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NXSI Nexis International Industries Inc (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nexis International Industries Inc (CE) USOTC:NXSI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Nexis International Industries, Inc. (Pink Sheets: NXSI) signs major contract with Chinese Government entity

23/10/2007 2:38pm

PR Newswire (US)


Nexis International Indu... (CE) (USOTC:NXSI)
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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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