Allixon International Has Been Granted Venture Certification by Korean Government Small and Medium Business Administration Friday September 30, 4:01 pm ET
Symbol: AXCP Price: $3.92 Status: Strong Buy Rating: 5(5) Short Term Target: $7 12month Target: $15 *****Breaking News*****Breaking News*****Breaking News***** SEOCHO-KU, SEOUL, Korea, Sept. 30, 2005 (PRIMEZONE) - Allixon International Corporation (Other OTC:AXCP.PK - News) is pleased to announce that it was granted venture certification by SMBA (Small and Medium Business Administration). The South Korean government, on an annual basis, grants special benefits to companies like Allixon International who continue to demonstrate innovation and investment within their field of expertise. Additional benefits include the ability for Allixon to apply for new technology development programs within the Korean government. Allixon's management was quick to point out that while this development is a continued positive step in the right direction for growth in their RFID sector, it does not represent a contract. Other benefits that can have an impact on a company's bottom line is the reduction in various corporate taxes for a specified period of time, and preferential interest and loans for equipment and management from government monetary facilities. Mr. Lee, CEO of Allixon International Corporation, said "The Small and Medium Business Administration approved Allixon International as a venture company based on Allixon International's commitment to RFID technology and their continued investment for research and development in RFID applications since 2003." THIS NEWS RELEASE DOES NOT CONSTITUTE ANY OFFER OF ANY SECURITIES FOR SALE. Today we are issuing another ALERT on AXCP. But we think the fun is just beginning with this stock. It has been showing a steady move up on increasing volume. It appears to us that the stock is in an accumulation phase and might be ready for a big pop to new highs. *******PUT AXCP ON YOUR RADAR FOR Monday October 3, 2005********** _______________________________________________ XFree86 mailing list XFree86@XFree86.Org http://XFree86.Org/mailman/listinfo/xfree86