SUGAR LAND, Texas, March 27 -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU) announces that the Company's first permanent display showcase in China will be opened in Tianjin's new Hardware Expo Center in late April. Exousia's corrosion protection products are marketed in China under the trade name Power Shield.
The Tianjin Hardware Expo Center is the newest and largest multi-purpose professional and industrial mega center in China, encompassing 9 million square feet. The Expo Center consists of office buildings, hotels, a conference center, trading area, logistics, IT management, E-Commerce, brand name product display and more. Phase-1 development of the Expo Center has just been completed, with over $100 million USD invested, and hosts over 5,000 display spaces. The Tianjin Expo Center is projected to facilitate nearly $1.5 billion in sales in 2008, growing to $6 billion by 2015.
Exousia will display its Power Shield advanced coatings and other advanced material products alongside its exclusive distributor in the region, Northern International Group (NIG). NIG is a major state-owned holding company in Tianjin with over 20 subsidiaries in machinery, minerals and metals, textile, import-export and more. Leading exhibitors in the Expo Center include ABB, Siemens, LG, Bosch, Sanyo, Makita, 3M, Stanley, and many others.
Tianjin is China's largest port city and is located about 50 miles from Beijing. The city is at the center of the Bohai Gulf Economic Development zone and is rapidly becoming the hub for heavy industry in Northern China. The Chinese Government is heavily investing into, and developing, Tianjin to replicate the successes in Shenzhen and Shanghai. The Expo Center is key to the region's growth.
"This key milestone represents Exousia's first public presence in China," comments Exousia VP of Asian Sales and Marketing, David Chen. "Exousia is committed to building long-term participation in the dynamic Chinese economy and being part of this major economic center is an important step. The move is a precursor to our overall strategy of establishing Exousia-owned manufacturing operations in Tianjin," adds Mr. Chen.
ABOUT EXOUSIA ADVANCED MATERIALS, INC.
Exousia supplies advanced resins, engineered particles, and industrial products. Exousia products enhance strength, durability, cost effectiveness and performance for a wide range of manufacturing, commercial and construction applications. The Company markets into both domestic and international markets.
FOR FURTHER INFORMATION & DISCUSSION
Investors are invited to visit the Exousia Advanced Materials IR Hub at AGORACOM: http://www.agoracom.com/ir/Exousia where they can post questions and receive answers or review questions & answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to: EXOU@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.
FORWARD LOOKING STATEMENTS
Statements released by Exousia Advanced Materials, Inc. that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995 including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward looking statements contained in this release.
CONTACT
Brokers:
Surety Financial Group, LLC
(410) 833-0078
Investors:
http://www.agoracom.com/ir/Exousia
