SOURCE: Alexium International

Alexium International

March 30, 2016 17:59 ET

Alexium Global Presence Update

PERTH, AUSTRALIA and GREER, SC--(Marketwired - Mar 30, 2016) - Alexium International Group Limited (Alexium) (ASX: AJX) (OTCQX: AXXIY) provides an update on the developments with the company's Global Distribution Network and to share next steps in supporting Alexium's sales networks with regional manufacturing and supply chain services.

Alexium's leadership team has specifically targeted sales organizations located in the immense Eurasian market, which provides great opportunity for the textile industry. After considerable research, Egypt and/or United Arab Emirates (UAE) have been identified as strategic locations for manufacturing, product distribution, and a regional sales office. Based on the company's analysis and projections, this investment will give Alexium the visibility and support infrastructure needed to maintain agility from Pakistan to Portugal.

Nicholas (Nick) Clark, CEO, has been working on Capitol Hill and with leaders from the Egyptian government to explore manufacturing, logistics, and professional service programs available to US based companies for expansion into the Egyptian market, which could provide cost efficiencies. Nick has made significant progress, and in concert with his efforts, the leadership team is reaching out to the UAE business community and government officials to explore that partnership.

Alexium is moving forward with an aggressive growth plan, and investments in the Eurasian market are critical to the company's long-term success. Alexium will continue to provide updates on the progress.

About Alexium
Alexium International Group Limited (ASX: AJX) (OTCQX: 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.

Contact Information

  • U.S Contact:
    Nick Clark
    Chief Executive Officer
    nclark@alexiuminternational.com
    U.S.: +1 864.991.6687

    U.S. R&D Center:
    8 Distribution Court
    Greer, SC 29650
    T: +1 864.416.1060
    F: +1 864.752.6465

    U.S. Corporate Office:
    148 Milestone Way
    Greenville, SC 29615
    T: +1 864.603.1165
    F: +1 864.752.6465

    ABN: 91 064 820 408
    ASX: AJX