BASKING RIDGE, N.J., Sept. 22 /PRNewswire-FirstCall/ -- Axion
International Holdings, Inc. (OTC Bulletin Board: AXIH), a technology
company that converts recycled plastics into high value-added structural
products used in commercial applications, today announced that the US Army
has ordered another new bridge to be constructed using the Company's
patented blend of recycled composite materials. This bridge, an addition to
the Army's original bridge order placed in July 2008, will be approximately
fifty-one feet long, 1/3 longer than the first one and will be capable of
handling loads in excess of 140,000 lbs to allow tanks to traverse it.
James Kerstein, CEO of Axion, stated, "We're very pleased to have
received another bridge order from the United States Army. This order is
further tangible evidence that our patented technology is raising the bar
on what can be achieved using recycled materials to open markets through
previously unreachable performance standards. The development of these
bridges synchronizes perfectly with our focus on rebuilding and greening
the US infrastructure.
As we continue to focus on building our sales pipeline, we intend to
fully leverage this success in the construction of bridges in other
verticals including the golf industry as well as the general vehicular
transportation industry. Being chosen by a respected organization like the
Army positions us extremely well for future growth opportunities."
In awarding the contract, the Army stated, "Because of the durability
(corrosion resistance) these materials offer, there is an interest within
the Army for using thermoplastic composites for vehicular bridge
applications at a minimum 70 ton load capacity. The need for a minimum 70
ton load capacity will require an innovative design and materials
application -- the existing wood bridge to be replaced currently has a load
rating of 6 tons."
In addition to the two latest orders, a bridge located in Fort Leonard
Wood was constructed in 1998 using our first generation technology. A
recent study by the U.S. Army Corps of Engineers' concluded that the Fort
Leonard Wood Bridge has had virtually no maintenance and still looked like
new after nine years.
About Axion International
Axion International (www.axionintl.com) is positioned as an important
structural product provider of alternative infrastructure and building
products. Axion operates from a "green" base, developing structural
products made from recycled consumer and industrial plastics that would
otherwise be discarded into landfills. Axion International's patented
technologies, developed in collaboration with scientists at Rutgers
University, allow for products that are extremely strong, durable, flexible
in use, and low maintenance. Traditional construction suppliers of wood,
steel, and concrete cannot compete with the flexible design features of
structural plastic. Manufactured from consumer and industrial waste
plastics, Axion's upcycled products are an economic alternative to
traditional building materials.
This release contains "forward-looking statements" for purposes of the
Securities and Exchange Commission's "safe harbor" provisions under the
Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the
Securities Exchange Act of 1934. These forward-looking statements are
subject to various risks and uncertainties that could cause Analytical
Surveys' actual results to differ materially from those currently
anticipated, including the risk factors identified in Analytical Surveys'
filings with the Securities and Exchange Commission.
SOURCE Axion International Holdings, Inc.