Alexium International Group: Australian Government Research and Development Tax Incentive of $205,000
(firmenpresse) -
Alexium International Group: Australian Government Research and Development Tax Incentive of $205,000
Perth, WA and Greer, South Carolina, Alexium International Group Limited (Alexium) (ASX:AJX, AX:AJX, OTC QX:AXXIY) announced today that it expects to receive a cash payment of approximately $205, 000 (thousand dollars) from the Australian Government under the 2012 Research and Development Tax Incentive (Australia) scheme.
Along with the successful $1.1m convertible note raise, and Alexium’s recent press release on increased revenues, the receipt of this payment places the company in a strong financial position moving into 2013.
Recent highlights;
• Alexium is now receiving increased revenues from commercial relationships related to the commercial roll out of its novel fire retardant “FR” nylon treatment.
• Alexium is receiving additional revenues from the US Air Force to further develop and evaluate Alexium’s Cleanshell® CB repellency treatment.
For more information visit Investor Relations Tab at: www.alexiuminternational.com
Contacts
United States
Stefan Susta
COO & Executive Director
ssusta(at)alexiuminternational.com
T: +1 864-908-6946
Australia
Gavin Rezos
Executive Chairman
grezos(at)alexiuminternational.com.au
T. +618 6162 1358
M. +61 412 898 235
Nicholas Clark
CFO & Company Secretary
nclark(at)alexiuminternational.com
T. +618 6162 1358
M. +61 432 412 663
About Alexium
Alexium International Group Limited (ASX:AJX, AX:AJX OTC QX:AXXIY) holds proprietary patent applications for a process developed initially by the US 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 retardance, water proofing, oil proofing, anti-microbial, non-stick and UV protection. Applications under development include but are not limited to textiles, composites, paints, packaging, glass and building materials. Further information is available at www.alexiuminternational.com
About OTCQX
Alexium International Group Limited (OTCQX: AXXIY) trades on the OTCQX, the top tier of the OTC market designed for the best OTC companies that meet the highest financial standards and undergo a qualitative review. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com
Leseranfragen:
Alexium International Group
Level 28, AMP Tower, 140 St. Georges Terrace, Perth, Western Australia 6000
Tel.: +61(08) 9486
Fax: +61(08) 9486
info(at)alexiuminternational.com
Datum: 17.10.2012 - 08:57 Uhr
Sprache: Deutsch
News-ID 193160
Anzahl Zeichen: 2806
contact information:
Town:
Wien
Kategorie:
Business News
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