AVIX Technologies Inc. Extends Letter of Intent With Actus
23 August 2011 - 2:01AM
Marketwired
AVIX Technologies, Inc. ( the "Company" or "Avix") (PINKSHEETS:
AVIX) announced today that it has extended a Letter of Intent
("LOI") to acquire 100% of Actus Interactive Software, LLC,
("ACTUS"), a developer of proprietary software for the digital
signage industry.
Cornelia Volino, President and CEO of AVIX Technologies, Inc.,
stated, "The Company has been working closely with ACTUS during the
pre Closing period and looks forward to finalizing the acquisition.
Management will be providing additional updates and information in
the near future."
About AVIX Technologies, Inc. AVIX is
focused on identifying potential acquisitions and joint venture
opportunities in various target markets that offer leading edge
technology in the software industry. www.avixt.com
About Actus Interactive Software, LLC
Actus has created the world's first hardware and software platform
frameworks and suites that are capable of cross platform/multiple
device solutions while leveraging the power of local devices and
scalability of cloud computing and networking.
www.actus-software.com
Forward Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Statements in this release that are forward-looking
statements are based on current expectations and assumptions that
are subject to known and unknown risks, uncertainties, or other
factors which may cause actual results, performance, or
achievements of the company to be materially different from any
future results, performance, or achievements expressed or implied
by such forward-looking statements. Actual results could differ
materially because of factors such as the effect of general
economic and market conditions, entry into markets with vigorous
competition, market acceptance of new products and services,
continued acceptance of existing products and services,
technological shifts, and delays in product development and related
product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this
release is as of the date of this release. The company undertakes
no duty to update any forward-looking statement to conform the
statement to actual results or changes in the company's
expectations.
Contact: Brian Schor Investor Relations 585-490-0802
brian@diversified-ir.com
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