Axion Spatial Imaging (Pink Sheets: ASII) today announced recent developments and would like to update shareholders. The Company has issued an increase in the authorized shares from 100,000,000 to 1,000,000,000 in order to accommodate plans of completing pending acquisitions. The Company has not filed a 504 financing and there are no immediate plans of filing such dilutionary financing. The Company would also like it noted that unlike reports by the Nevada Secretary Of State website, there is no forward split or reverse spilt accruing. �The acquisition of the multinational distribution company supports ASII�s strategy of focusing on revenue growth and profit generation. It expedites the corporate goals in the US as well as opens new business opportunities internationally. The Company hopes to have this acquisition finalized within the next couple weeks, and is excited to partner with a diversified, multinational corporation with steady revenue streams worldwide," stated Axion Spatial Imaging Inc. President, Ricardo Perez Rodriguez. 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.
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