SEOUL, Korea, Sept. 24, 2005 (PRIMEZONE) -- Allixon International Corporation (Pink Sheets:AXCP) is pleased to announce that it has hired the Investor Relations firm Select Equities Consultants headed by Mr. Robert Collard, CEO, to provide Investor Relations services to its shareholders and other key stakeholders.
Select Equities will, amongst other things, further develop and maintain Allixon's current database, which will allow Allixon to effectively monitor and communicate with present and potential investors, fund managers, financial analysts, investment bankers, stock brokers, financial media and other interested parties. Select Equities will also receive, review and screen investor inquiries on behalf of the company and reply to and/or forward such inquiries to appropriate managers of Allixon. In general, Select Equities will assist and promote the dissemination of information regarding Allixon to potential investors and other interested parties in the investment community; and to advise on advertising, trade shows, conferences and the like. It is not proposed that Select Equities will enter into any market making arrangements on behalf of Allixon.
Under the terms of the agreement with Allixon, Select Equities will continue for 90 days with a renewal option unless terminated for just cause or if either party gives the other party one month written notice. In consideration of Select Equities performing the investor relations services, Allixon has agreed to pay him $15,000 per month. Select Equities does not own any securities of Allixon but may acquire securities in the future.
THIS NEWS RELEASE DOES NOT CONSTITUTE ANY OFFER OF ANY SECURITIES FOR SALE.
About Select Equities Consultants
Select Equities is an Investor Relations and Advertising firm based in Heathrow, Florida. The firm primarily disseminates information about small to medium sized Publicly Traded companies. Select Equities services also includes company Press Releases, Investor Conferences, company sponsored Broker Seminars, and Financial Publications.
About Allixon International Corporation
Allixon is a leading provider of RFID Middleware and Mobile Internet solution for device computing. Allixon combines its products, expertise, partnerships and integration capability into solutions for a wide range of device computing applications, including RFID Middleware and m-banking solution. Allixon's products based on ubiquitous technologies direct companies looking to tap into the wealth of data captured by networked devices such as RFID readers or handhelds to extend the quality of information to any device where they want. The company is headquartered in Soeul, Korea - 1564-1, Seojin Bldg 3FL., Seocho3-Dong, Seocho-Gu, Seoul, Korea 137-868.
NOTE TO EDITORS: If you would like additional information on Allixon International Corporation, please view our website at www.allixon.com . To receive an Investor Kit or additional information for Allixon International Corporation, or to join the company's mailing list, please contact Investor Relations Department by emailing investors@allixon.com or additionally, corporate counsel, Hank Vanderkam at (713) 547-8900.
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition or alteration.