SOURCE: Tuxis Corporation

Tuxis Corporation

May 19, 2010 16:18 ET

Tuxis Corporation Announces 2009 Financial Results

NEW YORK, NY--(Marketwire - May 19, 2010) -  Tuxis Corporation (PINKSHEETS: TUXS) today reported its financial results for the year ended December 31, 2009.

Tuxis recorded a net loss of $358,291 or $0.36 per share for the year ended December 31, 2009 compared to a net loss of $434,373 or $0.44 per share for the year ended December 31, 2008.

The Company's unaudited consolidated balance sheets, statements of income, and statements of cash flows as of and for the years ended December 31, 2009 and 2008 are appended to the copy of this press release on www.tuxis.com.

Tuxis Corporation is engaged through subsidiaries in real estate development and self storage. Tuxis Self Storage at Heritage Park, Clinton, Connecticut, is a 185 unit self storage facility which offers a mix of standard and climate control units. Tuxis Self Storage at Millbrook Commons, Millbrook, New York, is a mixed use facility consisting of 118 climate control self storage units complemented by office/retail space. To learn more about our self storage facilities please visit www.tuxisselfstorage.com. To learn more about Tuxis Corporation, including Rule 15c2-11 information, please visit www.tuxis.com.

This release contains certain "forward looking statements" made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Tuxis Corporation, which may cause the Company's actual results to be materially different from those expressed or implied by such statements. The forward looking statements made herein are only made as of the date of this release, and the Company undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.

Contact Information

  • Contact:
    Thomas O'Malley
    Chief Financial Officer
    1-212-785-9300, ext. 267
    Email Contact