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Quarterly Activities Report for the period to 30 June 2015...

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    Quarterly Activities Report for the period to 30 June 2015
    Alexium experiences quarter after quarter growth
    GROWTH SUMMARY
     During the quarter and leading up to the Appendix 4C the Company received a combined $544,000 consisting of cash and near-term commitments from commercial customers and grantors. This includes $325,000 (USD$268,000) in purchase orders for FR chemistry
     This quarter marks the third consecutive quarter-over-quarter growth, following two previous quarters of $100,000 and $111,000
     Commenting on Alexium’s 4Q performance, Alexium CEO Nicholas Clark said:
    “This significant increase in 4Q financial activity clearly shows the penetration of Alexium’s chemistries into the marketplace and is a clear indicator of the future trajectory of the company.”
    ALEXIUM ACTIVITY HIGHLIGHTS
     Increased potential addressable revenue for calendar year 2015 to more than $10m – with more than 20 engaged customers with a number ramping up to production, thus providing a platform for substantially higher 2016 revenues
     Expanded into the Asian market to accommodate request of a leading US tent manufacturing customer to supply Alexiflam-SYN™ for its production facilities in Asia
     Received Alexiflam™ purchase order and successfully scaled up new customer in the home furnishings market – later moved to full scale production as well as expanding use to additional product lines – potential ongoing annual revenue expected between US$5m and US$15m per annum
     Successfully progressed commercial run trials with a supplier to the US Department of Defense for fire retardant (FR) solutions for advanced textiles comprising exotic materials for specific defense sector applications
     Selected to proceed to second stage of development process for new FR uniforms with US Natick Soldier Systems Centre
     Received purchase order for FR formulations from a new customer manufacturing high quality textiles for the European luxury automotive sector – potential ongoing annual revenue opportunity of US$10m to US$15m per annum
     Commenced negotiations for exclusive one-year license for the use of AlexiflamTM in commission finishing of decorative fabrics for the home furnishing sector
     Received purchase order for initial shipment of AlexiflamTM formulations from a leading US provider of fabrics in the defense, home furnishings and industrial markets – ongoing orders expected
     US Brigadier USMC (ret) General Stephen Cheney appointed to board as non-executive director
     CEO, Nicholas Clarks meets with key political members on military and commercial discussing FR products.
     Appointment of key new sales and product development staff
     Exhibition at world’s largest textile show Techtextil in Frankfurt – ongoing commercial negotiations with a number of potential customers across a range of sectors
    ASX/Media Release
    31 July 2015
 
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