PERTH, AUSTRALIA and GREER, SC--(Marketwired - May 15, 2015) - Alexium International Group Limited (ASX: AJX) (OTCQX: AXXIY) is pleased to announce that it has successfully completed a full scale up commercial run of chemistry with its newest client in the home furnishings market in the U.S.
This result continues to prove Alexium's chemistry is market-ready and validated within the consumer marketplace. The fabrics being tested under the successful commercial run have now been made into the complete home furnishings product with a final quality assurance test and check process to take place.
Alexium anticipates the full scale production and consumer roll-out in the largest U.S. market is less than 90 days away for this customer.
Nicholas Clark, CEO of Alexium, said, "We are continuing to impress existing customers and our new customers with our award-winning and environmentally-friendly flame retardant chemistries."
Mr. Clark added, "Alexium remains on track for revenue target and we have since obtained a number of additional customers following the recent successful tradeshow appearance in Frankfurt, where we shared a trade booth with our partner iTextiles."
Alexium will provide a further update on this opportunity to the market.
For more information, visit Alexium's website at www.alexiuminternational.com.
About Alexium
Alexium International Group Limited (ASX: AJX) (OTCQX: AXXIY) holds proprietary patent applications for a process developed initially by the U.S. Department of Defense, which allows for the surface modification and attachment of nano-particles or multiple chemical functional groups to surfaces or substrates to provide functions such as fire retardancy, water proofing, oil proofing, and anti-microbial treatments. Applications under development include but are not limited to textiles, paints, and packaging, glass and building materials. Alexium's fire retardant chemical treatment are currently marketed for different fabric markets under the Alexiflam™, Alexiflam-NF™ and Alexiflam-SYN™ trademarks. For more information on Alexium refer to the Company's website at www.alexiuminternational.com.