SOURCE: Axium Technologies, Inc.

June 19, 2008 08:00 ET

Axium Technologies, Inc. Awarded Projects for the Installation of New Digital Video Surveillance System for the City of Rosemead and Compton School District

PASADENA, CA--(Marketwire - June 19, 2008) - Axium Technologies, Inc. (PINKSHEETS: AXGI) is pleased to announce that it has been awarded the installation projects of its patent pending products Tagger Trap and Maximum Software at the City of Rosemead and the Compton School District. The projects will help the city and school district control the ever growing problem of graffiti throughout local communities across our nation. The Department of Justice reports that graffiti costs our nation $12-15 billion per year, and Axium is proud to offer a solution that can help combat the problem.

Axium Technologies CEO WonSoo Chung stated, "We are pleased to report on the continuance of our success in winning projects. As we have outlined, we expect to accelerate our growth over the coming year, and I believe we are well on our way to achieving that important goal."

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Axium Technologies, Inc. ( is a leading provider of surveillance security systems software and hardware. The Company maintains its corporate presence in Pasadena, CA and its Research and Development Facility in South Korea. The Company's primary products include MAXIMUM Surveillance Software, which is the key solution providing interoperability for numerous digitalized security and surveillance products from diverse manufacturers.

The Company's Digital Video Recorders (DVRs) and Network Video Products (NVPs) are targeted at the security and surveillance segments of the gaming industry. The Company's newest product "Tagger Trap" is a state of the art graffiti detection product, which detects, records and alarms local police of graffiti activity. The estimated cost of graffiti clean-up in North America is $1.0 billion annually and millions of dollars have been budgeted over the past year by large metro police departments to detect and apprehend graffiti taggers.

FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Security and Surveillance industry; the positioning of Axium products in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Axium Technologies can successfully develop new products and the degree to which these products gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

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