Alexium International Group Limited
(ASX:AJX) says its secured its second major US brand in a deal which will lift US revenue to around $6.8 million.
Alexium scored its first large scale production order for its Alexiflam fire retardant mattress finish in September. Based on performance the client has elected to use the treatment on a second national brand under its umbrella.
Alexium says the second deal virtually sold itsself with little effort on behalf of the company.
Alexium reported a net loss of $11.76 million for the 2015 financial year.