Alexium Interna8onal Group Limited (Alexium) (ASX:AJX, AX:AJX, OTC QX:AXXIY) is pleased to announce two additional purchase orders of its Alexiflam™ Fire Retardant (FR) finish from its major bedding customer to treat additional product lines after successful full-scale production runs. The original single product line detailed in the press release from June, 16 2015, is in final stages of roll out to na)onwide stores in the United States.
This Customer originally ordered Alexiflam™ for a single product line with projected revenues to Alexium of US $200,000 - $300,000 per month to commence in the 3rd quarter. Following the success of their tes,ng on Alexiflam™ treatments on their ini,al product and commercial produc'on trials, this Customer determined there were further opportuni(es to use Alexiflam™ on their other fabrics. This has resulted in mul4ple addi$onal produc'on runs and an increase in purchase orders to cover these further products for full commercial ramp-up. This Customer also reported outstanding product feedback on the Alexiflam™ treated products during a recent home furnishings trade show in Las Vegas, NV, held August 2nd - 6th. Steve Gravlee, Alexium VP of Sales, stated, “We are excited to report that with each trial, this home furnishings customer sees the value proposi.on that Alexiflam™ FR brings to their business as their original scope con/nues to expand.”
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