Alexium Second Half 2016 Surge Continues With Multiple Purchase Orders

Innovative Phase Change Material, Flame Retardant Chemistries Strengthen Growing Presence in Bedding, Transportation, and Carpet Markets

Highlights:

  • Total of four new purchase orders represents annual revenue of US$3 million
  • Continuing traction in large scale industries sustains sales momentum

Perth, Australia and Greer, South Carolina: Alexium International Group Limited (“Alexium,” “the Company”) (ASX:AJX, OTC QX:AXXIY) today announced the receipt of four new purchase orders with leading international manufacturers in the transportation, bedding, and carpet industries for its leading-edge flame retardant (FR) and Alexicool™ Phase Change Material (PCM) solutions, representing annual revenue of US$3 million.

The new September 2016 purchase orders are for Alexiflam FR™, the award-winning Alexiflam-Crockban™ and for Alexicool™, a phase change material that provides a cool-to-the-touch feel for fabrics that retain heat.

“Our growing presence in these mission- critical industries continues to accelerate our momentum right now,” said Michael Schwartz, Vice President of Sales. “The growing penetration of our environmentally friendly technologies and ability to customize our products to suit our customers’ needs is giving us strong traction across the spectrum of our target markets.”

Automotive

A new customer in the automotive industry has ordered Alexiflam-Crockban™, a new environmentally friendly FR solution selected as one of FabricLinks Top 10 Textile Innovations for 2015-16. The chemistry, which can be used for many applications as a barrier to dye transfer from fabrics onto other fabrics, surfaces and skin, has extended Alexium’s presence with major automotive manufacturers in the United States, Europe and Japan.

Production of Alexiflam-Crockban™ for this new customer has commenced.

Bedding

(1) A major manufacturer of mattress socks for the bedding industry (a fabric wrap that is wrapped around the foam core of the mattress and used to protect and strengthen durability of mattresses) has entered into new agreements for Alexium’s blend of FR and PCM solutions for two different types of fabrics used in mattress socks. This customer requires the addition of Alexicool™ phase change material performance while maintaining flame retardancy, a new approach not yet being used in the bedding industry.

(2) In addition, an existing Alexicool™ partner in the bedding industry has entered into a new purchase order agreement to expand its menu of product offering across a broader spectrum of PCM temperature ranges. The success of this project will open significant opportunities for Alexium with its other bedding partners.

Carpet

Alexium has received a new purchase order for environmentally friendly FR from a major carpet supplier to the transportation industry. The partnership with this carpet supplier has resulted in a number of new applications for Alexium’s technology.

“Our growing presence in these mission- critical industries continues to accelerate our momentum right now,” said Michael Schwartz, Vice President of Sales. “The growing penetration of our environmentally friendly technologies and ability to customize our products to suit our customers’ needs is giving us strong traction across the spectrum of our target markets.”