Axion Spatial Imaging, Inc. (ASII) Signs Stock Purchase Agreement With Alco
June 16 2008 - 7:30AM
Marketwired
LAS VEGAS, NV announced today that the Company has finalized a
signed stock purchase agreement with Alco Advanced Technologies,
Inc., a Nevada privately held Corporation. Alco is an experienced
company focusing on data security in addition to its presence in
Las Vegas casinos via its patented security software. Alco also
specializes in voice encryption technology as well as CCTV systems.
Additionally, Alco has a foothold in the Latin American market
specializing in such security products as port scanning software as
well as digital video recording. Many of Alco's products can be
seen on its website: www.alco-advanced.com. The agreement between
the two companies allows ASII to purchase up to 40% of Alco stock
over the next few months.
Safe Harbor Statement:
Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to
differ from those in the forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the Company or its management,
identify forward-looking statements. Such forward-looking
statements are based on the current beliefs of management, as well
as assumptions made by and information currently available to
management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors such as the level of business and consumer
spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the level of costs
incurred in connection with the Company's expansion efforts,
economic conditions in the industry and the financial strength of
the Company's customers and suppliers. The Company does not
undertake any obligations to update such forward-looking
statements. Investors are also directed to consider all other risks
and uncertainties.
Contact: Axion Spatial Imaging, Inc. Ricardo Perez Rodriguez
President 206-925-3415
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