AXION Signs Distribution Agreement For STRUXURE® Construction Mats with Canadian Corporation In The Oil And Gas Industry

ZANESVILLE, Ohio, Aug. 26, 2014 /PRNewswire/ -- AXION International Holdings, Inc. (OTCQB: AXIH), a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX® rail ties/sleepers and STRUXURE® building products, and a vertically integrated re-processor and supplier of recycled plastic, today announced that it has signed a distribution agreement for STRUXURE® Construction Mats with Hydra Energy Solutions Ltd., a Canadian corporation in the oil and gas industry.

Multiple purchase orders are being shipped on trucks and railcars into western Canada for use on oil and gas projects. These initial shipments total over 150 units consisting of STRUXURE® Heavy Mats and new Access Road Mats. The Company expects additional orders by the end of 2014.

The Canadian energy industry is one of largest in the world. According to the report Energy Vision 2014: At a crossroads by PricewaterhouseCoopers (PWC), "Canada's potential as an oil producer is almost unparalleled, with proven and recoverable reserves ranking near the top in the world." The report also stated that in 2013, exports increased to more than 2.5 million barrels of oil per day and Canada is only one of the 14 countries that is capable of exporting 1 million barrels a day. The report Crude Oil: Forecast, Markets & Transportation by Canadian Association of Petroleum Producers (CAAP) states that Canada holds 173 billion barrels of proven crude oil reserves, which are the world's third largest reserves after Venezuela and Saudi Arabia. Canada is the top supplier of crude oil into the U.S. and the majority of its crude oil reserves reside in the oil sands and production increases are driven by oil sand development. Canada's crude oil production is expected to grow to 6.4 million barrels a day by 2030.

Steve Silverman, Vice Chairman of AXION said "Canada is a market opportunity for both STRUXURE® building products and ECOTRAX® rail ties/sleepers. Oil sands are a massive source of revenue in Canada and will continue to grow and there will be a demand for more construction mats that we will look to supply. We have been working on this formal agreement for many months and we are looking forward to growing the business with our new partners."

AXION's EVP for Building Products Dave Crane said, "The challenging climate in Canada is ideal for our structural composite technologies. AXION mats are estimated to have greater than 5 times the life of wood mats being used today and do not lose performance capacity when wet."

Hydra Energy Solutions Ltd.'s VP Sales, Sean McCallum said, "We are very excited to be working with AXION. Their recycled products offer our customers a great solution as far as the ability to stand up to harsh conditions better than wood, plus it offers a green solution which we support. There is a tremendous opportunity in Canada's oil and gas industry and given our team's expertise in the industry, we are excited to be introducing AXION's products into that space."

STRUXURE® Heavy Construction Mats, which are produced from 100% recycled material, are engineered using a patented Recycled Structural Composite (RSC) formula, making them extremely strong, durable and resistant to rot, fungi, insects, and moisture. The AXION technology does not absorb or release any liquids and chemicals into the environment unlike wood. STRUXURE® mats are ideal in wet or harsh-temperature environments and are resistant to abrasion and tread-wear and are an excellent, cost-effective, long-term solution for industrial, energy, and civil construction projects.

About Hydra Energy Solutions Ltd.
Hydra is a company providing matting solutions to companies operating in the Western Canadian oil and gas industry.  Hydra offers sales and rentals of mats, repair and maintenance, inventory control and storage. Our experienced team has over 30 years of oil and gas industry experience in delivering customers with high quality, suitable and practical solutions.

About AXION International Holdings, Inc.
AXION (OTCQB: AXIH) is a green technology company, transforming waste plastics into structural building materials. Using 100%-recycled consumer and industrial plastics, AXION develops, markets and sells its recycled structural composite products through its ECOTRAX® composite rail tie and STRUXURE® building material lines. AXION's wholly owned subsidiary, AXION Recycled Plastics (ARPI) recycles post-consumer and post-industrial plastics. As a complete plastics recovery operation, ARPI sorts, grinds, washes, blends, and pelletizes plastic for future use, offering economic benefits to its customers, while keeping waste out of landfills. In addition, it offers toll recycling services. ARPI will continue to serve regional customers from its Zanesville, Ohio facility, and establish and grow the recycling capabilities at the Company's Waco, Texas facility to serve new customers in Texas and surrounding states, as well as provide raw materials internally for the Company to produce ECOTRAX® and STRUXURE®. From the railroading industry to the military to global engineering firms, AXION delivers tested, proven and superior green solutions to infrastructure needs around the world.

www.AXIH.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 availability of materials at favorable pricing, sufficient manufacturing capability and the risk factors identified in AXION's filings with the Securities and Exchange Commission.

SOURCE AXION International Holdings, Inc.

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