SOURCE: Environmental Infrastructure Holdings Corp.

March 09, 2010 09:00 ET

Xiom Corp. Introduces New Gun Model X2500

WEST CONSHOHOCKEN, PA--(Marketwire - March 9, 2010) - Xiom Corp., a wholly-owned subsidiary of Environmental Infrastructure Holdings (OTCBB: EIHC), which is the parent company of various environmental manufacturing, engineering and services companies, announced today the first in a series of new guns it plans to introduce to the market. 

A pioneer of the on-site powder coating market, Xiom's new X2500 is the first in a series of three new gun models the Company plans to add to its revolutionary on-site powder coating portfolio. The X2500 targets the small business user who needs superior polymer protective coatings that can be delivered both in and out of a shop environment at an affordable price. 

James Weber, president and CEO of Xiom Corp., said, "The X2500 is a low-cost, novel system aimed at small business users -- a relatively untapped market for the Company. We believe this gun will garner mass appeal, as both the investment and learning curve are nominal in relative comparison to potential profit generation.

"This announcement is a perfect representation of today's Xiom -- a company with a renewed focus and mission. Since becoming part of the Environmental Infrastructure family, Xiom now has the leadership, guidance and resources in place to realize its full potential."

The X2500 is a pared down version of Xiom's higher-performance models, the X1000 and X5000, with a slower application rate and reduced number of Xiom-branded protective thermal plastic coating applications. The entry level X2500 provides the user a lower-cost way to start applying these high-performance coatings. The X2500 retails for $4700 complete, and allows coaters and painters a cost effective solution for delivering long-lasting, environmentally friendly polymer powder coatings. The X2500 system is also extremely user-friendly, requiring only a day's training before quality polymer coatings can be applied. These high-value added coatings are targeted at a market of over 300,000 small service and manufacturing establishments in the U.S. alone, approximately a million worldwide. 

About Environmental Infrastructure Holdings Corp.

Environmental Infrastructure Holdings (EIHC) is the parent company of diverse environmental manufacturing, engineering and services companies. Currently, EIHC has two subsidiaries, Equisol, LLC and Xiom Corp., as well as investments in various joint ventures and partnerships.

Recognized in 2008 by INC Magazine as the 7th fastest growing private environmental services company in America, Equisol, LLC, is a unique equipment solutions provider specializing in the water and wastewater industry. Its team of top-rated engineers specializes in automation equipment and services across multiple industries where water use and automation are important. 

Xiom Corp. is a technology company focused on the delivery of plastic powder coatings at on-site locations utilizing its proprietary XIOM 1000 System. The Company's unique coating process can be applied without use of an oven to cure the coating, and can be applied to most substrates in addition to the metal substrate to which powder coatings are traditionally applied in a factory.

Forward-Looking Statements

This press release contains forward-looking statements, which represent the Company's expectations or beliefs, including, but not limited to, statements concerning plans, acquisitions, new product development, growth and strategies, which include, without limitation, statements preceded or followed by or that include the words may, will, expect, anticipate, intend, could, estimate, or continue or the negative or other variations thereof or comparable terminology. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. These statements by their nature involve substantial risks and uncertainties, some of which are beyond the Company's control, and actual results. Readers should carefully review the risk factors described in other documents the Company files from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended September 30, 2009, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.

Contact Information

  • Investor Contact:
    CSIR Group, LLC
    Christine Petraglia