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Axios Mobile Assets Corp
Symbol AXA
Shares Issued 230,071,112
Close 2015-06-29 C$ 0.14
Market Cap C$ 32,209,956
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Axios expands pallet contract with Trillium, Centrum

2015-06-30 11:45 ET - News Release

Mr. Richard MacDonald reports

AXIOS MOBILE ASSETS: ADDITIONAL DISTRIBUTION CENTERS OFFER AXIOS NEW GROWTH OPPORTUNITIES

Axios Mobile Assets Corp. has expanded its relationship with Trillium and Centrum Valley Farms, located in Ohio and Iowa, respectively. With this expansion, the two egg producers will completely convert to the company's pooled lightweight pallet solution, increasing Axios-serviced distribution centres from two to 13. The additional DCs will provide Axios with growth opportunities by increasing the size of the company's pool and number of issuances, establishing new lanes and driving additional revenue.

"This expansion resonates with our growth plan," said Axios president and chief executive officer, Richard MacDonald. "Our current growth strategy focuses on the egg market, cold storage and the perishable goods vertical. This network rollout provides us with more connectivity, and the ability to expand the network into new sales opportunities and retailers."

"What's more," Mr. MacDonald said, "we are pleased to assist Trillium and Centrum in the supply chain containment of the avian flu because of the Axios proprietary material and washing protocol." Doug Mack, chief operating officer, Trillium Farms, stated, "In our efforts to ensure flock safety and biosecurity compliance, we wanted to adopt the Axios solution across the board because of its superior platform, performance, data collection and phytosanitary attributes."

Trillium Farms

Trillium is one of America's leading shell egg and egg-product producers founded by the Dean, Henning and Boomsma families. With a rich history in farming and egg production, its commitment to doing the right thing is engrained in all its management teams and all its dedicated employees since the first farm in 1978.

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