SOURCE: ImageXpres Corp.

October 11, 2006 10:46 ET

ImageXpres Orders NOBO List to Determine Actual Shares Outstanding

ROCHESTER, NY -- (MARKET WIRE) -- October 11, 2006 -- ImageXpres Corporation (PINKSHEETS: IMJX), announced today that the Company has ordered and is reviewing a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership, list shows a more complete corporate ownership profile than is available from the transfer agent alone.

"We are reviewing the NOBO list," explained President John S. Zankowski. "There seem to be discrepancies which we are moving to correct. Our primary interest is to our shareholders, and the creation of value for all company stakeholders. As the company moves forward with increasing sales revenues and anticipated earnings from operations, it will be very important that the company has an accurate list of its shareholders and an effective communications channel with them on a continuing basis. The company is establishing a shareholder information site as part of its website, and can be accessed at www.imagexpres.com/shareholder.htm.

About ImageXpres Corporation

ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, and healthcare (diagnostic imaging) market segments. The Company is establishing a network of digital imaging/print centers across the U.S., including its iPrint Digital Kiosks, a family of self-service multimedia kiosks, and LitePix Digital Displays, digital signs that provide unique advertising benefits for business owners. The Company's website is www.imagexpres.com.

Statements in this press release about the company's future expectations, including the rate of growth of the Company's revenues derived from sales of its safety and security products, and all other statements in this release other than historical facts, are "forward-looking statements" within the meaning of Section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as changes in consumer demand, satisfaction or desire for our products for a variety of reasons. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's reports and financial statements.

Contact Information

  • FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

    John S. Zankowski
    President, CEO
    (585)-325-5078

    or

    Jason Jadidian
    Vigilant Trader, Inc.:
    phone: (718)-575-2037
    e-mail: imjx@vigilanttrader.com