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[QUOTE]Originally posted by JimSC: [QB] AXGJ NEWS!! Contract for 1,000 Home Project Axia Group Inc. Receives Approval to Participate in 1,000 Home Project for Sri Lankan Army 2007-01-08 10:24 ET - News Release SAN DIEGO, Jan. 8 /PRNewswire-FirstCall/ -- Axia Group, Inc. announced today that it has received preliminary approval to participate in a large housing project for the Sri Lankan Army. The project involves 1,000 new single family homes to be built in the ancient city of Anuradapura, located about 100 miles from the capital city of Colombo. The total value of the contract is estimated to be worth approximately $1,100,000 US. Stated Jeffrey Flannery, CEO of Axia, "Acceptance for our panel based building technology continues to grow as more people recognize the advantages we offer in terms of building strength, versatility and speed to completion. The Sri Lankan Army's approval to participate in this project is a direct result of the work that we have completed for the Real Estate Exchange Ltd. in the city of Colombo, where the quality of our technology and construction is now apparent." Added Flannery, "The size and scale of this new project now allows us to consider operating a panel production plant in Sri Lanka, a goal we have long had at Axia. A local plant would also greatly increase the profitability of this and future projects in the region." More information on Axia Group, Inc. can be found on the company web site at [URL=http://www.axiagroup.info.]www.axiagroup.info.[/URL] Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of AXGJ officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future AXGJ actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and AXGJ has no specific intention to update these statements. Axia Group, Inc. CONTACT: Janet Whitehead of Axia Group, Inc., +1-619-466-4701, jwhitehead*axiagroup.info [/QB][/QUOTE]
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