SOURCE: Avix Technologies, Inc.

February 08, 2012 09:59 ET

AVIX Enters Negotiations for Proprietary Software With Helpful Technologies, Inc.

TORONTO--(Marketwire - Feb 8, 2012) - AVIX Technologies, Inc. (the "Company" or "AVIX") (PINKSHEETS: AVIX) announced today that it has entered into negotiations with Helpful Technologies, Inc. and anticipate the signing of an LOI that will outline the formalization of a licensing agreement between the two parties.

Helpful Technologies, Inc. is the proprietary owner of a lottery numbers generator based on algorithm for the global markets, which includes website and software to be distributed through retail channels.

Reno J. Calabrigo, President of AVIX, stated, "The Company will provide more detailed information on the software and this exciting new direction as we progress further with Helpful Technologies, Inc."

About Helpful Technologies, Inc. www.helpfultechnologies.com
Helpful Technologies, Inc. is a privately held company and software developer of "IP" technologies and technology solutions for global markets.

About AVIX Technologies, Inc. www.avixt.com
AVIX is focused on identifying potential acquisitions and joint venture opportunities in various target markets that offer leading edge technology and services on a global scale.

Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AVIX Technologies, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • Contact:
    Reno J. Calabrigo
    President
    Tel: 416-907-7362
    www.avixt.com