AVIX Announces Letter of Intent between ACTUS and Digital Holdings, Inc.
21 April 2011 - 10:48PM
Business Wire
AVIX Technologies, Inc. (the “Company” or “AVIX”) (Pink
Sheets: AVIX) announces that Actus Interactive Software LLC
(“ACTUS”), the proposed wholly owned subsidiary of AVIX, has
entered into a Letter of Intent with Digital Holdings, Inc. (DHI)
for the deployment of 500 Kiosks within 12 months upon execution of
the definitive agreement.
The Letter of Intent between ACTUS and DHI provides the basis
for a 5 year pricing model whereby ACTUS will supply DHI with
unparalleled content management systems and service, data and
advertising management through a cloud architecture to DHI’s
hardware platform. The pricing model for this kiosk screen
deployment is based on a subscription per month basis with an
initial charge per screen at the time of installation.
“The relationship with DHI is a significant milestone in the
growth for Actus Interactive Software in North America,” said Jay
Hutton, COO of ACTUS. “The focus of ACTUS is to provide very
strategic and ready technologies to support complex advertising
solutions for a customer base seeking to capture consumers in
retail and hospitality environments as well as other high traffic
consumer locations.” Mr. Hutton further stated, “Many of ACTUS’
corporate customers are very sophisticated in terms of demanding a
class of services that require a highly organized effort and in
this case, ACTUS has partnered with a company who is capable to
delivering the core systems on a large scale basis.”
The deployment and roll out of the 500 kiosk systems are
anticipated to begin within 60 days subsequent to the definitive
agreements being executed.
About Actus Interactive Software LLC
ACTUS will create the world’s premier 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.
About Digital Holdings, Inc.
Based in Baltimore, MD, DHI extends into more than 20
cities/locations serving the hospitality and advertising Industry.
DHI operates hotel based kiosk systems that provide information and
advertising opportunities for local brands. The DHI network
services many major hotel brands and boasts a rapidly expanding
network of hotels with the unique, interactive.
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-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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