
SUGAR LAND, Texas, July 24 -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU) announced today that it has received a contract to supply SIPs Building Systems to the Pine Ridge Reservation in South Dakota through Cangleska, Inc. This is the first contract awarded to Exousia under its subcontractor status resulting from a previously announced Tribal (8A) Teaming Agreement with Nu'Eta Nation Tribal Builders. As a subcontractor Exousia is able to receive contracts to supply its SIPs Building Systems and other products to Native American prime contractors working off Government-funded contracts. These two purchase orders are to supply SIPs Building Systems for one administrative structure and one donations processing facility.
"The significance of these initial contracts is that they pave the way for subsequent contracts and sales through all Native American Nations," comments Senior VP of Corporate Development Elorian Landers. "As an approved and validated sub-contractor we will have the potential to become a preferred supplier for numerous Government- and Tribal-Funded construction projects throughout North America."
"Exousia Building Systems fit well with our environment," says Mr. Ben Artichoker, Finance Officer of Cangleska, Inc. "SIPs structures erect rapidly and these energy efficient systems cost far less to heat and cool. We look forward to a long, mutually beneficial relationship with Exousia, and anticipate additional projects in the near future." Cangleska is a key support organization for the Oglala Sioux Tribe.
ABOUT EXOUSIA
Exousia manufactures advanced resins, engineered particles, high-performance coatings and structural products. Exousia products enhance strength, durability, cost effectiveness and performance for a wide range of manufacturing, commercial and construction applications. The Company serves both domestic and international markets. Additional information on Exousia can be found at http://www.exousiacorp.com.
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.
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