Southern ITS International, Inc. (SITS)

[august1991]

DONT FORGET!!!! AND OTHER DEALS ON THE HORIZON!!!

Sometimes when things turn south a bit people run scared and loose site of the future!!!
News could come today...(or next week)..and then you could regret selling your shares!!!
Takes money to make money!!!

April 9, 2008 - 10:18 AM EDT
Axion Spatial Imaging (ASII) Announces Letter of Intent To Acquire Multinational Distribution Company With Subsidiaries In India, China, Europe, and Canada
Axion Spatial Imaging (Pink Sheets:ASII) announced today that it has signed a letter of intent to acquire all the stock of a privately held US distribution company with subsidiaries in India, China, Europe, and Canada. Financial details of the proposed acquisition are not disclosed at this time. The acquisition is expected to close in April of 2008 and is subject to certain closing conditions, including satisfactory completion of due diligence and execution of the Definitive Agreement.

The Company manufactures under contract and private label pigments, dyes, chemicals, and steel wires and is currently expanding into pharmaceuticals. Current relationships and joint ventures include three (3) manufacturing plants to directly supply steel wires to manufacturers for springs, automobiles and garment/textile industries. The Company also holds joint ventures with two (2) plastic manufacturers for plastic bag distribution in the US market.

"This acquisition supports ASII’s strategy of focusing on revenue growth and profit generation. It expedites our corporate goals in the US as well as opens new business opportunities internationally. We are hoping to have this acquisition finalized within the next couple weeks, and are excited to partner with a diversified, multinational corporation with steady revenue streams worldwide," stated Axion Spatial Imaging Inc. President, Ricardo Perez Rodriguez.