ASX/MEDIA RELEASE 24th January 2012 ALEXIUM AND BRUCK TEXTILES FORGE PATH AHEAD – FOCUS ON INNOVATIVE AND ENVIRONMENTALLY FRIENDLY PRODUCTS Perth, WA and Greer, South Carolina, Alexium International Group Limited (Alexium) (ASX:AJX, AX:AJX, OTC QX:AXXIY) is pleased to announce that it is forging ahead with Bruck Textiles on several joint development projects and license negotiations for the Australasia region While the product developments and negotiations are covering a broader spectrum of fabrics, Alexium and Bruck are already engaged in performance trials for ballistic fabrics treated with Alexium’s repellency treatment. Importantly, Alexium’s RST repellency treatments do not contain perfluorooctanoic acids (PFOAs) or perfluorooctanesulfonic acids (PFOSs), which are currently used by other traditional repellency treatments, and which are now being phased out by industry and regulators for health reasons. PFOA is a carcinogen, liver toxicant, a developmental toxicant, an immune system toxicant, and also exerts hormonal effects including alteration of thyroid hormone levels. PFOS is a man-made fluorosurfactant and global pollutant. PFOS and PFOAs have been found to be persistent, bioaccumulative and toxic to mammalian species. Alexium’s repellency treatment, developed and applied to the Bruck ballistic fabrics, offers exceptional performance at a very competitive price, while ensuring a completely PFO and PFOA-free solution. “We look forward to continuing to work with Bruck in order to finalize the commercial relationship and launching value-added and differentiated products. We appreciate the synergy between the two parties, the role each partner brings to the table, and the commitment each party is making to push new products into the market”, stated Stefan Susta, COO of Alexium. Alexium is working with Bruck on defined products as an exclusive licensee in the Australasia territory. Alexium is negotiating the terms of a final license agreement, including the delivery and commissioning of a production unit, technical and business milestone and royalty payments. Since 1970, Bruck has been the major supplier of Combat and Non Combat apparel fabrics for the Australian Defence Forces. Bruck is also a key supplier to Australia's leading work wear brands that operate at both retail and institutional level and is Australia’s largest fabric manufacturer. For more information visit: www.alexiuminternational.com and www.bruck.com.au Alexium is negotiating the terms of a final license agreement, including the delivery and commissioning of a production unit, technical and business milestone and royalty payments. Das könnte die ersten nennenswerten Umsätze in die Kasse spülen...mal sehn was kommt... |