Allixon International Corporation Signs Educational-Industrial Cooperation Agreement with Research Center for Logistics Information Technology (LIT) of Pusan National University


NEW YORK, Oct. 17, 2005 (PRIMEZONE) -- Allixon International Corporation (Pink Sheets:AXCP) has signed an Educational-Industrial cooperation agreement with Logistics Information Technology (www.rclit.com) to further enhance RFID business in the Korean and global RFID markets. LIT is the Korean national project for developing the next generation of logistics information technology. LIT is a joint initiative of Pusan National University, Dong-A University and Pukyong National University. LIT is funded by the Korean Ministry of Education and Human Resources Development, for the 2004-2013 period. The annual budget of LIT is US$3,000,000. Today, LIT is in partnership with more than 15 corporations and government agencies.

Its has four major research topics: Future Distributed Computing Technologies for Logistics, Mobile Technologies for IT-based Logistics in Ubiquitous Network Environments, Intelligent Logistics System Technology and Advanced Technologies for Automated Container Terminals. In these topics, Allixon will join in the first topic, Future Distributed Computing Technologies for Logistics, to develop a smart RFID middleware to support passive tags and active tags together.

Allixon will focus on developing four basic technologies as follows: a technique for location tracking of logistics using GPS/RFID, middleware technology for the control and management of readers for next-generation logistic tags, distributed platform structures and middleware technologies for logistics information network, and semantic-based integrated management of logistics resources and adaptive authentication software technologies

LIT, in conjunction with SUN Microsystems RFID Test Center at Pusan National University, has been established to support companies which are going to observe the RFID application plans. The SUN Microsystems RFID Test Center at Pusan National University has been built based on RFID Test Center in Dallas, but modified to suit the Korean environments. Allixon will also join this SUN Microsystems RFID Test Center to use it as an excellent test bed for the many companies which want to engraft RFID technologies to their business.

THIS NEWS RELEASE DOES NOT CONSTITUTE ANY OFFER OF ANY SECURITIES FOR SALE.

About Allixon International Corporation

Allixon is a leading provider of RFID middleware and mobile Internet solutions for device computing. Allixon combines its products, expertise, partnerships and integration capability into solutions for a wide range of device computing applications, including RFID middleware and m-banking solution. Allixon's products based on ubiquitous technologies direct companies looking to tap into the wealth of data captured by networked devices such as RFID readers or handhelds to extend the quality of information to any device where they want. The company is headquartered in Soeul, Korea -- 1564-1, Seojin Bldg. 3FL., Seocho3-Dong, Seocho-Gu, Seoul, Korea 137-868.

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This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition or alteration.



            

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