Alexium International Group Limited
Alexium International Group Limited: ALEXIUM RECEIVES US SPECIAL FORCES ORDER FOR ADVANCED PROTECTIVE TEXTILES
Alexium International Group Limited / Key word(s): Contract ALEXIUM INTERNATIONAL GROUP LIMITED ABN: 91 064 820 408 ASX: AJX ASX/MEDIA RELEASE 14 SEPTEMBER 2010 ALEXIUM RECEIVES US SPECIAL FORCES ORDER FOR ADVANCED PROTECTIVE TEXTILES __________________________________________________________ GREER S.C. 14th September 2010 – Alexium Inc. a subsidiary of Alexium International Group Limited, ('Alexium') listed on the Australian (ASX:AJX) and Frankfurt (AX:AJX) Stock Exchanges is pleased to announce an initial order from the US Department of Defence for advanced protective textiles treated with the company's patented Reactive Surface Treatment ('RST'). The purchase order is for a supply of RST treated materials to be tested by US Special Forces. The RST process is being applied to textiles that up till now have not been possible to treat by conventional textile technologies. The order follows on from recent technical demonstrations and supply of samples by Alexium of this material treated using RST. More extensive testing will be conducted by US Special Forces over the next few months. 'This is the first time that we have attempted to apply this new function to such a challenging material' commented Alexium's CEO Steve Ribich. 'We have achieved what has not been possible by conventional textile finishing treatments. This is further evidence of the unique capabilities of our RST technology to alter the surface properties of a broader range of materials to give valuable new and enhanced functionalities'. This new order is for a specialist application. Alexium believes that this latest development will have significant commercial implications for the broader textile industry. About Alexium Alexium International Group Limited (ASX:AJX) (ISIN AU000000AJX6) ( WKN A1CTT8) holds proprietary granted patents and patent applications for a process developed initially by the US Department of Defence , 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 water proofing, oil proofing, anti microbial, non-stick and UV protection. Applications under development under a Cooperative Research & Development Agreement with the US Air Force include, but are not limited to textiles, paints, packaging, glass and building materials. For more information visit: www.alexiumgroup.com Contacts United States Steve Ribich Chief Executive T: +1 864-908-6947 sribich@alexiumgroup.com United Kingdom John Almond Manager Europe T: + 44 (0)1223 654489 M: +44 7815 100 859 jalmond@alexiumgroup.com Australia Gavin Rezos Chairman T: +61 8 9327 8969 M: +61 412 898 23 grezos@alexiumgroup.com End of Corporate News 14.09.2010 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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