Exousia Announces Relationship with Pinggao Electric
SUGAR LAND, Texas, Sept. 3 /PRNewswire-FirstCall/ -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU - News), a manufacturer of advanced industrial coatings for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, is pleased to announce that Pinggao Electric, one of the largest equipment manufacturers to the power industry in all of China, has specified Exousia's Power Shield Coatings to be applied to all transformers produced by Pinggao.
Exousia CEO, Wayne Rodrigue, stated, "Pinggao Electric manufactures transformers that range in size and price up to $100M RMB ($1.5M USD) per unit. They have a unique problem with the finishing coating on the transformers prior to and after shipping. Exousia's technical team created a coating solution for them that Pinggao has completed testing on. They were so pleased with the results that they have specified Exousia's Power Shield Coatings for use on all of the future transformers Pinggao produces."
Mr. Rodrigue further explained, "Pinggao is aligned with companies controlling 75% of China's power grid. Pinggao's single largest customer, Southern China Power, controls the remaining 25%. This effectively puts us in position to be a supplier to 100% of China's electrical power grid."
"Orders should begin to flow in from Pinggao as soon as possible," continued Mr. Rodrigue. "We are putting projections together now with the understanding that Pinggao coats transformers and other equipment ten hours a day, 7 days a week. This is a huge revenue generation opportunity for Exousia now and into the future as China continues to expand their electrical grid throughout their whole countryside."
My comments.
Now, you had better cancel the trip, no golf, no brewskies (well, maybe one), no going out to dinner. No sir. Use that money to get'cha some more EXOU shares. This company is filling up the tank and getting ready for blastoff. Accumulate.