Unassociated Document


     

    Exhibit
10.2

    


    Extreme
Mobile Coatings Worldwide Corp. / EMWW Enters into Letter of Intent with
Cloudtech Sensors, Inc.

    


    Nicholasville, Kentucky, May
27, 2009 – Extreme Mobile Coatings Worldwide Corp. (“Extreme”) (OTCBB: EMWW.OB)
has entered into a Letter of Intent to acquire 100% of the issued and
outstanding shares of Cloudtech
Sensors, Inc. (“Cloudtech”), an early-stage developer of handheld
detectors that can discover and identify hundreds of biological, chemical,
environmental and radioactive agents, then wirelessly relay crucial data to
command-and-control centers for instant analysis and response. On the execution
of a definitive Agreement, each share of Cloudtech will receive one share of
Extreme at the closing.  It is anticipated as part of the transaction
that senior management of Cloudtech will assume some of the senior positions
with Extreme. The closing will take place on completion of certain diligence
items and there being no comments of the Securities and Exchange Commission with
respect to the appropriate filings. The Company feels that the addition of the
technology being developed by Cloudtech will enhance the anti-microbial powder
coating operations of Extreme.

     

    About
Extreme Mobile Coatings Worldwide Corp.

    Headquartered
in Nicholasville, Kentucky, Extreme Mobile Coatings Worldwide Corp. focuses on
the application of polymer-based powder coatings. Factory applied powder
coatings have been known to provide long lasting durable, polymer surfaces and
have the advantage over solvent based paints of emitting zero volatile organic
compounds. The Company’s approved applicators are the first to be able to apply
these polymer-based powder coatings in the field. Through its wholly owned
subsidiary, Extreme
Mobile Coatings, Inc., the Company offers franchise opportunities to
operate a mobile business which provides painting or coating on various surfaces
utilizing a special patented mobile system developed by Xiom
Corp. (OTCBB: XMCP.OB), a 25% stock holder of the Company. Xiom entered
into an exclusive licensing agreement with Extreme Mobile Coatings for their
antimicrobial technology. Custom antimicrobial coatings were found effective
against a wide range of microbes, including E.coli, MRSA and
Salmonella.

    


    For more
information regarding the companies listed herein, please visit:

    www.extrememobilecoating.com

    www.xiom-corp.com

    http://cloudtechsensors.com/

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    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.

     

    Contact:

    Extreme
Mobile Coatings Worldwide Corp.

    James W.
Zimbler

    814-357-9101

    


    Cloudtech
Sensors, Inc.

    Kenneth
S. Rosenzweig

    610-255-5678

    


    Corporate
Evolutions, Inc.

    www.corporateevolutions.com

    516-482-0155

    


    Source:
Extreme Mobile Coatings Worldwide Corp.