SOURCE: Axion Spatial Imaging, Inc.

November 16, 2007 09:00 ET

Axion CEO Update to Shareholders

LAS VEGAS, NV--(Marketwire - November 16, 2007) - Axion Spatial Imaging, Inc. (PINKSHEETS: ASII) CEO: As a follow up to the 11/9/07 press release, I wanted to personally inform our shareholders of the continuing efforts to acquire stable and valuable acquisitions for Axion.

We are very close to signing our first letter of intent to acquire a portion of a multi-million dollar revenue company with a proven track record of earnings. Preliminary papers have been signed and definitive terms shall be disclosed shortly.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligations to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information

  • P. Linson
    President
    Axion Spatial Imaging, Inc.
    702-387-2488