Sugar Land, TX - (WORLD STOCK WIRE) - August 21, 2009 -- Exousia Advanced Materials, Inc. (OTCBB:EXOU) (OTC Bulletin Board: EXOU), a manufacturer of advanced industrial coatings for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, announces the introduction of its Power Shield™ Single Pack Primer for marine applications.
Chairman and CEO of Exousia, J. Wayne Rodrigue, explained, “Through our relationship with Bohai Shipbuilding, one of the largest ship builders in Asia, we were able to identify an immediate area of significant cost savings that we could address. The commonly used two pack system requires double the set up time of our single pack solution. This new primer reduces the set up time by 50% for current marine coating applications. Due to the significant labor and setup savings that a single step primer versus a two coat system will provide, we anticipate that the demand for the single packet primer will be high.”
Mr. Rodrigue continued, “While the initial focus will be in the marine industry, due to the immediate cost savings offered versus traditional application methods, this new single pack primer, developed and produced in our state of the art facility in Tianjin, should open the door to a broad range of primer customers. Including cold roll steel sheet manufacturers, bridge maintenance and construction, and infrastructure projects, just to name a few, these additional customer groups represent tremendous opportunities for growth and demonstrate Exousia’s continued potential for the months and years ahead.”
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 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
