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[Wallgrekk]

Axia Group, Inc. Begins Construction on Multistory Homes in Sri Lanka

SAN DIEGO, Oct. 19 /PRNewswire-FirstCall/ -- Axia Group, Inc. (OTC:
AXGJ) announced today that it has begun construction on multistory
residential building in Colombo, Sri Lanka. The two story apartment
building will provide 20 units and represents an opportunity for Axia to
demonstrate its ability to build multistory structures with its panel based
technology.
The project is being completed for the Real Este Exchange Ltd, or REEL,
a division of the Sri Lanka government dedicated to creating new housing
for residents of Sri Lanka. The 20 unit apartment complex is a paid pilot
project valued at about $160,000. REEL is looking to provide as many as
6,000 single family residences during the year 2007.
Stated Jeffrey Flannery, CEO of Axia, "This is a great showcase for our
technology and demonstrates the tremendous inroads we have made with the
Sri Lankan government and people. The panel system is so strong that two
and sometimes three story buildings can be constructed without any
additional beams or trusses, representing significant savings in terms of
cost and time. REEL is looking at how quickly we can erect this first
project and will evaluate the quality of the construction. After this pilot
is complete, we obviously hope to be chosen to participate in their
ambitious plans to provide housing in Sri Lanka."
More information on Axia Group, Inc. can be found on the company web
site at http://www.axiagroup.info.
Investors are cautioned that certain statements contained in this
document as well as some statements in periodic press releases and some
oral statements of AXGJ officials are "Forward-Looking Statements" within
the meaning of the Private Securities Litigation Reform Act of 1995 (the
"Act"). Forward-looking statements include statements which are predictive
in nature, which depend upon or refer to future events or conditions, which
include words such as "believes," "anticipates," "intends," "plans,"
"expects," and similar expressions. In addition, any statements concerning
future financial performance (including future revenues, earnings or growth
rates), ongoing business strategies or prospects, and possible future AXGJ
actions, which may be provided by management, are also forward-looking
statements as defined by the Act. Forward-looking statements involve known
and unknown risks, uncertainties, and other factors which may cause the
actual results, performance or achievements of the Company to materially
differ from any future results, performance, or achievements expressed or
implied by such forward-looking statements and to vary significantly from
reporting period to reporting period. Although management believes that the
assumptions made and expectations reflected in the forward-looking
statements are reasonable, there is no assurance that the underlying
assumptions will, in fact, prove to be correct or that actual future
results will not be different from the expectations expressed in this
report. These statements are not guarantees of future performance and AXGJ
has no specific intention to update these statements.


SOURCE Axia Group, Inc.

[Wallgrekk]

KÖnnte der Beginn eines Auftrags von 6.000 neuen Häusern sein!!

[papschy]

Antwort auf Beitrag Nr.: 24.724.154 von Wallgrekk am 19.10.06 16:49:30

Hi

Du was hat AXGJ mit CTXi zu tun ? Meine das bei Dir gelesen zu haben

[Wallgrekk]

Antwort auf Beitrag Nr.: 24.724.269 von papschy am 19.10.06 16:53:52

Ganz einfach: Micro Construction ist (soweit ich das persönlich recherchiert habe - Irrtümer vorbehalten)
die Mutterfirma von Micro Cars.

Centrex und Axia haben denselben CEO

Also wenn Centrex Micro Cars übernimmt und Axia Micro Construction......

[Wallgrekk]

[Wallgrekk]

NEWS!!!!!!!!!!!!!!!!


Press Release Source: Axia Group, Inc.

Axia Group Inc. Signs Final Agreement To Acquire MicroConstruction Pvt. Ltd. in Sri Lanka
Tuesday October 24, 9:00 am ET

SAN DIEGO, Oct. 24 /PRNewswire-FirstCall/ -- Axia Group, Inc. (OTC Pinksheets: AXGJ) announced today that it has signed a final agreement to acquire 100% of MicroConstruction Pvt. Ltd, a Sri Lanka company. The shareholders of MicroConstruction will receive 3,000,000 shares Preferred Stock in Axia which will be restricted until December 2008. Each Preferred Shares will convert to $0.33 worth of common stock in Axia at time of conversion. Incentives apply based on company performance. No cash was exchanged in the transaction.

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MicroConstruction utilizes a panel based technology introduced by Axia to build homes and commercial buildings and currently has contracts with relief and government agencies in Sri Lanka and India. The parties signed a Letter of Intent in June of 2006 and have been working together to gain adoption of the panel technology with the government and commercial sectors of Sri Lanka. The company has a $1.9 million project with SOS Kindedorf building homes for families affected by the tsunami of 2004 as well as a project with the government agency REEL to build multistory residences for families in the urban center of Colombo.

Stated Jeffrey Flannery, CEO of Axia, "Our team in Sri Lanka has made great progress in that country, and we are proud to finalize this agreement and move forward with new projects in both the government and private sectors."

The Axia panel technology consists of wire trusses that are welded together around an insulation core of expanded polystyrene (Styrofoam). After put in place as wall, floor or roof, this panel is then coated with concrete. With this method, for example, a 600 square foot home can be constructed in less then two weeks. This technology can also be used for multistory buildings, commercial structures, luxury homes, apartment buildings, high rises and resorts. The resulting structure is able to withstand winds of greater than 180 kilometers per hour, is resistant to mold, mildew, insects and is highly fire resistant.

More information on Axia Group, Inc. can be found on the company web site at www.axiagroup.info.