Agreement to Distribute TRUSSCORE Result of Strong Product Performance, Positive Customer Response
Eco-Friendly Structural Component Can Replace Wood, Fiberglass, and Other Natural Materials
SUGAR LAND, Texas, March 31 /PRNewswire-FirstCall/ -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU) (News; www.exousiacorp.com), a company that manufactures advanced industrial products for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, has signed an exclusive national distributorship agreement with Universal Forest Products (Nasdaq: UFPI) to sell TRUSSCORE in industries including cargo trailer manufacturing, concrete forms, and shipping containers, among others.
TRUSSCORE is an RPA(TM) Resin-based composite material that can be used as a structural component that replaces fiberglass reinforced plywood or similar natural materials in various applications. A proprietary resin that bonds rubber and plastic, RPA overcomes problems of poor strength and performance, provides a reusable and recyclable packaging and shipping solution and results in highly improved tensile strength and elongation capability.
Over the past sixty days, Exousia has explored commercial applications with Universal Forest Products (UFP), the nation's leading supplier of engineered packaging, concrete forms and panels for the transportation industry through its fast-growing Industrial Sales Division. During this time, UFP reported overwhelmingly positive response to the product from its customers due to such factors as significant weight savings and corresponding increased fuel economy for cargo boxes and trailers, increased durability for shipping and transportation containers, and the ability to recycle the material. Based on the initial sales response and the immediate nationwide reach of the Industrial Sales Team, Exousia and UFP have entered into this exclusive distributorship agreement.
'We are thrilled to enter into this significant agreement with the nation's leading manufacturer and distributor of specialty industrial products,' said Wayne Rodrigue, President and CEO of Exousia. 'Universal Forest Products has a tremendous customer base across multiple markets that include industrial, transportation, and shipping, making them an ideal distributor for our products. This contract validates our strong product pipeline and the quality of our advanced materials.
