Nexis International Industries, Inc. (Pink Sheets: NXSI) signs major contract with Chinese Government entity
23 Octobre 2007 - 3:38PM
PR Newswire (US)
TORONTO, Oct. 23 /PRNewswire-FirstCall/ -- Nexis International
Industries, Inc (Pink Sheets: NXSI) http://www.nexisint.com/ has
entered into a major binding contractual agreement with a Chinese
Government entity. Pursuant to this arrangement, the Chinese
government entity will provide 750,000 kiloton's of mixed solid
waste stream per annum, as a raw materials source for a proposed
Nexis International Manufacturing Plant. Once established the
proposed manufacturing plant will produce enough 5Stargreen
building panels to enable the construction of 60,000 homes per
annum in the region. Marketing license arrangements have also been
signed with a Chinese marketing, distribution and implementation
company to exclusively receive all product from the proposed plant.
Walter Filler, Director Business Development, said that he expected
business and plant preparations would be undertaken within the
following months to enable Nexis International to start production
and sales. The company's CEO, Rahoul Ray, said this was exciting
news and follows the successful listing of the company on the
Deutsche Borse in Frankfurt, Germany (symbol: 3nx.f). Rahoul Ray
CEO and Director About Nexis International Industries, Inc. Nexis
International Industries have developed an innovative technology
for an environmentally sustainable future. The Nexis International
Manufacturing System was created through significant research and
development into an industrial solution that was able to solve
three major issues facing governments and consumers: waste
management, job creation and affordable housing. The Nexis
International Manufacturing System is able to convert landfill
destined waste into environmentally friendly building panels,
marketed under the trade name "5Stargreen(TM)" for use in the
construction of modular houses. This press release contains
"forward looking" statements within the meaning of Section 21A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934 as amended, and is subject to the
safe harbors created thereby. Such statements involve certain risks
and uncertainties associated with an emerging company. Actual
results could differ materially from those projected in the Forward
looking statements as a result of risk factors discussed in Nexis
International Industries reports that will be on file with the US
Securities and Exchange Commission. DATASOURCE: Nexis International
Industries, Inc. CONTACT: Rahoul Ray, CEO and Director,
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