SOURCE: Axios Mobile Assets Corp.

Axios Mobile Assets Corp.

June 30, 2015 11:29 ET

Axios Mobile Assets: Additional Distribution Centers Offer Axios New Growth Opportunities

VAUGHAN, ON--(Marketwired - Jun 30, 2015) -  Axios Mobile Assets Corporation (CSE: AXA) ("Axios" or the "Company") today announced that it has expanded its relationship with Trillium and Centrum Valley Farms, located in Ohio and Iowa, respectively. With this expansion, the two egg producers will completely convert to the Company's pooled lightweight pallet solution, increasing Axios-serviced distribution centers from two to thirteen. The additional DCs will provide Axios with growth opportunities by increasing the size of the Company's pool and number of issuances, establishing new lanes and driving additional revenue.

"This expansion resonates with our growth plan," said Axios President and CEO, Richard MacDonald. "Our current growth strategy focuses on the egg market, cold storage and the perishable goods vertical. This network roll-out provides us with more connectivity and the ability to expand the network into new sales opportunities and retailers."

What's more, MacDonald said, we are pleased to assist Trillium and Centrum in the supply chain containment of the avian flu because of the Axios proprietary material and washing protocol. Doug Mack, COO -- Trillium Farms, stated, "In our efforts to ensure flock safety and biosecurity compliance, we wanted to adopt the Axios solution across the board because of its superior platform, performance, data collection and phytosanitary attributes."

About Axios Mobile Assets

Axios Mobile Assets Corp. is a logistics enabler, providing greater supply chain visibility. The Axios Solution features next-generation lightweight composite pallet technology with an integrated data management system, providing a comprehensive solution for customers. The Axios Solution, when applied with its proprietary tracking and information system delivers actionable data that helps improve visibility and transparency within their customers' value chain. The Axios Solution continues to gain market acceptance based on its unique attributes: lower total cost, longer useful life and customized configurations. The Axios Solution will increase sustainability performance for its users through the generation and subsequent retirement of carbon credits. It also enables customers to monetize the generated credits to provide an additional revenue stream, to assist in the overall reduction of cost within their supply chain. Axios was incorporated under the Business Corporations Act (Ontario) and is a reporting issuer in the Province of Ontario. Axios is traded on the Canadian Securities Exchange (CSE) under the symbol AXA.

Further information concerning the Company can be found at www.axiosma.com, www.sedar.com and www.cnsx.ca.

Trillium Farms

Trillium is one of America's leading shell egg and egg-product producers founded by the Dean, Henning and Boomsma families. With a rich history in farming and egg production, their commitment to doing the right thing is engrained in all their management teams and all their dedicated employees since the first farm in 1978. www.trilliumfarmsohio.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this report and the documents that we incorporate by reference, are forward-looking statements and can generally be identified by words such as "will," "allow," "outlook," or the negative of these terms, and other comparable terminology. Various risks and other factors could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward looking statements, such as whether Axios and the pallet management company are able to agree on the terms of a definitive supply agreement, and whether Axios is able to meet price, performance, quality and delivery requirements. Axios undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.

Contact Information

  • CONTACT:
    Matt DiDio
    VP Sales and Marketing

    Email Contact
    877.762.9467 x201