SUGAR LAND, Texas, Aug. 26 -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU - News) announced today that it had received another PowerShield coatings purchase order in China. The order from Fei Mart International Inc for 5,000 gallons of Marine Coatings will exceed $200,000 representing the second significant order within the last two weeks. This order will be produced in Exousia's PowerShield plant in Tianjin China when that plant opens in September 2008.
Commenting on this purchase order, Wayne Rodrigue, President and CEO of Exousia noted, "This order continues the filling of the sales pipeline for PowerShield in our first month of production in Tianjin. With the date for opening established, our China sales force has been given the green light to begin accepting Purchase Orders. With this order we now have over $400,000 in orders scheduled for production when the plant opens. During the next few weeks we also expect to begin converting distributor purchase commitments into purchase orders."
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.
Contact:
Al Kau
888-795-3166
Equiti-Trend
800-585-6988
