Contact Information: Contact: Phoenix Interests, Inc. Investor Relations 214-556-5927 info@pxinterests.com
Phoenix Interests, Inc. Announces National Guard Information Systems Contract
| Source: Phoenix Interests, Inc.
DALLAS, TX--(Marketwire - June 23, 2009) - Phoenix Interests, Inc. (OTCBB : PXNT ) today
announced a new partnership with The Nance Group of North Carolina to
provide the certification and accreditation of a National Guard information
system. The project would ensure information assurance throughout the
system's life cycle. Phoenix Interests' Stonewall Networks was chosen for
this project based on its security and software systems life cycle
knowledge of distributed applications environment. The Nance Group is a
Service Disabled Veteran owned small business and a world-class service
organization, comprised of both civilian and former military engineers and
recognized as a leader in international consulting services.
Earlier this year, Phoenix Interests launched a new business strategy to
create a comprehensive and global mobile computing technology business.
Recently, the Company announced finalizing the definitive purchase
agreement to acquire Stonewall Networks (www.stonewallnetworks.com) as part
of this strategy. The Company's mobility roll-up strategy has been
developed over the last year, and this acquisition is the first of several
planned acquisitions. Products from Stonewall Networks will provide a
security backbone for the Company's mobile solutions strategy. Stonewall
Networks has developed a proprietary software solution for mobile network
security, including an innovative security policy management product for
enterprise customers.
Greenfield Program to Improve ROI Potential of Emerging Technology
Phoenix Interests has recently partnered with the Greenfield program. The
Greenfield program is an emerging technology business partnership program
introduced by NewMarket Technology, Inc. (PINKSHEETS : NMKT ). The program is
intended to accelerate the introduction of new technologies into new
markets, and is designed to improve the return on investment (ROI)
potential of emerging technology and emerging market business initiatives.
Phoenix was previously featured in a Greenfield Webcast on May 7th. The
Webcast is available for review here:
http://www.newmarkettechnology.com/webcast_20090507.htm
The Greenfield program and the Stonewall acquisition are anticipated to
drive the anticipated $1 million in first year revenue.
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updates, please send an e-mail to info@pxinterests.com.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This press release contains forward-looking statements that involve risks
and uncertainties. The statements in this release are forward-looking
statements that are made pursuant to safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performance could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown
risks and uncertainties, which may cause Phoenix Interests' actual results
in future periods to differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include, among
other things, product demand and market competition. You should
independently investigate and fully understand all risks before making
investment decisions.