SOURCE: Axium Technologies, Inc.

December 11, 2007 08:00 ET

Axium Technologies' Surveillance Technology Used to Capture a Clear Picture of Robbery Suspect

PASADENA, CA--(Marketwire - December 11, 2007) - Axium Technologies, Inc. (PINKSHEETS: AXGI) -- On December 3rd, 2007, KABC Los Angeles reported that an armed man stole the wedding ring off the finger of an 83-year-old woman, and it was all caught on tape. According to the article: "The owner of the Hampshire Jewelry store says the suspect stole about $17,000 worth of jewelry from the store on Saturday, including her 83-year-old mother's wedding ring. Here's a clean-cut man, 32 to 33 years old, coming in and genuinely acting like he's interested in buying an engagement ring and then pulls out a gun and threatens to kill somebody."

The unique part about this story is not the robbery itself, but the amazing clarity of the video evidence left behind. The surveillance video taken at the scene of the crime captured a remarkably clear image of the incident and the face of the suspect. Axium Technologies, Inc. was the provider of this video surveillance hardware. The clarity of the video was possible as a result of the line resolution of the DVR, which was co-developed by Axium Technologies. Axium Technologies has exclusive rights to this technology in the United States.

To watch the video surveillance click the following link: http://abclocal.go.com/kabc/story?section=news/local&id=5809421

Mr. WonSoo Chung, the CEO of Axium Technologies, commented, "We have worked very hard to develop state-of-the-art security solutions and are very pleased with the clarity of the video and its role in helping capture the robbery suspect." Mr. Chung further stated, "The performance of our security solutions and their success in the field has recently captured the attention of law enforcement in numerous cities and states. This has lead to the highest volume of purchase orders and sales in the Company's history."

ABOUT AXIUM TECHNOLOGIES, INC.

Axium Technologies, Inc. www.axiumtech.net 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 "TaggerTrap" 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.

Contact Information

  • CONTACT INFORMATION

    Corporate Inquiries:
    Won Soo Chung
    626-351-1200
    wschung@axiumtech.net

    Investor Relations :
    Brock Malky
    Insight Capital Consultants
    724-742-4420
    Or
    Gerald Kieft
    Ryan Audin
    Wall Street Resources, Inc.
    772-219-7525
    www.wallstreetresources.net