Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU - News), a leader in advanced coatings and industrial materials, announced through its wholly owned subsidiary, AEGEON Advanced Coatings, the introduction of its 9400 Series Underwater Curable Epoxy Coatings. These high-performance industrial coatings provide superior corrosion protection in underwater and high humidity locations. The 9400 Series' ability to cure under water allows it to be applied at sea, below the waterline, on steel or concrete.
AEGEON has initiated production and commercialization of the 9400 Series for both domestic and international markets. In Asia the 9400 Series will be sold under the PowerShield brand.
"Based on early applications and customer response, we believe the 9400 Series will become a successful, highly differentiated product line for AEGEON," states Garner Holdsworth, President of AEGEON Advanced Coatings. "The 9400 Series is designed for challenging offshore and marine related applications," adds Mr. Holdsworth. "This is a huge global opportunity for AEGEON and we have already surpassed our early market expectations."
"The introduction of this product line positions Exousia as a strong competitor in the high-value market for underwater coatings," comments J. Wayne Rodrigue, CEO of Exousia Advanced Materials, Inc. "The introduction of the 9400 Series is an important part of our domestic and international growth, and is especially suited for high-growth ship building and repair, offshore drilling, wastewater and municipal applications worldwide."
About Exousia Advanced Materials:
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 .
About AEGEON Advanced Coatings:
Since 1976 AEGEON Advanced Coatings has manufactured and provided specialized industrial coating systems for the petrochemical, refining, marine, and power generation industries. The company offers a wide range of products and services designed to protect customer assets and profitability through innovation and superior coating system design.
Legal Notice Regarding 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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