SOURCE: AxioLogix


January 13, 2011 09:00 ET

Axiologix Updates Shareholders

EGG HARBOR TOWNSHIP, NJ--(Marketwire - January 13, 2011) -  Axiologix Education Corporation ( (OTCBB: AXLX), an educational software provider, announced an update to shareholders with recent developments and its growth strategy for 2011.

As 2010 has ended, management of Axiologix has identified two primary growth strategies. The first is growth organically through sales, service, and training via eBoard, Curricuplan, E*pad, and Student Tracker, all of which are software applications that Axiologix is actively marketing. The second strategy is growth through acquisitions. The Company's management team will be pursuing acquisitions of synergistic businesses and intellectual property.

Significant Recent Developments

On the 11th of January, 2011, Axiologix announced that the Company has entered into a letter of intent to acquire all of the intellectual property for the E*pad software application from Edumedia Software Solutions Corporation. E*pad is an innovative, web-based, electronic portfolio, and authentic assessment development application for students and educators. Axiologix is currently the exclusive worldwide reseller of E*pad. Once this acquisition is complete, Axiologix will no longer have to pay a margin for the resale of this product as Axiologix will own the product and all rights.

On the 2nd of December, 2010, Axiologix executed a sales agent agreement with Seacliff Educational Solutions. The agreement will allow Axiologix to offer for sale two of Seacliff's products: eBoard, an easy to use, yet powerful, web site hosting solution used by schools around the world, and Curricuplan, a powerful web-based curriculum mapping and instructional content management solution that provides secure online access for educators to participate in an online community focused on the development of high quality instruction with the common goal of increasing student achievement.

To manage growth, Axiologix announced a business services agreement with Cardiff Partners. Cardiff provides a range of services including Corporate Strategy, Corporate Finance and Accounting, Transactional Advice, and Business Process Analysis.

"Our best efforts will be put forth through the coming year to build Axiologix through organic growth as well as looking for acquisitions as a growth strategy. Through acquiring the right companies, we believe that we can build value for our Company and our shareholders," said John Daglis, CEO of Axiologix Education Corporation. "We are focusing our efforts on identifying acquisition targets and will continue to do so through next year. 2010 has been a good year for our young Company and we feel that we can build a successful company in the coming years," Daglis concluded.

About Axiologix

Axiologix Education Corporation is an educational software and services provider. The company is now on a quest to become one of the nation's leading partners with school systems K-12 and higher education, focused on raising student achievement through research-based school design, uniquely aligned assessment systems, interactive professional development, integrated use of technology, and other proven productivity applications in education.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Although expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Axiologix's ability to implement its growth strategy will be dependent on, among other things, its ability to obtain sufficient funding to continue and build its own operations and to acquire other businesses or to identify acquisition targets willing to accept Axiologix securities as the purchase price. In either case, existing shareholders could experience significant dilution from implementation of the growth strategy. These forward-looking statements are based largely on the expectations of Axiologix Education Corporation and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive, and other factors affecting Axiologix Education Corporation and its operations; its markets, products, and performance, and other factors detailed in reports filed by Axiologix Education Corporation with the SEC.

Contact Information

  • Contact:
    Investor Relations
    Phone: 877.338.3723
    501 Scarborough Drive, 3rd Floor
    Egg Harbor Township, NJ 08234