News out Software Licensing and Services Agreement DONE!
Avix Techs (PL) (USOTC:AVIX)
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Today : Monday 16 July 2012
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AVIX Technologies, Inc. (the “Company” or “AVIX”) (Pink Sheets: AVIX) announced today that it has executed and closed the Software Licensing and Services Agreement for MyLottoClicks software with Helpful Technologies, Inc., a Florida Corporation.
Under the terms of the agreement, AVIX has issued One Hundred Million (100,000,000) shares of restricted Common stock of which Fifty Million (50,000,000) shares will be redeemable from Helpful Technologies, Inc. in cumulative payments for a total of One Million Dollars ($1,000,000) to satisfy the full payment within one year of the Closing. The shares have been issued to Helpful Technologies, Inc. with a one-year restriction as may be permitted under Rule 144 of the Securities Act of 1933.
Mr. Reno J. Calabrigo, President of AVIX stated, "We are extremely enthusiastic about closing this new exciting venture with Helpful Technologies, Inc." He further stated, "The interactive website for MyLottoClicks should be completed within the next two weeks and subsequent selling of the software worldwide, shortly thereafter. We firmly believe, as a Company, in the previously announced (June 5, 2012) financial model comprised by Helpful Technologies Inc. for MyLottoClicks software wherein gross revenues for AVIX could exceed $72 Million at the end of the three-year forecast with capitalization exceeding $300 Million.“
The Company also announced it is pursuing two additional proprietary software applications to add to the current asset base and anticipates negotiations for both potential acquisitions to be finalized in August. In addition, the Company will be expanding its current Board of Directors to include prominent and industry experienced representation.
About Helpful Technologies, Inc. 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. 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.
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