SOURCE: AEC Holdings Corp.

April 25, 2007 09:53 ET

AEC Holdings Corporation and Its Wholly Owned Subsidiary Phoenix Connexxion Announces the Signing on as Clients of Several Key Financial Institutions in the Caribbean

ORLANDO, FL -- (MARKET WIRE) -- April 25, 2007 --Phoenix Connexxion, LLC, a wholly owned subsidiary of AEC Holdings Corporation (PINKSHEETS: AECH) of Miami, has signed on several Caribbean banking institutions as clients. Phoenix Connexxion will host and manage a number of Caribbean Banking and Financial Services Organizations websites. These institutions include CAIB (, Grenada Co-operative Bank LTD (, and InterCommercial Bank Limited ( Steve Sack, President of Phoenix Connexxion, LLC stated, "We have been involved in software & web development in a number of Caribbean financial institutions including the recent implementation of the Phoenix Banking System and Internet Banking System at the Caribbean Union Bank (St. Lucia)."

AEC Holdings, Inc., through its wholly owned subsidiaries and strategic partnerships, is involved in the access control and identity theft management controls industry, through Biometric Identification.

In addition, AEC Holdings, Inc. is involved in providing technology business solutions to its customers through its wholly owned subsidiary, Phoenix Connexxion, which provides Data Mining and Analysis, Data Storage, Data Distribution Services, Customized Business Solutions Software Development, Security Testing Technologies, software and web development solutions, and Homeland Security Technologies.

Safe Harbor

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.

Contact Information

  • For more information, please contact:
    Jaime S. Gomez
    VP Business Development
    305 921 9505