Axion Announces the Appointment of Two Directors
New Directors Provide Wealth of Branding and Finance Experience
Jun 2, 2009 1:30:00 PM
Copyright Business Wire 2009
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View Additional ProfilesBASKING RIDGE, N.J.--(BUSINESS WIRE)-- Axion International Holdings, Inc. (OTCBB:AXIH), a market disruptive designer and developer of eco-friendly structural building solutions made from 100% recycled plastics, announces the appointment of Alan Siegel and Miles Slater to its Board of Directors.
"We are pleased to announce the appointment of both Mr. Siegel and Mr. Slater to the Board of Directors," said James Kerstein, Chief Executive Officer. "Each of these seasoned professionals provides years of experience in their respective fields of branding and finance. As Axion's new directors, they represent a remarkable opportunity for our company to increase awareness through their extensive collection of business relationships as well as hone our vision, which has already been validated by the US Military and several of the largest freight and transit lines in the United States."
Alan Siegel has become one of the best-known figures in the branding business over the past three decades. He has built a leading brand consultancy, Siegel+Gale, devoted to positioning global companies for competitive success. Mr. Siegel pioneered the development of plain English for complex legal documents for business and government in the 1970's and is considered one of the country's leading authorities on business communications. During the 1980's he popularized the concept of "brand voice." In the 1990's his firm championed the internet as a powerful expression of brand strategy. Mr. Siegel was director of a project for the Internal Revenue Service to simplify U.S. individual income tax forms; he has written extensively on this subject for the New York Times, Across the Board, and the National Law Journal and has appeared nationally on Today, the McNeil-Lehrer Report, and the CBS Evening News with Dan Rather.
Miles Slater is the ex-President and CEO of Salomon Brothers International and member of Salomon Brothers Board of Directors. Mr. Slater began his career working at the Federal Open Market Committee Trading Desk and has held senior executive and board positions with several Wall Street Firms including First Pennco Securities, Blyth Eastman Dillon and Bankers Trust Company. He has also been Chairman of the Advisory of Bank Julius Baer - the historic Swiss Private Bank. His list of clients included some of the most prestigious institutions and Governmental organizations in the world. Mr. Slater has held numerous seats on both corporate and not-for-profit boards.
In addition to these appointments Jim Kerstein has assumed the position of Chairman of the Board, along with his role as CEO. For more information on these appointments please reference Axion's recently filed Form 8K with the SEC, which is available at www.sec.gov.
About Axion International
Axion International is a leading structural solution provider of cost-effective alternative infrastructure and building products. The Company's "green" proprietary technologies allow for the development and manufacture of innovative structural products made from 100% recycled consumer and industrial plastics. Axion's up-cycled products are an economic and sustainable alternative to traditional building materials such as wood, steel or concrete. Developed in collaboration with scientists at Rutgers University, Axion's patented technologies allow for products that are extremely strong, durable, flexible in design, and low maintenance.
For a comprehensive investor relations portal complete with fact sheets, presentations, interviews and video (when available), please navigate to: www.trilogy-capital.com/autoir/axih_autoir.html
For additional information, please visit Axion's corporate website: www.axionintl.com
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Axion's actual results to differ materially from those currently anticipated, including the risk factors identified in Axion's filings with the Securities and Exchange Commission.
Source: Axion International Holdings, Inc.
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Axion International Holdings
James Kerstein
Chief Executive Officer
908-542-0888
kersteinj@axionintl.com
or
Financial Communications:
Trilogy Capital Partners
Darren Minton
Vice President
Toll-free: 800-592-6067
info@trilogy-capital.com
