PERTH, AUSTRALIA and GREER, SC– AXXIY, (Marketwired – Mar 15, 2016) – Alexium International Group Limited (Alexium) (ASX: AJX) (OTCQX: AXXIY) is pleased to announced that Standard & Poor’s Dow Jones Indices has added Alexium to the S&P/ASX 300 — effective after the close of market on March 18, 2016.
“This is a significant milestone for Alexium and we are grateful for the continued support and confidence of our shareholders, which has made this achievement possible. Being admitted to the S&P/ASX 300 is an important recognition of our recent strong growth,” said Nicholas Clark, Alexium CEO.
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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 treatments are currently marketed for different fabric markets under the Alexiflam™, Ascalon™, Nycolon™, Nuvalon™, and Polytron™, Omnitron™ and Bactron™ trademarks.