Contact Information: Contact: Phoenix Interests, Inc. Investor Relations 214-556-5927 info@pxinterests.com
Phoenix Interests, Inc. to Present China Mobile Security Plan Tuesday, June 16 in On-Demand Webcast
Company Anticipates $1 Million in First Year Revenue
| Source: Phoenix Interests, Inc.
DALLAS, TX--(Marketwire - June 11, 2009) - Phoenix Interests, Inc. (OTCBB : PXNT ) today
announced the Company will conduct an on-demand Webcast Tuesday, June 16 to
present the Company's plan to market its mobile security software in China.
The Company intends to gain access to the mobile phone market in China
through local Chinese technology providers.
Earlier this year, Phoenix Interests launched a new business strategy to
create a comprehensive and global mobile computing technology business.
Recently, the Company announced finalizing the definitive purchase
agreement to acquire Stonewall Networks (www.stonewallnetworks.com) as part
of this strategy. The Company's mobility roll-up strategy has been
developed over the last year, and this acquisition is the first of several
planned acquisitions. Products from Stonewall Networks will provide a
security backbone for the Company's mobile solutions strategy. Stonewall
Networks has developed a proprietary software solution for mobile network
security, including an innovative security policy management product for
enterprise customers.
Greenfield Program to Improve ROI Potential of Emerging Technology
Additionally, Phoenix Interests has recently partnered with the Greenfield
program. The Greenfield program is an emerging technology business
partnership program introduced by NewMarket Technology, Inc. (PINKSHEETS : NMKT ). The program is intended to accelerate the introduction of new
technologies into new markets, and the program is designed to improve the
return on investment (ROI) potential of emerging technology and emerging
market business initiatives. Phoenix was previously featured in a
Greenfield Webcast on May 7th. The Webcast is available for review here:
http://www.newmarkettechnology.com/webcast_20090507.htm
The Greenfield program and the Stonewall acquisition are anticipated to
drive the anticipated $1 million in first year revenue.
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updates, please send an e-mail to info@pxinterests.com.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This press release contains forward-looking statements that involve risks
and uncertainties. The statements in this release are forward-looking
statements that are made pursuant to safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performance could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown
risks and uncertainties, which may cause Phoenix Interests' actual results
in future periods to differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include, among
other things, product demand and market competition. You should
independently investigate and fully understand all risks before making
investment decisions.