SOURCE: Axion Spatial Imaging, Inc.

December 13, 2007 08:30 ET

Axion Spatial Announces LOI

LAS VEGAS, NV--(Marketwire - December 13, 2007) - Axion Spatial Imaging, Inc. (PINKSHEETS: ASII) has completed its initial portion of meeting its goal of acquiring equity positions in growing revenue producing companies in the placement field. Axion is a publicly traded company under the ticker symbol ASII that will continue to develop additional opportunities in this field. Axion and Global Staffing Services, with main offices in Philadelphia, PA, have signed a letter of intent to release and exchange confidential data with which to develop the option of Axion taking an equity position in the global corporation.

According to P. Linson, President of Axion, "This is the first step in meeting our announced business plan goals outlined in the November 9, 2007 press announcement."

Estimated revenues for global are expected to exceed $15,000,000.

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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

  • Contact:
    P. Linson
    Axion Spatial Imaging, Inc.