Exousia Advanced Materials, Inc. Appoints Paul Crozier Managing Director of China Operations
Brings Forty Years Experience in Industrial Coatings Industry to the Position
SUGAR LAND, Texas, April 17 -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU), a company that manufactures advanced industrial products for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, has appointed Paul Crozier Managing Director of the company's China operations.
Prior to joining Exousia in early 2008, Mr. Crozier spent over forty years in the industrial coatings industry. Since he began working with Exousia, Mr. Crozier has been instrumental in the development of the company's Asian business: designing the layout and equipping Exousia's China facility, bringing its production capacity to 120,000 gallons of coatings per month ($4mm - $6mm USD), spearheading the effort to build the company's overseas quality lab to support these efforts, and hiring a team of local Chinese employees to carry out operations.
In addition to enhancing Exousia's China operations, Mr. Crozier has been instrumental on the company's business development side by establishing relationships both with senior level individuals and with several Chinese companies for Exousia's industrial coatings.
"Paul has been a key player in Exousia's success with business in China," said Wayne Rodrigue, Chairman and Chief Executive Officer. "We are thrilled to appoint him to this new responsibility and we have confidence he will continue to develop and grow our China operations and strengthen our international footprint."
Exousia has established and operates manufacturing facilities in China to produce its industrial coating, Power Shield(TM), a family of high-performance epoxies, alkyd resin systems, polyurethanes, and primers. Industrial coatings are used to protect expensive industrial equipment and infrastructure against corrosion and other environmental forces.
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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.
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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