AVIX Releases Three Year Financial Model For MyLottoClicks Software
05 Junio 2012 - 7:30AM
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. 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.
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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