Dominus Innovations Closes Private Placement Financing


Tampa, FL – October 4, 2012:  Dominus Innovations, a provider of specialty building and marine construction products today announced that it has successfully closed a private placement round of investor financing to further the growth of the Company.

Gerry Chastelet, Dominus Innovations Chairman and CEO commented,” The additional cash infusion will allow the Company to aggressively pursue planned product developments for the Dominus MSC Marine Specialty Coatings product line, and also introduce additional products under the BEP Building Envelope Protection label.”

The financing comes at a time, when the Company’s building envelope protection (BEP Blue Barrier) products, an advanced next generation liquid applied air and moisture barrier technology, are taking a solid hold in the market.  Liquid applied air and moisture barrier products are gaining significant attention in both commercial and residential construction applications due to their energy efficiency, contractor productivity and changing local and national building codes.

Chastelet went on to say, “Our strategy from the beginning has been to grow the Company through the development of unique best of breed products designed to address real field applications in the most cost effective manner with quality customer support. The additional financial resources will enable the Company to further that strategy.”

Dominus Innovations, headquartered in Tampa, Florida, is a leading provider of specialty products, technologies and solutions for the building and marine construction industry. For more information visit the Dominus Innovations website at: www.dominusinnovations.com

 

Dominus Innovations, BEP, MSC, BEP Blue Barrier and MSC Marine Specialty Coatings are Dominus Innovations Trademarks. Dominus Innovations provides specialty products, technologies and solutions for building and marine construction applications. From advanced construction materials to innovative application tools, the Dominus Innovations Company is committed to Improving The Future Through Innovation.