AVIX Outlines New Business Direction and Market Focus with ACTUS
07 Abril 2011 - 10:00AM
Business Wire
AVIX Technologies, Inc. (the “Company” or “AVIX”) (Pink
Sheets: AVIX) is pleased to provide this report on the
Company’s business direction upon completion of the proposed
acquisition, as previously announced, to acquire 100% of Actus
Interactive Software LLC (“ACTUS”), a Florida Limited Liability
Company and developer of proprietary software for the digital
signage industry.
About Actus Interactive Software LLC
The management team of ACTUS is led by CEO and Chairman Tim
Huckaby, the founder and developer of InterKnowlogy
www.interknowlogy.com, a worldwide leader in custom application
development on the Microsoft Platform.
As a keynote speaker at Microsoft Events, alongside top
executives Bill Gates and Steve Ballmer, Mr. Huckaby’s vast
experience, industry respect and network relationships have earned
him a level of trust within the Microsoft global community.
ACTUS will leverage the position that Tim Huckaby enjoys with
Microsoft both as a Regional Director and as founder of
InterKnowlogy, to launch ACTUS and the product line. In this
manner, ACTUS will join the Independent Software Vendor community
that surrounds Microsoft and delivers products that are
complementary and symbiotic to the various Microsoft platforms.
Other companies that have launched this way include:
- Salesforce.com $1.4B in 2009
revenue
- Intuit $3.1B in 2009 revenue
- Teridata $1.7B in 2009 revenue
- Quest Software $700M in 2009
revenue
ACTUS was created with a broader focus offering large scale
production software for various marketplaces and integrates Natural
User Interface (NUI) User Experience (UX) in unique ways that
compel users and brands to engage in a new multi-touch environment.
ACTUS is in discussions with several major retailers for its kiosk
technology and is employing an independent marketing and direct
sales strategy with the ability to take on customers and markets
regardless of size.
With leading edge software capable of servicing a variety of
industries, ACTUS is positioning its creative software development
to capitalize on opportunities unfolding in the digital display
signage industry, which is estimated at $3.9 Billion in 2009
according to IMS Research. The market size and scope of the digital
signage industry offers a tremendous opportunity for AVIX.
ACTUS intends to create the world’s first hardware and software
platform frameworks and suites that will be capable of cross
platform / multiple device solutions while leveraging the power of
local devices and the scalability of cloud computing and
networking.
Jay Hutton, COO of ACTUS stated, “There is a growing demand
among the customer base, and the technology has been economically
inaccessible for a number of years. ACTUS will drive the
interactive kiosk market forward within the construct of a product
offering and not a custom development effort. We expect to equal or
surpass the success of our peers because the interactive display
and multi-touch interface arena of development is strategic to
Microsoft and our relationships within that circle are established
and fundamental to ACTUS.”
Mr. Hutton further stated, “ACTUS will have a running start and
expects to be turning initial revenue while building its product
and exploring new channels and marketplaces. A small amount of
capital will set the company up to secure its initial revenue and
to build a product with no equal. It is a unique opportunity to be
on the ground floor of a company and a technology category that is
about to truly come into its own.”
The Company further announced the re-launch of its website
www.avixt.com to reflect its new corporate vision, provide detail
information on potential acquisitions or current operations and
showcase updates for its shareholders and potential investors.
About AVIX Technologies, Inc.
AVIX is focused on identifying potential acquisitions and joint
venture opportunities in various target markets that offer leading
edge technology in the software industry.
Safe Harbor
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of AVIX Technologies, Inc. with members of its
management team as well as the assumptions on which such statements
are based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Important factors currently known to management that
could cause actual results to differ materially from those in
forward-looking statements include fluctuation of operating
results, the ability to compete successfully and the ability to
complete before-mentioned transactions. The Company undertakes no
obligation to update or revise forward-looking statements to
reflect changed assumptions, the occurrence of unanticipated events
or changes to future operating results.
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