Immediate Purchase Order for PowerShield Marine Coatings
SUGAR LAND, Texas, Dec. 9 -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU - News), through its China subsidiary, Tianjin Advanced Materials Inc., announced that the company has received an initial order from Bohai Ship Building and Repair to supply marine industrial coatings. This order, for approximately $250,000, will include a mix of zinc-rich epoxy primers to advanced non-skid coatings that integrate Exousia's patented VISTAMER engineered particles. The order from Bohai represents the beginning of a supply relationship that is expected to result in substantial orders in 2009 and beyond and will include a wide range of production and high-performance marine coatings.
"This is a substantial development for Exousia and is the culmination of our year-long efforts in China," commented Exousia CEO, J. Wayne Rodrigue. "We have established an outstanding production facility in Tianjin China that will allow our relationship with Bohai and other customers to grow. Our facility provides Exousia with the foundation to rapidly increase revenue. This initial order with Bohai is significant in that we expect Exousia to become one of their leading suppliers."
About Exousia Advanced Materials, Inc.:
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 Bohai Ship Building and Repair:
Bohai is a principal subsidiary of China Shipbuilding Industry Corporation. Bohai is on the northern coast of the Bohai Gulf, and is located northeast of Beijing, China. Bo Hai is among the largest shipbuilding companies in China. Its shipyard covers 3,600,000 square meters, and has a capacity of 600,000 tons/year.
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.
Contact:
Surety Financial Group, LLC.
410-833-0078
