PERTH, AUSTRALIA and GREER, SC--(Marketwired - May 26, 2015) - Alexium International Group Limited (ASX: AJX) (OTCQX: AXXIY) is pleased to announce that Foster Stockbroking has given Alexium a buy rating in its latest report based on several factors, including the strength of the sales pipeline and a potential annual revenue of $10 million for 2015.
The report can be found on Alexium's website under investor research or at the following link: http://alexiuminternational.com/wp-content/uploads/2015/05/Foster-Stockbroking-Report-May-2015.pdf.
For more information visit: 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™, Alexiflam-SYN™, Ascalon™, Nycolon™, Nuvalon™, and Polytron™, Omnitron™ and Bactron™ trademarks.