PolySteel joins Arxx

Portland, Oregon – June 11, 2008 – ARXX Corporation, a leading provider of green building envelope solutions, announced today its merger with American PolySteel, LLC.

With the addition of PolySteel, ARXX will be able to expand into new markets and provide an even greater range of high quality insulating concrete form (ICF) solutions to the residential, commercial and institutional segments.

“PolySteel has a very strong brand and distribution network; and is an extremely wellrespected company in the industry. It also shares the same goal of providing sustainable building solutions globally. We are extremely happy to have PolySteel become part of ARXX,” states Frank O’Dea, President and CEO of ARXX Corporation, “Its ICF products and solutions complement what is currently being offered by ARXX, so this outcome was a very logical step for the two companies.”

“After celebrating 30 years of leadership in the ICF industry, we are pleased to be joining the ARXX organization,” comments Patrick Murphy, President of American PolySteel, LLC. “Our focus has been on “Building A Better World” and we feel that ARXX has the vision and infrastructure to help make this reality. Our distributors are very excited about this opportunity and are looking forward to working with the ARXX team to help them grow their business.”

Located in Albuquerque, New Mexico, American PolySteel has been manufacturing insulating concrete forms since 1978. A national network of independent distributors and a growing family of international licensees offers architects, designers, engineers, builders and homeowners with a complete line of ICF products and a comprehensive system of service and support around the world.