SOURCE: Axion International Holdings, Inc.
NEW PROVIDENCE, NJ--(Marketwire - Dec 4, 2012) - AXION International Holdings, Inc. (OTCBB: AXIH), a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX™ rail ties and STRUXURE™ building products, today announced that the Company's President and CEO, Steve Silverman will attend a ribbon cutting ceremony for the opening of the first bridge in California to be constructed out of AXION's STRUXURE™ building products made of 100% recycled consumer and industrial plastics. The 25-foot pedestrian bridge has the distinction of being the first known bridge on the West Coast with a superstructure and fencing made of recycled plastic. STRUXURE™ is compatible with traditional building materials, enabling the bridge's engineer to use timber for the bridge's decking. Designed for pedestrians and horses alike, the bridge is located in Santa Rosa Valley. The bridge crosses the Arroyo Santa Rosa, located 300 yards west of East Las Posas Road in Ventura County.
A ribbon cutting and dedication ceremony is scheduled to take place at 2:00 pm PT on Friday, December 7th led by Ventura County Supervisor Linda Parks. Residents and media interested in attending may contact MarkBurley@aol.com. The entrance to the trail bridge is located next to the road bridge which is about 1/4 mile north of Santa Rosa Road on East Las Posas Road in Santa Rosa Valley.
The bridge was designed by bridge engineer John Dickerson of VCE Services in Ventura. Dickerson selected AXION's STRUXURE™ building material for the bridge's superstructure and fencing. R&D 100 selected the STRUXURE™ beam as one of the top 100 new technologies of 2011. Newsweek magazine named AXION's technology one of the top 10 "Big Green Ideas of 2010." AXION's structural building materials have been used for bridges in a U.S. Army facility in Virginia, as well as at Fort Bragg, North Carolina where three bridges support 70-ton, M-1 tanks. Developed by scientists at Rutgers University's Department of Materials Science and Engineering, the structural thermoplastic material is non-toxic, does not leach or warp, and is completely recyclable at the end of its functional life.
Bridge Engineer Dickerson commented on STRUXURE™, "I think it's fantastic, because a long time ago when I graduated from college, a professor told me that sooner or later, they would use plastic and it would be one of the best building material there is. It's here now, and it's going to be used for a very long time."
"I plan to use the plastic material for projects in and around the ocean, where steel corrodes, concrete cracks, and wood warps and eventually erodes because of insects. You couldn't use a better material around saltwater because it's totally immune to anything saltwater can possibly do to it. The applications for this material are almost endless," Dickerson added.
AXION President and CEO Steve Silverman commented, "We are very proud of what we've achieved in bringing a high-performance, sustainable building material into the California market that leads the world in its dedication to the environment. STRUXURE™ offers a superior long-term value to communities and repurposes plastic waste into structural building materials. I am honored to be a part of this ribbon cutting ceremony."
About STRUXURE™ Bridges
STRUXURE™ Bridges are engineered from AXION's patented, 100%-recycled plastic formulation. Because the recycled structural composite material is inert, STRUXURE™ Bridges will not rot or absorb moisture, and they are impervious to insect infestation, making them ideal in harsh environments. Because of their durability and low maintenance, they are an excellent cost-effective, long-term solution in bridge applications. In boardwalks, short-span vehicular bridges, and multi-span superstructures, STRUXURE™ is specified for its performance, longevity, and sustainable design. From Scotland to Fort Bragg, North Carolina, STRUXURE™ Bridges are providing long-term, sustainable solutions around the world. For more information about STRUXURE™ Bridges, visit www.axionintl.com/products-composite-bridges.html.
AXION (OTCBB: AXIH) is green technology company, transforming waste plastics into structural building materials. Using 100%-recycled consumer and industrial plastics, AXION develops, markets and sells its recycled structural composite products through its ECOTRAX™ composite railroad tie and STRUXURE™ building material lines. From the railroading industry to the military to global engineering firms, AXION delivers tested, proven and superior green solutions to infrastructure needs around the world.
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause AXION's actual results to differ materially from those currently anticipated, including the availability of materials at favorable pricing, sufficient manufacturing capability and the risk factors identified in AXION's filings with the Securities and Exchange Commission.