Axion International Receives First Order from New Zealand's National Railroad, Kiwi Rail

may 14 2012

Axion International Holdings, Inc. AXIH -10.53% , a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX(TM) rail ties and STRUXURE(TM) building products, apprised that the company's first purchase order is being shipped to New Zealand's Kiwi Rail. The "sleepers" (railroad ties) are the rail line's first such order of Axion's longer lasting recycled ECOTRAX(TM) products and are being installed in critical application areas such as turnout switch-sets and transoms (ties installed on open deck bridges).

The order is being fulfilled through Axion's recently signed regional distribution agreement, which covers Australia, New Zealand and South East Asia. Kiwi Rail is a Statutory Corporation and the backbone of New Zealand's integrated transport network. Kiwi Rail manages more than 4,000 Km (2,400+ miles) of rail lines and 18,000 hectares (almost 45,000 acres) of land.

"Today's order from Kiwi Rail is another example of a leading global railroad turning to Axion to find a solution to the poor quality ties being shipped from traditional sources," stated Cory Burdick, Axion's ECOTRAX(TM) Sales Manager. "Our ties are without challenge in harsh environments and hard-to-maintain locations such as bridges and switches. They excel in areas where the environment tends to degrade traditional wooden ties. Axion's diversified global customer base continues to expand, and we're pleased that our unique product continues to gain traction."

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