Represents Sizable Commercial Application for Exousia's TrussCore(TM) Laminated Panels
SUGAR LAND, Texas, Dec. 13 - PRNewswire-FirstCal - Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU) announced that it has received a purchase order from American Cargo Products (ACP) (www.americancargo.com) for twenty-five (25) more cargo truck bodies. This additional order demonstrates the Company's successful efforts to penetrate this sizable market. The market for commercial truck bodies, including long-haul trailers and smaller commercial trucks, is estimated at 400,000,000 square feet annually worth over $1.2 billion. Exousia's TRUSSCORE panels offer substantial performance benefits in increased durability and reduced weight.
In conjunction with the order, ACP completed the sale of its first commercial dry box truck body using Exousia RPA panels. The first of these truck bodies, manufactured using Exousia's TrussCore panels, were shipped from ACP to a Chevrolet truck dealership in Pennsylvania during mid-November. Mr. Barney Simon, president of ACP, confirmed both the truck sale and the new purchase order and acknowledged that "production is now underway on the next Exousia trucks."
"We are always trying to give our clients a better box", explained Mr. Simon, "and based on the favorable response we have received from the dealership we believe we've found it. Exousia's TRUSSCORE panels provide fuel economy through weight reduction without sacrificing strength and durability," noted Mr. Simon.
"The sale of our first dry box cargo truck is yet another milestone for the Company," commented Exousia CEO J. Wayne Rodrigue. "The RPA and TrussCore materials continue to receive favorable feedback, and this new order further validates the commercial viability of our products."
ABOUT EXOUSIA ADVANCED MATERIALS, INC.
Exousia develops and commercializes advanced resins, engineered particles, and specialty products based on proprietary science related to the combination of plastic and rubber polymers. Exousia products enhance strength, durability, cost effectiveness and performance for a wide range of manufacturing, commercial and construction applications.
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FORWARD LOOKING STATEMENTS
Statements released by Exousia Advanced Materials, Inc. that are not purely historical are forward-looking within the meaning of the ''Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
