TORONTO June 1, 2012 - AVIX Technologies, Inc. (the “Company" or “AVIX") (Pink Sheets: AVIX) announced today that it anticipates the Closing of the Software License and Services Agreement with Helpful Technologies Inc. to occur on or before the end of June 2012.
The Company is currently evaluating the pro-formas provided by Helpful Technologies, Inc. and will be disclosing relevant information pertaining to MyLottoClicks Software in a subsequent release.
The Company is reviewing several additional potential acquisition opportunities to further enhance shareholder value.
About Helpful Technologies, Inc.
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.
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.
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.