ImageXpres(IMJX) Attains OTC Markets "Current Information" Status
29 April 2010 - 1:12AM
Marketwired
ImageXpres Corporation (PINKSHEETS: IMJX), a US-based digital
imaging and printing company, today announced it has met all the
requirements of the Pink OTC Markets Alternative Reporting
Standard, and as a result, ImageXpres Corporation is now listed on
the Current Information OTC Market Tier. The Company also released
its 2010 First Quarter financial results, with sales revenues and
net profit ahead of 2010 forecasts. This data can be found on the
Company's corporate website at www.imagexpres.com/investors.php.
John S. Zankowski, President & CEO of ImageXpres
Corporation, stated, "As stated earlier this year, we have been
working diligently to complete our internal accounting, and sharing
the results with our shareholders and the general public. We are
pleased to announce that our efforts have enabled the Company to
achieve Current Information status on the Pink-OTC Markets in a
timely manner."
The Company also reported first quarter 2010 financial results,
reporting increased sales revenue and an operating net profit, as
opposed to operating losses in 2009. First quarter gross sales were
$361,815, with net income of $46,667.
Equally important, the Company has significant orders in the
pipeline for its interactive digital systems and proprietary
software solutions. Specifically, its SmartKiosk™ systems, and
digital advertising platform, now being sold to retail businesses,
are being very well received.
Mr. Zankowski stated he anticipates several major announcements
in the coming weeks that can propel the Company to a new level of
growth in 2010. The Company stands by its forecast of
quarter-by-quarter growth in sales revenues and net profits during
2010 and 2011.
Safe Harbor Statement
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or
"projected."
You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those
projected in the forward-looking statements, including the risks
that actual results may differ materially from those projected in
the forward-looking statements as a result of various factors, and
other risks identified in the Company's disclosure information.
All company or product names used are the property of their
respective owners and may be the trade marks™, service marks(SM),
or registered marks® of other companies, and are used for
information purposes only and to their owners' benefit, without
intent to infringe.
About ImageXpres Corporation:
ImageXpres (www.imagexpres.com) is a digital imaging and
printing company, headquartered in Rochester, NY. IMJX develops
imaging systems solutions for commercial printing, consumer photo,
health and business communications market segments. ImageXpres is
currently manufacturing and marketing a line of self-service
interactive digital kiosks, and LitePix™ Digital Displays, digital
signs that provide unique advertising benefits for business owners.
The Company's website is www.imagexpres.com.
CONTACT: ImageXpres Corporation John S. Zankowski, CEO
info@imagexpres.com 585-292-5177
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