PERTH, AUSTRALIA and GREER, SC--(Marketwired - Sep 1, 2016) - Alexium International Group Limited (
Highlights:
- Alexium FY 2016 revenue totals AU$3.5 million.
- Sales pipeline of Alexium customers increases by 650% from FY2015 to FY2016.
- Alexium launches new products, expands internationally and broadens industry coverage.
Alexium International Group Limited ("Alexium," "the Company") (
"We made extraordinary progress in FY 2016 as Alexium moved from being a company in the late stages of commercialization to a sales-focused organization," said Nicholas "Nick" Clark, CEO. "The pipeline of sales for Alexium's environmentally friendly flame retardants has increased by 650% from the prior year, and that growth continues."
A link to the full report is available here.
About Alexium
Alexium International Group Limited (ASX: AJX, AX:AJX OTC QX: AXXIY) holds proprietary patent applications for a process developed initially by the U.S. Department of Defense, which allows for the surface modification and attachment of nano-particles or multiple chemical functional groups to surfaces or substrates to provide functions such as fire retardancy, water proofing, oil proofing, and anti-microbial treatments. Applications under development include but are not limited to textiles, paints, and packaging, glass and building materials. Alexium's fire retardant chemical treatments are currently marketed for different fabric markets under the Alexiflam™, Ascalon™, Nycolon™, Nuvalon™, and Polytron™, Omnitron™ and Bactron™ trademarks. For additional information about Alexium, please visit www.alexiuminternational.com.
Contact Information:
U.S. Contacts:
Nicholas (Nick) Clark
Chief Executive Officer
nclark@alexiuminternational.com
Melissa P. Kelly
Vice President, Corporate Communications
mkelly@alexiuminternational.com
U.S.: +1 864.603.1165 x303
U.S. Corporate Offices:
148 Milestone Way
Greenville, SC 29615
U.S.: +1 864.603.1165
1100 New York Avenue
Suite 710W
Washington DC 20001
U.S. R&D Center:
8 Distribution Court
Greer, SC 29650
U.S.: 864.416.1060