EXOUSIA ANNOUNCES INITIATION OF COVERAGE BY BROOKSIDE ADVISORS
Sugar Land, TX, Aug 18, 2009 (WORLD STOCK WIRE via COMTEX) -- Brookside Advisers has initiated coverage of Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU). Exousia Advanced Materials, Inc. develops a wide range of coating products that provide increased durability and performance with superior cost-effectiveness. EXOU is poised to gain market share of infrastructure projects throughout the United States and China- huge areas of growth in today's global economy unaffected by the recent financial crisis.
Exousia is an interesting growth story (2000% sales growth in 2008) in the advanced materials and industrial coatings segment with strong global sales potential and patent protection, and a good foundation of contracts to expand their business. The Company's strategy is to partner with national distributors in both China and the United States with several relationships already established to primarily target two key areas: infrastructure and eco-friendly products.
The Company, led by CEO Wayne Rodrigue, is in the process of expanding their production capacity to meet higher demand for their products. EXOU recently announced that their wholly owned foreign entity (WOFE), Tianjin Exousia Advanced Materials Company Ltd., expects to be cash flow positive in China by the end of July, 2009. The Company has secured multiple distribution agreements in China representing $40mm in annual production, whose value could appreciate over the coming years.
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
For a full report on Exousia, please email brooksideadvisers@gmail.com
Looks like management is finally getting it together.
Black Dog
