SOURCE: Axion International Holdings, Inc.
NEW PROVIDENCE, NJ--(Marketwired - Apr 23, 2013) - AXION International Holdings, Inc. (OTCQB: AXIH), a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX™ rail ties and sleepers and STRUXURE™ building products, today announced FOX Business News has named AXION on its list of "13 Cool Eco-Businesses for Earth Day." The article appeared on April 22nd- Earth Day 2013- on www.foxbusiness.com.
The article points out that, "...while many folks will spend this day picking up litter on the side of a highway or teaching children how to plant trees, there are some business owners that spend 365 days a year devoted to helping the planet by selling eco-friendly products and services. "
"It's great to be recognized for the benefits that AXION is creating for the environment. For every mile of rail track using ECOTRAX 100% recycled rail ties, we divert about 630,000 pounds of plastic out of the waste stream, creating recycled plastic rail ties and preventing more trees from being cut down," stated AXION President and CEO Steve Silverman.
"While contributing to sustainability, we are also very proud to deliver a high ROI to our customers by designing, manufacturing and delivering infrastructure building products that perform to specifications that meet and exceed the performance of traditional building materials," Silverman added.
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About AXION International Holdings, Inc.
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 rail 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.