EXOU, Exousia Advanced Materials Inc, EXOU.OB
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“Exousia to be Cash Flow Positive in China by the end of July, 2009″
Thursday July 16, 2009
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EXOU, Exousia Advanced Materials Inc, EXOU.OB
Advanced Materials Help Small Businesses Keep On Truckin�
Using improved manufacturing materials is a good way for companies to help improve their bottom lines. This is especially true of the trucking and maritime industries, where vehicle and machinery weight directly impacts fuel expenditures.
�Reducing the weight of trucks by just 10% translates into potential savings of about $37 billion each year,� says Wayne Rodrigue, Chairman & Chief Executive Officer of Texas-based Exousia Advanced Materials. �If we are able to make truck bodies and cargo boxes lighter, our economy will experience enormous freight-load savings along with huge reductions in fuel consumption.�
Exousia to be Cash Flow Positive in China by the end of July, 2009
Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU), a manufacturer of advanced industrial coatings for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, announced recently that the company’s wholly owned foreign entity (WOFE), Tianjin Exousia Advanced Materials Company Ltd., expects to be cash flow positive in China by the end of July, 2009.
“Based on the cumulative effect of the additional orders from China United Engineering Corporation, as recently announced, and predicated upon servicing the pending orders for our PowerShield brand coatings from Bohai Shipbuilding and other China based customers, we expect that Exousia will be cash flow positive in China by the end of this month,” explained Mr. Bob Roddie, Exousia’s Senior Vice President and CFO
“We have kept operating costs low while building a solid infrastructure for significant growth. Keeping our overhead under control while securing business relationships with these major Chinese companies has allowed us to achieve this milestone quickly,” continued Mr. Roddie. “We are excited to see our efforts materialize in a substantive way.”
“While it has taken a little longer than we originally planned, we have successfully navigated the company towards increasing revenues that will result in our achieving a positive cash flow from China operations in the very near future,” stated Exousia CEO, J. Wayne Rodrigue.
Keep a close eye on EXOU today, do your homework, and like always BE READY for the ACTION!
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