Strong client demand from North America and Middle East markets for Nexis "Green" manufacturing plants

(Pink Sheets: NXSI; Frankfurt Bourse: 3nx.f) 


MELBOURNE, Australia, May 7  /PRNewswire-FirstCall/ -- Nexis International Industries Inc. (Pink Sheets: NXSI - News) http://www.nexisint.com/ has meetings scheduled with international non-government organizations, governments and corporations over the coming two weeks to discuss the establishment of Nexis plants in North America and the Middle East.

These meetings are in response to strong demand - from the USA, Canada and various parts of the Middle East and North Africa - for Nexis plants in those regions. This demand is due to Nexis' ability to provide a viable commercial response to the increasing shortage of affordable housing as well as dealing with the growing waste problem in those countries.

Nexis manufacturing plants use a proprietary "Green" technology to produce high volumes of building panels by processing mixed dry solid waste that would ordinarily be destined for landfills. A large Nexis plant can process up to 750,000 tonnes of municipal solid waste per year, in order to deliver up to 80,000 homes. Benchmark returns to Nexis, from a standard plant of 250ktpa, are approximately Euro 144 million (US$220million) per year.

The company's Executive Chairman, Walter Filler, said he was confident that the scheduled meetings commencing next week in New York, Bahrain and Dubai would lead to an extension of the contract pipeline for Nexis. He said that preliminary indications were that there was immediate demand for between six to eight plants in these regions.

  Rahoul Ray
  CEO and President

  Important Disclosure
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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.



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