Revolutionizing Materials Technology For Manufacturing & Construction
Top 125 Chinese Company NIG Has Reached Another Agreement to Purchase a Minimum of 200,000 Gallons of Industrial Coatings Worth Between $6 and $8 Million Annually (April 23/08)
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Exousia Advanced Materials > Message
Frenchy_profile

Re: NEWS - Exousia Signs Distribution Agreement for Southern China Territory

Posted by: frenchy on March 25, 2008 01:03PM

In response to: NEWS - Exousia Signs Distri... by AGORACOM

Sweet news! The release speaks for itself.

  • The agreement requires Mr. Chen to initially purchase a minimum of 10,000 gallons of Exousia's Advanced Industrial Coatings
  • Beginning in 2009, the Southern China Territory is committed to purchase at least $3 million USD worth of coatings each year
  • CSPG is a major customer that can purchase 200,000 gallons annually, or about three times the minimum sales quota for the entire territory.
  • Senior management at CSPG is very impressed with the technical advantages provided by Exousia's high-end, extreme environment coatings
Chalk up another 3 million in annualized revenue; we are now a little closer to the $100 rev number in 2-3 years Wayne was talking about.
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Wayne Rodrigue
Chairman & CEO
December 06, 2007

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