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Re: ProfitScout post# 39996

Tuesday, 06/05/2012 9:26:27 AM

Tuesday, June 05, 2012 9:26:27 AM

Post# of 62488
AVIX Releases Three Year Financial Model For MyLottoClicks Software

June 5, 2012 TORONTO--(BUSINESS WIRE)--

AVIX Technologies, Inc. (the “Company” or “AVIX”) (Pink Sheets: AVIX) announced today its three year financial model for MyLottoClicks software with projections prepared by Helpful Technologies, Inc. These pro-formas anticipate gross revenues could exceed $72 million at the end of the three year forecast with capitalization exceeding $300 million.

After the launch of MyLottoClicks software, the Company expects to generate in gross revenue $8.1 million in year one, $26 million in year two and $ 38.3 million in year three.

Reno J. Calabrigo, President stated "We are very excited about the prospects for success that MyLottoClicks provides for the Company as we continually strive to maximize value to our shareholders."

About Helpful Technologies, Inc. http://www.helpfultechnologies.com

Helpful Technologies Inc. is a private developer of cutting-edge technological solutions for global markets. MyLottoClicks Software is a lottery numbers generator based on proprietary algorithm developed by Helpful Technologies Inc. in 2009.

About AVIX Technologies, Inc. http://www.avixt.com

AVIX is focused on identifying potential acquisitions and joint venture opportunities in various target markets that offer leading edge technology and services on a global scale.

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.


Contact:
AVIX Technologies, Inc.
Reno J. Calabrigo, President, 416-907-7362
www.avixt.com

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