FendX Technologies Inc. announced that the Company has successfully completed a pilot manufacturing run on Dunmore International Corp.'s ("Dunmore") commercial manufacturing line and completed its intermediate scale-up objective to demonstrate the REPELWRAP? film formulation can be scaled-up and is suitable for automated manufacturing. The pilot run on Dunmore's manufacturing line involved the continuous processing of a roll of plastic (approximately 5,800 feet in length) that was conveyed along a roller-based line.

The output resulted in production of sheets of film covered with the Company's nanotechnology confirming the REPELWRAP? film formulation was successfully coated onto the plastic and is suitable for automated manufacturing. Samples of the film were tested by McMaster and were confirmed to have repelling properties similar to the McMaster lab prototype film.

With this achievement, the Company has demonstrated successful scale-up of the original lab prototype, the size of a postage stamp, to creating sheets of REPELWRAP? film on Dunmore's commercial manufacturing line. These positive findings allow the Company to advance to further refinement of the films and conduct further testing, including real world conditions testing.

Automation of the manufacturing process is a key step in leading to the production of a commercial product. The Company entered into a development stage agreement with Dunmore, a Steel Partners Holdings L.P. operating company to assess scale-up of REPELWRAP? film, as previously announced on April 12, 2023.

On June 22, 2023, the Company announced they had successfully completed the first phase of the work to adapt McMaster University's lab prototype formula to Dunmore's manufacturing process. The second phase of the work was to conduct automated pilot runs on Dunmore's commercial manufacturing equipment.