SEOUL, Korea, Sept. 24, 2005 (PRIMEZONE) -- Allixon International Corporation (Pink Sheets:AXCP) is pleased to announce that it has signed a cooperation Agreement with Educational-Industrial Research Center for Logistics Information Technology (LIT) of Pusan National University.
Currently, the Educational-Industrial Center for Logistics Information Technology has under management four projects related to RFID technologies. Allixon International Corporation under its cooperation agreement will be responsible for one of the projects involving and developing next-generation technologies for automatic seaports and logistics.
In March of 2005, the Educational-Industrial Center for Logistics Information Technology established a 4th RFID Test Center of Sun Microsystems. It is expected, as a result of the close working relationships established, that Allixon may have an opportunity to participate in working with 4th RFID Test Center of Sun Microsystems.
The Educational-Industrial Research Center for Logistics Information Technology (LIT) will request or co-work with Allixon to research and/or develop what the Educational-Industrial Research Center for Logistics Information will require in regards to their RFID middleware requirements.
Mr. Lee, CEO of Allixon International Corporation, said "We look forward to working along side the Educational-Industrial Research Center for Logistics Information Technology to further develop future RFID applications."
THIS NEWS RELEASE DOES NOT CONSTITUTE ANY OFFER OF ANY SECURITIES FOR SALE.
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.