unique
Corrosion-Resistant, High-Strength MMFX
2
Rebar Product

LOS ANGELES–(BUSINESS WIRE)–The International Commercial Code (ICC) Evaluation Services, developer
of the International Building Code (IBC), recently issued AC 429 Acceptance
Criteria for High-Strength Steel Reinforcing Bars
, expanding the
applications of high-strength concrete reinforcing steel bars (rebar) up
to 100 ksi. This action by ICC Evaluation Services supports the
continued utilization of MMFX2 (ASTM A1035)
Grade 100 [690 MPa] rebar to build safer, stronger and more cost
effective structures while solving difficult design and construction
challenges.

The Acceptance Criteria was drafted based on the American Concrete
Institute (ACI) ITG-6R-10, Design Guide for the Use of ASTM A1035 /
A1035M Grade 100 (690) Steel Bars for Structural Concrete,
and
provides clear international building code standards and guidelines for
designing structures with 100 Grade (690 MPa) rebar.

High-strength rebar, such as MMFX2 100 Grade (690MPa) bar
sold in North America by MMFX Steel Corporation of America and the
Middle East by MMFX Steel DMCC, allows structures to be designed and
built with 20% to 50% less steel and up to 60% lower labor costs. In
addition, by specifying high-strength steels, designers can solve costly
rebar congestion problems and developers can complete structures more
quickly, resulting in substantial cost savings.

MMFX2 rebar is also more ductile than other high-strength
steels and can be fabricated using conventional fabrication equipment.
MMFX2 rebar further offers superior corrosion-resistance,
resulting in longer-lasting buildings and other structures without the
problems and special handling requirements associated with coated rebar.
The product’s combined strength and corrosion-resistance improves
constructability and sustainability.

With the ITG-6 Design Guide and the newly issued ICC-Evaluation Services
Acceptance Criteria, designers and contractors have clear guidance
regarding the applications of MMFX2 Grade 100 (690) steel
rebar to value engineer and build better, safer, and stronger buildings
more efficiently.

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 steel
microstructure to derive optimum product properties. The Company has
successfully commercialized its groundbreaking science through the
marketing and sale of its high-demand MMFX2 branded products,
uncoated concrete reinforcing steels that provide superior strength and
corrosion resistance. MMFX2 is marketed and sold through its
two operating subsidiaries, as well as Portland, Oregon-based licensee,
Cascade Steel Rolling Mills.

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 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.

About MMFX Steel DMCC

MMFX Steel DMCC (“MMFX DMCC”), a Dubai Multi-Commodity Center
corporation, is the Middle East subsidiary of MMFX Technologies
Corporation. Utilizing its parent company’s proprietary and patented
nanotechnology, MMFX DMCC markets and sells the uncoated
corrosion-resistant, high-strength concrete reinforcing steel (“rebar”),
MMFX2, throughout the Middle East and North Africa (“MENA”)
region. MMFX2 rebar is sold under the specifications ASTM A1035 Grades
690 and 830.