Ann: Shareholder Newsletter-AJX.AX, page-2

A few key snippets:

"We have a 94% retention rate for our
existing customers, a strong foundation
as we expand."

"The recent passage of the Frank R.
Lautenberg Chemical Safety for the
21st Century Act (FLCS) is the first
significant United States regulatory
reform affecting the chemical
industry since 1976, and it has the
potential to provide significant
opportunities for Alexium’s market
leadership in providing non-toxic
and ecological friendly alternatives
to legacy flame retardants that have
proven hazardous (such as TDCPP)."

"Alexium already
is ahead of the curve: the Company
has been and will remain a company
committed to product innovation
that safeguards the environment
and health, and these changes will
provide opportunities to further
showcase how Alexium provides the
right solution at the right time and
in the right place"