SUGAR LAND, Texas, July 7 -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU), a manufacturer of advanced industrial coatings for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, announces that the company has received an additional order from China United Engineering Corporation (CUC) based upon successful results achieved utilizing Exousia's PowerShield coatings.
'This newest order represents the third successive order received from China United Engineering Corporation,' stated Paul Crozier, Managing Director for China for Exousia. 'This latest order is for an external 'top coat' coating whereas the previous order was for primer coatings. Each subsequent order that was placed by CUC has been predicated on the successful completion of the previous coatings application.'
Exousia CEO, J. Wayne Rodrigue, added, 'This new order is for approximately $26,000 USD. However, its greater significance is that it puts Exousia in position to become a major supplier of industrial coatings to CUC.'
About China United Engineering Corporation
China United Engineering Corporation (CUC, http://en.chinacuc.com) is a large-scale scientific and technological enterprise, which was established based on the former Second Design and Research Institute of MMI, and united several national survey and design institutes with A-Class qualification, namely the Third Design and Research Institute of MMI, the Eleventh Design and Research Institute of MMI (China United Northwest Institute for Design and Research), and the Geotechnical Investigation and Design Institute of MMI. Under the leadership of the state-owned large-scale enterprise group China National Machinery Industry Corporation (SINOMACH), CUC is headquartered in Hangzhou.
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.
Contact:
The Investor Relations Group
212-825-3210
Investor Relations:
Rachel Colgate
or
Michael Crawford
Media Relations:
Mike Graff
Brokers:
Surety Financial Group, LLC
410-833-0078
SOURCE Exousia Advanced Materials, Inc.
