Industrialex Manufacturing Corp.

Industrialex Manufacturing Corp.

June 30, 2005 09:31 ET

Industrialex Manufacturing Corp. Qualifies for a 7-Year Coating Project with a U.S. Air Force Sub-Contractor

ARVADA, COLORADO--(CCNMatthews - June 30, 2005) - Industrialex Manufacturing Corp., (TSX VENTURE:IXC.U) a leading provider of industrial coating services today announced that it has been selected as a supplier of choice by a U.S. Air Force sub-contractor to provide coating services for their products. The project is expected to extend through the year 2011. Over the life of the project, the shipments with their related purchase orders will occur in multiple phases. The Company has received purchase orders for the initial units. The set up and process developments associated with the project will occur in the 2nd quarter 2005 and the production is expected to begin during the 3rd quarter of 2005.

Upon securing the order, Mr. Joe Triolo, Jr., Industrialex's Senior Business Development Manager for the Arvada Plant stated; "Once again, we have proven that our operational capabilities and factory capacities combined with focused effort in servicing our customers can result in securing long term programs with major customers." This order further validates our growth strategy of consolidating the industrial coating market by providing automated production capacity at a standardized and consistent quality of service to customers of any size."

Headquartered in Arvada, Colorado, the Company provides industrial coating services to broad range of manufacturers. The Company's services include powder coating, liquid painting, e-coating, shielding, conformal coating, grit blasting and screen-printing. The Company operates plants in Arvada and Colorado Springs, Colorado and Windsor, Ontario.

On behalf of the Board of Industrialex Manufacturing Corp.

Ahmad Akrami, President & CEO

The statements made in this press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Industrialex's expectations and projections.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Industrialex Manufacturing Corp.
    Joe Triolo, Jr.
    Senior Business Development Manager, Arvada Plant
    (303) 456-6847