SOURCE: Axis Technologies, Inc.

November 09, 2006 17:00 ET

Axis Ballasts Selected for Marion Gerrish Community Center

LINCOLN, NE -- (MARKET WIRE) -- November 9, 2006 -- Axis Technologies Group, Inc. (PINKSHEETS: AXTG) announced today that the Marion Gerrish Community Center located in Derry, New Hampshire has completed a lighting upgrade using the Axis Dimming/Daylight Harvesting (DDH) Ballast.

"We expect this installation to lead to significant lighting energy reductions," said Dana Lemieux at the Community Center. "I am thrilled with the Axis DDH ballasts. The Axis DDH ballasts are replacing magnetic T12 ballasts that were using 180 watts of energy per fixture. We were able to set the Axis dipswitch at 40% output after installation, which uses 59 watts of energy per fixture. We are already experiencing a 67% lighting energy reduction at all times, and the daylight harvesting feature will improve on that when daylight is present," added Lemieux.

The Axis DDH ballast incorporates a patented dipswitch that allows fixed-level dimming in 10% increments from 100% of output to 40% output, with a corresponding reduction in electrical energy. This means the fixture can be "tuned" to the light level desired, or to reduce "overlit" conditions. Further, a patented photocell attached to each ballast measures sunlight coming through windows or skylights and dims the fixture to as much as an 80% lighting reduction. This is all totally automatic and is unnoticed by building occupants.

For further information on Axis Technologies, Inc., visit

About Axis Technologies Group, Inc.:

Axis Technologies Group, Inc. conducts its business through this wholly owned subsidiary Axis Technology, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technology, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis DDH ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

Contact Information

  • Contact:
    Investment Relations Group, LLC.
    Charles Garcia
    Office: 305-373-7555
    Fax: 630-578-0470