Titomic Ltd.
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Senior Management Changes at Titomic

May 4, 2022

We are pleased to announce the appointment of Mr Neil Matthews and Mr Bruce Colter who will both commence employment with Titomic on Monday 2nd May.

Neil Matthews has extensive experience in the Cold Spray Industry and will be joining Titomic as Head of Business Development – Repairs.
Neil joins Titomic from RUAG where he was the Head of Research and Technology and the Technical Lead for Additive Metal Technologies based in Melbourne. During his 18 years in this industry he has written journal papers, books and contributed to books and is a recognised pioneer and industry leader. In 2021 Neil was appointed a Member of the Order of Australia (AM) in recognition of his outstanding efforts for significant service to aerospace component repair technologies.

Bruce Colter also has substantial Cold Spray experience and is joining Titomic as General Manager –Titomic USA.
Bruce will be based in Michigan, USA where he will be running our North American business focussing on growing the business in that region. He has 25 years of experience in the Digital Manufacturing Sector including Cold Spray Manufacturing. Bruce is a proven business leader having commercialised, grown and rebuilt numerous 3D printing and Advanced Manufacturing businesses, most recently Spee3D America.

Herbert Koeck, Managing Director of Titomic, commented:

“Having two giants of the Cold Spray Industry join Titomic is a clear recognition of the opportunities and exciting future that we have ahead of us. They will assist us in continuing to scale the business in these key markets and segments and we are thrilled to have them on board”

FORWARD LOOKING STATEMENTS
Certain statements made in this release are forward-looking statements and are based on Titomic’s current expectations, estimates and projections. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,”estimates,” “guidance” and similar expressions are intended to identify forward-looking statements. Although Titomic believes the forward-looking statements are based on reasonable assumptions, they are subject to certain risks and uncertainties, some of which are beyond Titomic’s control, including those risks or uncertainties inherent in the process of both developing and commercialising technology. As a result, actual results could materially differ from those expressed or forecasted in the forward-looking statements. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Titomic will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.

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