Axiologix Inc. (AXLX)

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Vincent Browne, Chairman and Chief Executive of Axiologix, Inc., commented, “It takes a lot of effort from both organizations to reach this significant milestone of successfully completing a
definitive agreement. This is a transformational deal for Axiologix and our shareholders, and also a significant next step in our acquisition growth strategy. The acquisition of Velocity Networks will diversify our business as well as substantially increase revenues and profits. Perhaps moreimportantly however, it becomes a key platform on which we can build out nationwide – not just organically as they have proven already – but also as we continue to acquire additional customers, technologies and services from future transactions.”