SAN DIEGO, Aug. 23, 2005 (PRIMEZONE) -- Axia Group, Inc, (OTCBB:AXIG) today announced the acquisition of Disability Access Consultants, Inc. (DAC), a national provider of specialized compliance services for businesses and public entities seeking to enhance or achieve compliance with the Americans with Disabilities Act of 1990 and related legislation. As a leader in accessibility services, Disability Access Consultants, Inc. has surveyed over 6,000 sites since it was founded in 1998 and has earned a national reputation for providing low-cost, effective barrier removal solutions.
"DAC is a solid, profitable company with great potential for growth. This acquisition is a strong addition to Axia," stated Jeffrey Flannery, CEO of Axia Group, Inc. "We believe Ms. Thorpe has created the finest ADA consulting program in the country. The quality of her program is demonstrated by DAC's impressive client base of major municipalities, universities and school systems, and national retail companies. We will work to help DAC expand its services through the United States in both the public and private sectors."
Founded in 1998 by Barbara Thorpe, who will remain President of the subsidiary, the company has been profitable for the last six years. Ms. Thorpe has often been called upon to provide lectures, educational seminars and training session for government and private entities, and she has shared her expertise in ADA issues through many publications in respected trade journals over the years. Ms. Thorpe will assume the role of Chief Operating Officer in Axia Group, Inc.
"I am excited to become part of the Axia Group, as this will give DAC the resources to facilitate the development of our programs and expand the reach of our programs and services," stated Ms. Thorpe, founder and President of DAC. "Many companies and government institutions, large and small, know the value and quality of our services, and we now look forward to improving our program and broadening our client base even further."
More information on DAC can be found at its website, www.adaconsultants.com or at www.axiagroup.info. Axia Group, Inc. is trading on the bulletin board under the symbol AXAI.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of AXAI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future AXAI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and AXAI has no specific intention to update these statements.