SUGAR LAND, Texas, Sept. 30 /PRNewswire-FirstCall/ -- 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, is pleased to announce that China's largest shipyard, Dalian Shipyard, has placed a follow-up order to its initial order of zinc rich primers.
CEO, J. Wayne Rodrigue, stated, "I am pleased to announce that Dalian Shipyard has followed up its initial order of 15 tons of coatings with another order for 20 tons of the same coating. This second order will generate revenue of approximately $100,000."
Mr. Rodrigue continued, "This pattern seems to be the normal course of doing business in China. Initially, we receive a smaller order. If that order is satisfactory then additional orders start to come in."
"As I have stated in previous press releases, the economic landscape in China remains stable, with infrastructure development continuing to lead the way. On my last trip to China I witnessed road construction out of my hotel room window going on 24 hours per day," concluded Mr. Rodrigue.
About Dalian Shipyard
Dalian Shipbuilding is China's largest shipyard. While it is ranked number four in the world in terms of orders in hand, it is only one of 96 companies controlled by the $5B USD China Shipbuilding Industry Corporation (CSIC). Others include Bohai Shipbuilding, Wuchang Shipyard and China Industrial Offshore to name a few. CSIC has 170,000 employees throughout their organization. For more information go to: www.globalsecurity.org/military/world/china/csic.htm
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 athttp://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.
Brokers:
Surety Financial Group, LLC
410-833-0078
