Allixon International Has Been Granted Venture Certification
by Korean Government Small and Medium Business Administration
Friday September 30, 4:01 pm ET
Status: Strong Buy
Short Term Target: $7
12month Target: $15
*****Breaking News*****Breaking News*****Breaking News*****
SEOCHO-KU, SEOUL, Korea, Sept. 30, 2005 (PRIMEZONE) -
Allixon International Corporation (Other OTC:AXCP.PK - News)
is pleased to announce that it was granted venture certification
by SMBA (Small and Medium Business Administration).
The South Korean government, on an annual basis,
grants special benefits to companies like Allixon International
who continue to demonstrate innovation and investment within their field
of expertise. Additional benefits include the ability for Allixon
to apply for new technology development programs
within the Korean government.
Allixon's management was quick to point out that while this development
is a continued positive step in the right direction for growth
in their RFID sector, it does not represent a contract. Other benefits
that can have an impact on a company's bottom line is the reduction
in various corporate taxes for a specified period of time,
and preferential interest and loans for equipment and management
from government monetary facilities.
Mr. Lee, CEO of Allixon International Corporation, said "The Small
and Medium Business Administration approved Allixon International
as a venture company based on Allixon International's commitment
to RFID technology and their continued investment for research
and development in RFID applications since 2003."
THIS NEWS RELEASE DOES NOT CONSTITUTE ANY OFFER OF ANY SECURITIES FOR SALE.
Today we are issuing another ALERT on AXCP.
But we think the fun is just beginning with this stock.
It has been showing a steady move up on increasing volume.
It appears to us that the stock is in an accumulation phase
and might be ready for a big pop to new highs.
*******PUT AXCP ON YOUR RADAR FOR Monday October 3, 2005**********
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