Axion Spatial Imaging Announces the Signing of New Distribution Agreements for its Multimedia Products.EDMONTON, Alberta--(BUSINESS WIRE)--June 1, 1999-- Axion ax·i·on n. A hypothetical boson having no charge or spin and small mass, proposed to explain the existence of certain symmetries of the strong nuclear force. [axi(al) + -on1.] Spatial Imaging Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AXON), a leader in geographic data storage and retrieval technology, and producer of several Multimedia Titles; today announced the signing of nine new US Distributors each of whom specialize in sales to the US Educational/Reference markets. These Distributors are located in California, New York, Pennsylvania, North Carolina, Arizona, Illinois, Missouri, Tennessee and North Dakota and sell through various channels including retail, direct, catalogue sales and e-commerce sites. Products available for sales include our award winning Axion 3D World Atlas (CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). and Network Versions), Humanscope and Humanscope Professional, Axion Cartographic Map Projections of the World. "AXION Multimedia Products -- Learning without Limits(TM)" are targeted toward Grades 5-12, College, and University with subjects in Sciences, Social Studies and Geography. The fast growing Reference/Education market saw a tremendous growth of 21.5 percent and 17 percent respectively over 1998, according to PC Data. Combined, K-12 and higher education software sales are projected to be over 1 Billion dollars for the 1999/2000 school year. (figures from Software Publishers Association). Axion intends to be represented by distributors in every state. Axion has also signed agreements with ATR ATR Achilles tendon reflex, see Ankle reflex Multimedia in Brazil and Opera Multimedia in Italy for translated versions of the Axion 3D World Atlas. A German version of the Product is currently sold in Germany, Switzerland, and Austria and the English version sold in Holland using local publishers. Other News: Axion has also signed an extension to its agreement with Telus Multimedia; a division of Telus/BCTel (CA:TI300:BCT BCT Brigade Combat Team BCT Basic Combat Training BCT Best Conventional Pollutant Control Technology (EPA) BCT Business Cards Tomorrow BCT Banque Centrale de Tunisie (Central Bank of Tunisia) .TELUS). This agreement licensed the use of Axion Multimedia products to Telus Multimedia for distribution to households over high speed Internet access. This is part of a $65 million (CND CND Campaign for Nuclear Disarmament CND n abbr (= Campaign for Nuclear Disarmament) → plataforma pro desarme nuclear CND (Brit) n abbr (= ) trial approved by the Canadian Radio and Telecommunications Commission (CRTC CRTC Canadian Radio-Television & Telecommunications Commission CRTC Combat Readiness Training Center CRTC Cathode Ray Tube Controller CRTC China Railway Telecommunications Center CRTC Cold Region Test Center CRTC Continuously Regenerated Trap Column ) to provide interactive Multimedia content directly to 3,400 households. Except for the historical information presented herein, the matters set forth in this press release are forward looking statements within the meaning of the "safe-harbor" provision of the Private Securities Litigation reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements. |
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