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Axion International (AXIH) Announces Order to Supply Proprietary Recycled Structural Composite (RSC) Crossties

May 24, 2011 11:08 AM ETAXIHQ
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Axion International recently announced that the Company received an order to supply $250,000 worth of their proprietary Recycled Structural Composite (RSC) crossties to Dallas Area Rapid Transit (DART). These are for use in the Trinity Railway Express (TRE) that connects Dallas and Fort Worth. Named after the Trinity River, which flows between Dallas and Fort Worth, the TRE commuter rail line was created by an inter-local agreement between DART and the Fort Worth Transit Authority (The T).

Axion International is servicing the contract through Herzog Transit Services, which operates the TRE line. Axion, as part of the initial order, will deliver approximately $250,000 worth of their RSC crossties to replace traditional wood ties.

Their RSC is an ideal wood substitute for railway crossties. The Company’s RSC crossties are immune to rot, insect damage and mold. They are also expected to last for decades because of their proprietary design and construction from 100 percent recycled plastic.

Axion International’s ties will be utilized on a two mile long bridge (the Beltline Overpass). The Company’s ties were chosen by the TRE because of their strength and longevity. This should significantly lower the maintenance and replacement costs over the life of the bridge.

Mr. Steve Silverman, Axion International’s President and Chief Executive Officer, said, “Axion’s RSC is an ideal substitute for traditional wood ties across the Beltline Overpass. Using our patented material, designed from 100 percent recycled plastic, TRE will not only be able to save on maintenance costs going forward, it will divert thousands of pounds of plastic waste that would normally be headed for landfills, while simultaneously investing in a superior crosstie that is expected to last longer than those currently in use. We would like to thank our partners for adopting our technology in their commuter rail system.”

Mr. Silverman added, “Now with our product being utilized in a key section of the TRE commuter rail line, we look forward to meeting any of DART’s other future public transportation needs as we continue to demonstrate the real-world applications of our RSC technology, including its superior strength and long-life characteristics.”

Axion’s RSC was developed in conjunction with Rutgers University’s Materials Sciences and Engineering Department. The Company’s RSC is inert and contains no toxic materials. It will not leach toxic chemicals or warp. It is lighter than traditional materials; therefore transporting RSC is less expensive and reduces energy costs. Moreover, RSC is completely recyclable at the end of its functional life.

Headquartered in New Providence, New Jersey, Axion International is a leading structural solution provider of cost-effective alternative infrastructure and building products. Their “green” proprietary technologies allow for the development and manufacture of innovative structural products made from 100 percent recycled consumer and industrial plastics. Their up-cycled products are an economic and sustainable alternative to traditional building materials such as wood, steel or concrete.

For more information visit: axionintl.com

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