SEOUL, Korea, Nov. 11, 2005 (PRIMEZONE) -- Allixon International Corporation (Pink Sheets:AXCP) announced today that it has signed an OEM Technology Agreement with Sun Microsystems, Inc. to acquire certain technologies available by Sun Microsystems, Inc. to build-out its RFID Middleware Solution, more specifically with a focus in SCM (Supply Chain Management). The term of the contract is for one year with an option to renew. Under the general terms of the contract Allixon may purchase Product and Service from Sun or from a Sun authorized reseller.
It is expected that Allixon will utilize the various products and services that Sun Microsystems, Inc. has to offer to develop its new RFID Middleware SCM (Supply Chain Management) solution and related RFID technologies to be launched in the second quarter of 2006. The combinations of RFID technologies and SCM (Supply Chain Management) have the potential to exponentially boost SCM performance in many business sectors such as the Pharmaceutical sector. Allixon is currently researching the potential applications an RFID-based pharmaceutical SCM (Supply Chain Management) Business Model could offer the industry.
Mr. Lee, CEO of Allixon International Corporation, said, "We are pleased to continue the advancement of our RFID based technologies and their practical applications. We hope that these types of technology relationships provide a strengthened platform for both our existing and future RFID applications and will help provide a better understanding within the various business sectors the growing possibilities that RFID technology has to offer."
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 Seoul, Korea -- 1564-1, Seojin Bldg. 3FL., Seocho3-Dong, Seocho-Gu, Seoul, Korea 137-868.
NOTE TO EDITORS: If you would like additional information on Allixon International Corporation, please view our website at www.allixon.com. To receive an investor kit or additional information for Allixon International Corporation, or to join the company's mailing list, please contact Investor Relations Department by emailing investors@allixon.com, or Robert Collard at Select Equities, Investor Relations at (407) 304-4701.
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.