SOURCE: Axios Mobile Assets Corp.

Axios Mobile Assets Corp.

August 18, 2015 11:41 ET

Expansion Continues Contracts in the Northeast for Axios Mobile Assets

MISSISSAUGA, ON--(Marketwired - Aug 18, 2015) - Axios Mobile Assets Corporation (CSE: AXA) ("Axios" or the "Company") today announced that it has entered into its fourth service agreement that continues expansion into the northeast region of the U.S. extending the use of the Axios Solution and its pooling and retrieval services with one of the nation's leading egg producers' east division's 4,000,000 layers that supply shell eggs and egg products to their regional customers.

"We are very pleased at the adoption of our pallet pooling platform solution with our 4th contract for a large egg producer. This contract will continue to assist in our expansion into the North East United States. We believe that our phytosanitary cleaning and disinfecting process after each use and our FDA compliant material is having an impact on the rapid uptake in the rate of adoption in the industry," stated Richard MacDonald, President and CEO of Axios Mobile Assets.

Axios' pooling and retrieval group will work in conjunction with the producer to implement the launch that will be ready to begin supporting deliveries by the end of August, early September.

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.

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.

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