SOURCE: Alexium International Group

Alexium International Group

September 14, 2015 10:03 ET

First Full Large Scale Production Order for Alexiflam™ Chemistry Received From Major Bedding Customer

PERTH, AUSTRALIA and GREER, SC--(Marketwired - Sep 14, 2015) -

Highlights:

  • First full scale production order received from major US bedding customer;
  • 3000 lbs (1.5 tons) of Alexiflam™ formulation ordered for mattress covers;
  • Finished mattress products bound for US retail stores;
  • Continuing similar sized monthly orders expected for this FR application;
  • Customer continues to expand production trials for Alexiflam™ on other products.

Alexium International Group Limited (Alexium) (ASX: AJX) (OTCQX: AXXIY) is pleased to announce its first full large scale production order from its major US Bedding customer for Alexium™ Fire Retardant (FR) finish for products bound for US retail stores. 

This follows on from the previous trial purchase orders detailed in earlier press releases showing the rapid development of this important Customer from initiation of trial work to full large scale purchase orders in just 4 months:

The 3,000 pound (approximately 1.5 US tons) purchase order will be used in the commercial full-scale run for mattress ticking -- the final component of a mattress that is used to encase everything in the mattress while protecting the internal materials and maintaining the overall shape. 

Nicholas Clark, CEO, stated, "As our major US bedding customer moves into full production, finishing product for retail stores nationwide across the US, Alexium is taking another key step in positioning ourselves as a critical supplier to the FR needs of the bedding industry." 

We will keep the marketplace informed as this account continues to grow.

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 treatment are currently marketed for different fabric markets under the Alexiflam™, Ascalon™, Nycolon™, Nuvalon™, and Polytron™, Omnitron™ and Bactron™ trademarks.

Contact Information

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

    Bradi Dobson
    Marketing Specialist
    BDobson@alexiuminternational.com

    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

    Australia:
    Matt Wright
    Investor Relations
    matt@nwrcommunications.com.au
    AUS: +61 451.896.420

    ABN: 91 064 820 408
    ASX: AJX