DGAP-Media: Alexium International Group Limited: ALEXIUM AND STEDFAST EXECUTE TEAMING AGREEMENT
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Alexium International Group Limited: ALEXIUM AND STEDFAST EXECUTE
TEAMING AGREEMENT
15.02.2011 / 09:00
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GREER S.C./U.S.A. and Quebeck/Canada. Alexium International Limited
(ASX:AJX) and Stedfast, Inc. announce the execution of a teaming agreement
to jointly compete for the Uniform Integrated Protection Ensemble (UIPE)
program of the United States Department of Defence (US DoD) for a
lightweight protective garment against CB (Chemical and Biological) warfare
agents. The UIPE program is a fully funded and valued up to US$129 million
The US Army RDECOM contracting office is currently in the process of
soliciting proposals from industry.
Stedfast is an 80 year old Canadian company and a leader in the
manufacturing of highly specialized fabrics for use with multiple coating
technologies. Stedfast has developed a range of fabrics for protective
clothing in various professions and industries such as firefighters,
Defence, police officers, surgeons, and linemen. Stedfast's flexibility
allows them to adapt their customer's products to respond to the most
extreme conditions like water, fire, wind, foul weather, cold weather,
heat, moisture, and resistance to gas and chemical products. Stedfast has
production facilities in the USA and Canada and their product range is sold
and marketed throughout the world.
This teaming agreement is based on prior development work performed by the
US Army Natick Soldier System and Defence Threat Reduction Agency under the
Integrated Protective Fabric System program. The Alexium/Stedfast team
using Stedfast fabric and Alexium's Reactive Surface Treatement coating
technology (RST) have demonstrated superior CB protection performance, oil
repellency, and breathability over current CB protection suits.
The Alexium/Stedfast team is working with raw material suppliers and a
garment manufacturer as prime contractors to supply the US DoD and will
seek export licenses to supply other defence industry users. The garment is
primarily designed for defence industry users in up-tempo environments,
including special operations personnel. The lightweight CB garment will be
suitable for wearing in combat operations with minimal impact on combat
effectiveness, while reducing the thermal strain and the encumbrance of
wearing conventional CB protective suits.
Steve Ribich, CEO of Alexium noted that 'the teaming agreement is based on
combining two state of the art technologies and businesses to provide the
best product to the defence industry and other markets.' The new product
will be commercially available in the next month and will be submitted into
the UIPE solicitation. Alexium anticipates that the UIPE program will make
a contract award and issue a delivery order this year to the successful
tenderer, after conducting extensive evaluations.
Rob Kellock, President of Stedfast, said that the unique capabilities of
the Alexium RST technology and the capability of Stedfast's fabrics made
the combined garment a strong contender for the valuable UIPE contract.
The UIPE program adds to the current JFIRE and JLIST programs at the US DoD
in which Alexium is participating.
For more information visit: www.alexiuminternational.com and
www.stedfast.com
Contacts
United States
Mr. SteveRibich
Chief Executive Officer
T. +1 864-908-6947
M. +44 7815 100 859
sribich(at)alexiuminternational.com
Australia
Mr. Gavin Rezos
Chairman
T. +61 864 670 101
M. +61 412 898 235
grezos(at)alexiuminternational.com.au
Mr. Nicholas Clark
CFO&Company Secretary
T. +61 86316 300/
M. +61 433 569 701
nclark(at)alexiuminternational.com.au
About Alexium
Alexium International Group Limited (ASX:AJX, AX:AJX) 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 water proofing, oil proofing, anti
microbial, non-stick and UV protection. Applications under development
include but are not limited to textiles, paints, packaging, glass and
building materials.
About Stedfast
Stedfast, Inc. is a private 80-year-old company based in Granby, Quebec,
Canada. Stedast is an established leading developer and supplier of
innovative flexible protective materials utilizing multiple coating and
laminating technologies for specialized high value end uses. Stedfast has
production facilities in the USA and Canada. Their product range is sold
and marketed throughout the world.
End of Media Release
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112164 15.02.2011
Datum: 15.02.2011 - 09:00 Uhr
Sprache: Deutsch
News-ID 33204
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