EX-99.1
5
v168825_ex99-1.htm
Xiom
Corp. and Equisol, LLC Complete Transaction
West
Babylon, NY, December 7, 2009 - Xiom Corp. (OTC: XMCP) announced today that it
has completed a transaction to acquire 100% of the equity interests of Equisol,
LLC, ("Equisol") located in West Conshohocken, PA, and in exchange, the members
of Equisol received shares of common stock of Xiom Corp. (the "Company")
representing forty percent (40%) of the issued and outstanding shares of the
common stock of the Company on a fully diluted basis. Simultaneous
with the closing of the transaction, the Company reorganized into a holding
company structure pursuant to Section 251(g) of the Delaware General Corporation
Law, with the Company becoming a wholly owned subsidiary of Environmental
Infrastructure Holdings Corp. ("EIHC"), and EIHC becoming the public reporting
company. In the transaction, each share of the Company will be
converted into one share of EIHC. As a condition to the closing of
the transaction, EIHC and the Company raised a total of $705,000 in capital by
issuing 2,820,000_ shares at a purchase price of $0.25. The capital
raise will be used for working capital purposes of the Company and its
subsidiaries.
Also,
with the closing of the acquisition Michael D. Parrish becomes the Chairman,
CEO, and President of both the Company and EIHC.
The
Company will be filing the required documentation with FINRA to complete the
name change and to have a new trading symbol assigned.
Mr.
Parrish, the new Chairman, CEO and President of EIHC, stated
, "
The combination of these
two entities is the first step in establishing us as one of the premier
environmental companies worldwide. We are now ready to commercialize
the Xiom products and provide services through Equisol's professional team of
engineers and technicians on a nationwide basis. We are excited by
the opportunities provided us to aggressively grow both organically and through
potential acquisitions in the future
."
About
Equisol, LLC
Equisol,
LLC, is a unique equipment solutions provider specializing in the water and
wastewater industry. Our team of top rated engineers specializes in
automation equipment and services across multiple industries where water use and
automation are important. From consulting and design of equipment
systems, to sales, installation and maintenance services, Equisol can address
our customer's needs in many diverse applications. Equisol provides cost
effective equipment strategies to allow users of water and producers of
wastewater to achieve profitability while focusing on their core business
activities. Through our association with world technology leaders, we are
able to supply a broad spectrum of high quality products. Our staff, with
over 300 years of engineering experience in equipment automation, uses these
technologies to select the most effective solution for our customer's
applications.
About
Xiom Corp.
Xiom
Corp. is a technology business offering delivery of plastic powder coatings at
on-site locations utilizing the XIOM 1000 System. Powder coating
currently is a process in which metal parts are brought into a factory
environment where they are cleaned and prepared to receive a powder
coating. Plastic in powder form is then applied to the various metal
parts by means of an electrostatic charge that causes the powder to adhere to
the surface. The coated part is then heated in an oven for a period
of time to cause the plastic to melt and adhere to the
substrate. Although we use plastic powder, we do not
electro-statically charge that powder in order for it to adhere to a
substrate. We use a different mechanism which simultaneously applies
and fuses the powder to a substrate. The advantage of this process is
that the coating process is totally portable and can be applied anywhere, not
necessarily in a factory setting, and can be applied without use of an oven to
cure the coating, and can be applied to most substrates in addition to the metal
substrate to which powder coatings are traditionally applied in a factory, using
an oven.
Forward-Looking
Statements
This
press release contains forward-looking statements, which represent the Company's
expectations or beliefs, including, but not limited to, statements concerning
plans, growth and strategies, which include, without limitation, statements
preceded or followed by or that include the words may, will, expect, anticipate,
intend, could, estimate, or continue or the negative or other variations thereof
or comparable terminology. Any statements contained in this press release that
are not statements of historical fact may be deemed to be forward-looking
statements. These statements by their nature involve substantial risks and
uncertainties, some of which are beyond the Company's control, and actual
results. Readers should carefully review the risk factors described
in other documents the Company files from time to time with the Securities and
Exchange Commission, including the Company's Annual Report on Form 10-KSB for
the year ended September 30, 2008, Quarterly Reports on Form 10-Q, and Current
Reports on Form 8-K.
Contact:
Environmental
Infrastructure Holdings Corp.
Michael
Parrish, President & CEO
(866)
629-7646
info@corporateevolutions.com
Source:
Xiom Corp./ Environmental Infrastructure Holdings Corp.

EX - 99 . 1 5 v168825 _ ex99 - 1 . htm Xiom Corp . and Equisol , LLC Complete Transaction West Babylon , NY , December 7 , 2009 - Xiom Corp . ( OTC : XMCP ) announced today that it has completed a transaction to acquire 100 % of the equity interests of Equisol , LLC , ( " Equisol " ) located in West Conshohocken , PA , and in exchange , the members of Equisol received shares of common stock of Xiom Corp . ( the " Company " ) representing forty percent ( 40 % ) of the issued and outstanding shares of the common stock of the Company on a fully diluted basis . Simultaneous with the closing of the transaction , the Company reorganized into a holding company structure pursuant to Section 251 ( g ) of the Delaware General Corporation Law , with the Company becoming a wholly owned subsidiary of Environmental Infrastructure Holdings Corp . ( " EIHC " ) , and EIHC becoming the public reporting company . In the transaction , each share of the Company will be converted into one share of EIHC . As a condition to the closing of the transaction , EIHC and the Company raised a total of $ 705,000 in capital by issuing 2,820,000 _ shares at a purchase price of $ 0.25 . The capital raise will be used for working capital purposes of the Company and its subsidiaries . Also , with the closing of the acquisition Michael D . Parrish becomes the Chairman , CEO , and President of both the Company and EIHC . The Company will be filing the required documentation with FINRA to complete the name change and to have a new trading symbol assigned . Mr . Parrish , the new Chairman , CEO and President of EIHC , stated , " The combination of these two entities is the first step in establishing us as one of the premier environmental companies worldwide . We are now ready to commercialize the Xiom products and provide services through Equisol 's professional team of engineers and technicians on a nationwide basis . We are excited by the opportunities provided us to aggressively grow both organically and through potential acquisitions in the future . " About Equisol , LLC Equisol , LLC , is a unique equipment solutions provider specializing in the water and wastewater industry . Our team of top rated engineers specializes in automation equipment and services across multiple industries where water use and automation are important . From consulting and design of equipment systems , to sales , installation and maintenance services , Equisol can address our customer 's needs in many diverse applications . Equisol provides cost effective equipment strategies to allow users of water and producers of wastewater to achieve profitability while focusing on their core business activities . Through our association with world technology leaders , we are able to supply a broad spectrum of high quality products . Our staff , with over 300 years of engineering experience in equipment automation , uses these technologies to select the most effective solution for our customer 's applications . About Xiom Corp . Xiom Corp . is a technology business offering delivery of plastic powder coatings at on - site locations utilizing the XIOM 1000 System . Powder coating currently is a process in which metal parts are brought into a factory environment where they are cleaned and prepared to receive a powder coating . Plastic in powder form is then applied to the various metal parts by means of an electrostatic charge that causes the powder to adhere to the surface . The coated part is then heated in an oven for a period of time to cause the plastic to melt and adhere to the substrate . Although we use plastic powder , we do not electro - statically charge that powder in order for it to adhere to a substrate . We use a different mechanism which simultaneously applies and fuses the powder to a substrate . The advantage of this process is that the coating process is totally portable and can be applied anywhere , not necessarily in a factory setting , and can be applied without use of an oven to cure the coating , and can be applied to most substrates in addition to the metal substrate to which powder coatings are traditionally applied in a factory , using an oven . Forward - Looking Statements This press release contains forward - looking statements , which represent the Company 's expectations or beliefs , including , but not limited to , statements concerning plans , growth and strategies , which include , without limitation , statements preceded or followed by or that include the words may , will , expect , anticipate , intend , could , estimate , or continue or the negative or other variations thereof or comparable terminology . Any statements contained in this press release that are not statements of historical fact may be deemed to be forward - looking statements . These statements by their nature involve substantial risks and uncertainties , some of which are beyond the Company 's control , and actual results . Readers should carefully review the risk factors described in other documents the Company files from time to time with the Securities and Exchange Commission , including the Company 's Annual Report on Form 10 - KSB for the year ended September 30 , 2008 , Quarterly Reports on Form 10 - Q , and Current Reports on Form 8 - K . Contact : Environmental Infrastructure Holdings Corp . Michael Parrish , President & CEO ( 866 ) 629 - 7646 info@corporateevolutions.com Source : Xiom Corp . / Environmental Infrastructure Holdings Corp .