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ImageXpres Announces Major Sale of iPrint Kiosks and LitePix Digital Signage Oct 4, 2006 10:51:00 AM
ROCHESTER, NY -- (MARKET WIRE) -- 10/04/06 -- ImageXpres Corporation (PINKSHEETS: IMJX), a digital imaging and printing solutions provider, today announced it has concluded a major sale of its iPrint Digital Kiosks, and related LitePix Digital Display products, to a major distributor of digital systems, New Imaging Technology Corporation (NITC), based in Miami, FL.
The initial order calls for 100 iPrint Digital Kiosks, of several configurations, and 50 units of the LitePix Digital Displays, 25 ea. of the P19 Display, and 25 ea. of the P27 Display. The initial sale represents hardware revenue in excess of $2,000,000, and annual software media sales that represents a minimum of $500,000 per year.
John Zankowski, President and CEO of ImageXpres, commented, "Our decision to enter into a sales distribution agreement with New Imaging Technology Corporation(NITC) represents a major achievement in the Company's marketing and sales efforts related to digital imaging systems. The agreement is a long term contract in which ImageXpres and NITC, along with several related partners of NITC, will work jointly to sell, support, and locate ImageXpres iPrint Digital Kiosks and LitePix Digital Signage solutions on a national basis. The initial sales rollout will focus on the south Florida geographic area, in particular greater Miami, where major tourism and business growth is flourishing. We expect to make further business announcements related to the iPrint Digital Kiosk deployment in the coming weeks."
About ImageXpres Corporation
ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, and healthcare (diagnostic imaging) market segments. The Company is establishing a network of digital imaging/print centers across the U.S., including its iPrint Digital Kiosks, a family of self-service multimedia kiosks, and LitePix Digital Displays, digital signs that provide unique advertising benefits for business owners. The Company's website is www.imagexpres.com.
About New Imaging Technology Corporation
New Imaging Technology Corporation (NITC) is a privately owned company, headquartered in West Palm Beach, FL, and is a systems integrator and distributor of digital imaging technology-based products. NITC has entered into a number of business relationships with emerging technology and franchise development companies. NITC plans to become a major distributor of ImageXpres' iPrint Digital Kiosks and internet-connected advertising media products.
Statements in this press release about the company's future expectations, including the rate of growth of the Company's revenues derived from sales of its safety and security products, and all other statements in this release other than historical facts, are "forward-looking statements" within the meaning of Section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as changes in consumer demand, satisfaction or desire for our products for a variety of reasons. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's reports and financial statements.
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check the vitals this is low for a suber this can go
As of 10-04-2006 there were 807,099,302 shares outstanding with 716,552,766 free trading shares and 90,546,536 shares restricted for ImageXpress with 1,000,000,000.
Thank you
Jason M. Bogutski - President Signature Stock Transfer, Inc. 2301 Ohio Drive - Suite 100 Plano, Texas 75093
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Posted by: florida135 In reply to: florida135 who wrote msg# 3583 Date:10/4/2006 10:54:03 AM Post #of 3698
Now here's the e-mail and their reply! Florida
Dear Richard,
ImageXpres is not considering any reverse split in the near or medium-term future. The dilution referred to was in fact a result of the Company's need to fund several large product sales launches, that require substantial cash to accomplish the landing of several major sales contracts, plus other needs related to growth of the business. The total shares outstanding as of 9-15-06 was just over 634 M SHARES.
There will be IMJX shareholder updates and a full accounting of operational results for full-year 2006, along with aggressive sales revenue,and earnings projections going forward into 2007, 2008, 2009. IMJX management believes The Company will be very successful with sales of several key products / services areas, based upon our current product strengths, and competitive advantage in the marketplace.
Our best days are right ahead of us, and with quantitative results will come a stock price uplift.
We hope to announce certain sales results in the very near future, along with several key distributor relationships regarding the LitePix Digital Displays/ Signage and iPrint Kiosk product line.
If the company needs to implement additional funding to accomplish its goals, additional dilution, but substantially reduced in incremental OS totals, could result. Virtually all incremental capital raised by the Company is being used to place units in market trials that will lead to major sales results.
Overall, IMJX management is committed to increasing all shareholder value, and anticipates new shareholders coming in at higher market prices.
Thank you for your email, and support to date, and we look forward to major results in the very near future, along with a marked increase in IMJX stock price and capital valuation.
John S. Zankowski President, CEO ImageXpres Corporation (585) 325-5078
P.S. No one is ignoring shareholder requests for information, but the ability to provide rapid responses to ( many ) people, is often impacted because of limited resources needed to run the company. You will have to understand that management is working on the right things to increase shareholder value, including improved dissemination of relevant information.
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that's exactly right. I saw that as well. It seems they have been diluting to raise capital. And by the PR today, it is paying off. I think you are right though, after today, they have to be close to around ~900mil I would guess, which is the top (1bil a/s with 90+mil restricted)
Even so, with their developments, and the current price, and the end of dilution, I expect a nice bounce here soon.
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Maxing out he A/S would not be a bad thing at this point. I think we are close to that now. Reson i say not bad is because if the the A/S stays at 1biLL and we max it we are in gOOD shape for a run as there woult be any more shares comign into market. So as long as our A/S stays as is were are str8.
PS.That email is not current so the new OS numbers are not a shock to most. The guys on the ihub board have been keeping daily track of the O\S. So most new that it was at 800
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ImageXpres Orders NOBO List to Determine Actual Shares Outstanding Oct 11, 2006 10:45:00 AM
ROCHESTER, NY -- (MARKET WIRE) -- 10/11/06 -- ImageXpres Corporation (PINKSHEETS: IMJX), announced today that the Company has ordered and is reviewing a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership, list shows a more complete corporate ownership profile than is available from the transfer agent alone.
"We are reviewing the NOBO list," explained President John S. Zankowski. "There seem to be discrepancies which we are moving to correct. Our primary interest is to our shareholders, and the creation of value for all company stakeholders. As the company moves forward with increasing sales revenues and anticipated earnings from operations, it will be very important that the company has an accurate list of its shareholders and an effective communications channel with them on a continuing basis. The company is establishing a shareholder information site as part of its website, and can be accessed at www.imagexpres.com/shareholder.htm.
About ImageXpres Corporation
ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, and healthcare (diagnostic imaging) market segments. The Company is establishing a network of digital imaging/print centers across the U.S., including its iPrint Digital Kiosks, a family of self-service multimedia kiosks, and LitePix Digital Displays, digital signs that provide unique advertising benefits for business owners. The Company's website is www.imagexpres.com.
Statements in this press release about the company's future expectations, including the rate of growth of the Company's revenues derived from sales of its safety and security products, and all other statements in this release other than historical facts, are "forward-looking statements" within the meaning of Section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as changes in consumer demand, satisfaction or desire for our products for a variety of reasons. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's reports and financial statements.