Ann: Alexicool sale of 1.7M for Calendar Year 2016-AJX.AX, page-2

Multiple containers sold huh?

Highlights:

New sales contractsfor Alexicool™ for the Asian, Middle Eastern and European markets.

 Customers sourced by distribution partner iTextiles represent annual revenue for Alexium of more than US$1.7 million in calendar year 2016.

 Additional large scale ordersfrom new customers in the US$42.5 billion adhesives industry

Perth, Australia and Greer, South Carolina: Alexium International Group Limited (“Alexium,” “the Company”) (ASX:AJX, OTC QX:AXXIY) today announced new business developments with the sales of Alexicool™ for international markets and entry into the globally important adhesives sector with sales of multiple containers of Alexium’s award-winning, environmentally friendly fire retardant (FR) chemistry.

“We are pleased to announce the global expansion of Alexicool™ and our success in the adhesives market which is an annual US$42.5 billion market,” said Dirk Van Hyning, President. “We are on track for expected ramp-up of revenues for the second half of calendar year 2016, after having added significantly to our inventories in the first half of 2016.”

Global Market Expansion for Alexicool™ Alexium has received a multi-tonnage order for specialty flame retardant chemicals from iTextiles, Alexium’s distribution partner for Asia, Middle East and Europe. New customers referred by iTextiles represent annual revenue of $1.7 million in this calendar year.