Alloy Steel Inc. (fka AYSI)

[MikeDDKing]

Alloy Steel International Announces Resignation of CEO
On Wednesday June 8, 2011, 10:15 am

PERTH, Australia, June 8, 2011 /PRNewswire/ -- Alloy Steel International, Inc. (OTC PK: AYSI) announced today the departure of CEO John Cleland.

Following a review of the company organization structure CEO John Cleland has departed the Company effective 27 May 2011. The Company will advise shareholders of the revised organization structure in due course.

About Alloy Steel International, Inc

Alloy Steel International manufactures and distributes Arcoplate, a market leading wear-resistant alloy overlay wear plate, through a patented production process. In mining processing industries, wear is the primary cause of down time, the period of time where machinery is not in operation because of the necessity of repairs or refurbishment. The Arcoplate product line substantially lowers down time and the resulting lost production. Arcoplate is widely accepted in the mining and mineral processing industries to protect a host of fixed plant and mobile equipment applications. Alloy Steel International boasts major mining companies as its clients and services the global market place from its Australian manufacturing facilities.