LAS VEGAS, Nov. 12, 2009 (GLOBE NEWSWIRE) -- There are contracts that can build bridges to a better future for an emerging company but very few of them literally do so as an after market release Wednesday from Axion International Holdings, Inc. (OTCBB:AXIH) seems to do.
Axion International, a next-generation technology innovator utilizing recycled plastic for high-load industrial products, reports that it has completed a milestone $957,000 contract for the construction of two railroad bridges designed from nearly 100% recycled plastics. This is a monumental achievement for Axion in a multitude of ways. First, it is imperative to note that this agreement is with the U.S. Army, no easy partner to walk in and woo with charts and models. Indeed, this deal follows the successful completion of other Axion bridges at Fort Bragg. The U.S. Army clearly liked what it saw there and came back for more.
So not only does Axion have another sizable contract with one of the biggest buyers in the world, but it also has a durable case study, a template for future partners, and of course, revenue coming in the corporate door.
A report focused on recycled materials and an examination of Axion International has been published at http://www.murphyanalytics.com/uploads/AXIH_Update
The report should be of particular interest to investors of recycled materials leaders International Paper Co. (NYSE:IP), Advanced Environmental Recycling Technologies, Inc. (Nasdaq:AERT), Eagle Materials Inc. (NYSE:EXP) and Vulcan Materials Company (NYSE:VMC).
Locate every blog, news item, message board and more for any of these recycled product companies at financial search engine www.BoardMark.com
Axion International is a leading structural solution provider of cost-effective alternative infrastructure and building products. The Company's "green" proprietary technologies allow for the development and manufacture of innovative structural products made from 100% recycled consumer and industrial plastics. Axion's up-cycled products are an economic and sustainable alternative to traditional building materials such as wood, steel or concrete.
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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. Small Cap Sentinel is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved statements made in this report. This report is neither a solicitation to buy nor offer to sell securities but is for information purposes only and shouldn't be used as the basis for any investment decision. IMI is not an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $5,000 for this report and other advertising services by Trilogy Capital Partners, a financial p.r. consultant to Axion International. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.