ALEXIUM RECEIVES PURCHASE ORDER FROM NEW CLIENTFor more information, visit Alexium’s website at www.ale
Perth, WA and Greer, South Carolina: Alexium International Group Limited
(Alexium) (ASX:AJX, AX:AJX, OTC QX:AXXIY) is pleased to announce it has
received a considerable purchase order from a new customer in the home furnishings
market.
Over the past few months, Alexium has worked with a new customer to perform multiple
short production-scale trials at the customer’s facility using Alexium’s Alexiflam
chemistry, a process that has resulted in exceptional performance results.
Alexium has received a purchase order to run a substantial amount of yardage to
confirm those results on a larger scale prior to a full commercial launch of the product.
Upon the expected confirmation of those results, Alexium expects this to be a valuable
relationship for both parties, generating between $3M and $10M annually in revenues to
Alexium.
Nicholas Clark, CEO of Alexium, said “we are continuing to generate strong interest in
the commercial sector markets and this opportunity with a major US company in the
home furnishings arena will help cement Alexium’s reputation for environmentally
friendly, performance based, durable and cost effective Fire Retardant solutions”
On completion of Contract negotiations and firm pricing, Alexium will provide a further
update on this opportunity to the market.
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