Aegeon Poised for Breakout Year

Monday, December 29, 2008

Exousia Advanced Materials, Inc. (OTC:EXOU) says that its Aegon Advanced Coatings division is poised for an outstanding year in 2009.

During 2008 Aegeon Advanced Coatings increased current customer accounts, reacquired past customers, and acquired new customer business, including two significant purchase orders from major domestic and international customers.

Aegeon currently has an active base of over 100 customers and plans to increase its sales force to target new customers. The company has set an aggressive goal of tripling their revenue base during the first quarter of 2009. By starting 2009 with the strong momentum of its sizable orders the company believes it is poised to capitalize on the domestic and international investments in industrial infrastructure being made in response to the current economic climate.

"Aegeon is a niche-focused producer of value-added products with high margins that face comparatively minimal competition," stated Garner Holdsworth President of Aegeon. "New products and reformulations are being developed every week that will allow our sales force to continue generating new customers. It also allows us to better support our existing customers leading to greater sales from current accounts. With our new ThermaCorr High Temperature and Insulative Coating products for petrochemical and heavy industrial applications, combined with substantial committed orders for 2009, we believe Aegeon is well positioned to meet its objectives next year," adds Mr. Holdsworth.

"President-Elect Barack Obama has repeatedly talked about rebuilding the infrastructure here in the United States," commented Exousia CEO, J. Wayne Rodrigue. "With the many specialty and protective industrial coatings Aegeon produces, Exousia is ready to take advantage of the enormous opportunity that rebuilding the U.S. infrastructure offers to our company. Combined with the recently announced distribution agreement with the HARCO Group, as well as yet to be announced developments, we believe we are on pace to meet or exceed expectations for 2009."

For over 30 years Aegeon Advanced Coatings has manufactured and provided specialized industrial coating systems for the petrochemical, refining, marine, and power generation industries. The company offers a wide range of products and services designed to protect customer assets and profitability through innovation and superior coating system design. Aegeon is a wholly owned division of Exousia.

(www.exousiacorp.com)

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

 
 
Maritime Contracts Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1323 sec (8 req/sec)