ALEXIUM SCHEDULES NEXT WEBCAST FOR OCTOBER 24 TO COINCIDE WITH RELEASE OF 4C
Perth, Australia and Greer, South Carolina-16th October 2017: Alexium International Group Limited (“Alexium,” “the Company,”) ASX: AJX, NASDAQ Designation: AXXIY, announces the date of our third Investor Webcast date to coincide with the release of Alexium’s first quarter 4C, which we are releasing on an accelerated schedule following our investment in new reporting systems. We will be releasing the 4C to the market on Monday, October 23rd US time, with the webcast to follow on Tuesday, October 24th at 8:30 am Sydney Time. We are excited to discuss the results of 1Q 2017 which will reinforce our previously communicated trends of increasing margins, increasing gross profits and cost reduction. To register for the webcast, please click here.
Another key topic of discussion for the webcast is the dramatic change in US regulatory environment since the last webcast. On Wednesday, September 20th, the US Consumer Product Safety Commission decided to take action on the US Federal level to begin the process of eliminating the entire class of non-polymeric flame retardants from key consumer markets, one of the broadest such actions in US history. On the heels of that vote, the states of Delaware and Washington wrote into law new bans on organohalogen flame retardants. During the next webcast, Dr. Dirk Van Hyning, Dr. Bob Brookins and Aaron Krech will put into context what these new sweeping actions mean for Alexium and our suite of environmentally-friendly alternatives to these legacy products.
As with the previous webcasts, participants are invited to pre-register for the webcast. To pre-register, please click here. We will also begin accepting questions through the Alexium website or via email: email@example.com starting today and we will continue to accept questions throughout the event. The webcast will last 60 minutes.
We look forward to continuing our dialogue with shareholders and other webcast participants.
Dirk Van Hyning
Chief Executive Officer
Vice President, Investor Relations
- Accelerated Timing on Release of 4C;
- Date for Next Webcast, during which we will discuss:
- Results of the September Quarter (1Q2017), including our increasing margins and positive cash generation;
- Benefits to Alexium resulting from the recent US Federal Consumer Product Safety Commission action on toxic compounds used for many years in fire retardants.