SOURCE: Axios Mobile Assets Corp.

April 07, 2014 08:15 ET

Axios Mobile Assets Corp. Enters Into Egg Industry Contract

VAUGHAN, ON--(Marketwired - Apr 7, 2014) - Axios Mobile Assets Corporation (CSE: AXA) today announces that they have entered into a five year, long term contract with the Trillium Farms (Trillium), one of the largest egg farmers/producers in the US today. The contract supports a phased in deployment for rolling out the Axios pallet and technology platform to the egg industry. As a first to the egg industry, Trillium and Axios with the full endorsement of CCF Brands, (one of the nation's largest egg category buyers) which provides the Sales and Marketing of egg products to some of the largest US Grocery Retailers will begin the roll out immediately. The Axios Solution is now gaining approval and acceptance as a "pooled" pallet at Retailers on a Regional and National basis.

"This is a perfect application for the Axios Solution and will enable us to fully demonstrate the depth of capability as it provides new levels of visibility into the supply chain generating actionable data for its users. This will be of immense value to all the stakeholders within this supply chain. This rollout will highlight and solidify Axios as viable alternative to existing pooled pallet platforms and more importantly, the Axios Solution will provide tangible operational and sustainable benefits to all of the users, including Retailers, in the chain," stated Rich MacDonald, President and CEO of Axios Mobile Assets.

Axios, along with Trillium and CCF Brands have identified the first logistics lanes between the Trillium facilities and their customers Distribution Centers. All three parties have begun the data mapping process with Axios and their pallet pooling Division, Axios Logistics Solutions Inc. This will maximize the platform's ability to provide an overall cost reduction throughout this supply chain. The Axios pallet platform provides greater visibility and operating efficiencies for its stakeholders.

"Trillium, believes that the benefits of the pallet and technology platform, such as FM Global 4996 certified, FDA material, USDA and phytosanitary compliant, track and trace, carbon offsets, operational savings, and asset efficiency will position us as leaders in the egg industry," says Doug Mack, Chief Operating Officer of Trillium.

"CCF Brands is looking forward to a partnership with Axios Mobile Assets. Our hope is to increase our sustainability performance by increasing efficiencies during the transportation phase of our supply chain with Axios' innovative pallet and related technologies. CCF's commitment to sustainability stems from our core value of 'improving lives.' This premise not only distinguishes us, but also guides all of our actions. CCF has pledged to do what's right, protect the environment and contribute to the communities in which we operate," said Gabrielle Bartlett, Chief Sustainability Officer, CCF Brands.

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. The Axios Solution, when applied with its proprietary tracking and information system delivers actionable data that helps improve the value chain. The Axios Solution is gaining 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 is also possible to monetize the generated credits to provide users with 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.

CCF Brands
CCF Brands is a Rogers, Arkansas-based company that has become a force in refrigerated cases over the past decade. Its Great Day and Farmers Market egg products and prepared breakfasts have graced the shelves in chains such as Walmart, Target, Albertsons and Walgreens.
www.ccfbrands.com

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
    877.762.9467x201