Nexis revises net earnings forecasts to Euro 8million (US$12m) for 6 months to December 2008
2008年7月12日 - 5:00AM
PRニュース・ワイアー (英語)
Nexis International Industries, Inc. (Pink Sheets: NXSI; Frankfurt
Bourse: 3nx.f) MELBOURNE, Australia, July 11 /PRNewswire-FirstCall/
-- Nexis International Industries Inc. (Pink Sheets: NXSI - News)
http://www.nexisint.com/ has revised its preliminary net earnings
forecasts to Euro 8million (US$12million), for the six months to 31
December 2008. This preliminary forecast is based upon agreements
already entered into by Nexis for the establishment of Nexis plants
and distribution of Nexis building panels in a number of 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 tons of municipal solid
waste per year, in order to deliver up to 80,000 homes. The
company's business model is for Nexis to own the plants and retain
a 50% interest in the marketing/distribution business operated
under license by a local partner. The most recent agreement is for
the appointment of a Licensee for the North American region,
comprising United States of America and Canada. Under this
agreement, Nexis will receive a license fee of Euro 20million
(US$32million) due in monthly installments over 20 months, prior to
commissioning of the first plant in North America. The North
American Licensee undertook due diligence on the Nexis program
during June 2008 and the first monthly license fee payment under
this agreement is anticipated to commence during the September 2008
quarter. Rahoul Ray CEO and President Important Disclosure 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: Email: ,
Telephone: +1-888-890-8905
Copyright