Axia Group Inc.

Axia Group Inc.

April 06, 2011 15:45 ET

Collagenna Skin Care Products (AGIJ) Prepares to Finalize China Expansion

OTTAWA, ONTARIO--(Marketwire - April 6, 2011) - Axia Group Inc. (PINK SHEETS:AGIJ) ( subsidiary Collagenna Skin Care Products/Melem Secret is pleased to announce that its marketing transaction with a Chinese company for marketing and distribution in China and Asia will close within a few days. Projections for this deal are stunning and the company expects that this deal will transform Collagenna into a substantially larger player in the cosmetic and cosmeceutical markets.

Axia Corporation CEO Michael Arnkvarn states: "We have been in negotiations with this China distributor and marketer for the most of the last month. The agreement has been reached, this deal is as good as done, and we expect to undergo the corporate closure from our partner's side within few days, possibly by the end of this week. Once the deal is closed, we will be able to disclose the company name, as the company is also a reporting OTCBB issuer, and requires time to finalize all corporate filings.

"The company specializes in bringing North American products and technologies to the Chinese market. Our product line has been evaluated by the company management and their scientific advisors. We have identified three distinctive products, that translate into solid market opportunities upon which we will concentrate.

"Our manufacturing is now also prepared to fill large orders, as we expect the Chinese market to take to Collagenna products and bring a significant revenue increase as soon as mid-second quarter. This is an exciting time for Collagenna and this deal may redefine Collagenna's status in the cosmetic and cosmeceutical industries."

The confidentiality agreement prohibits the news release of this transaction; however, the company is seeking permission to release the name via OTC Markets filing service. The company is confident that this can be obtained shortly.

The company will update shareholders on a regular basis of any progress regarding this and other opportunities.

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