Phoenix Interests, Inc. Releases Exclusive Webcast Featuring Board Member Hugh G. Robinson, Retired Major General and
LUDLOW, KY, Jul 10 (MARKET WIRE) --
Phoenix Interests, Inc. (OTCBB: PXNT) today released a Webcast on the
Company's roll up strategy to build a portfolio of software solutions for
the smartphone and mobile computing market. The presentation features new
Board of Directors member, Hugh G. Robinson, Retired Major General and
former Chairman of the Dallas Federal Reserve.
Phoenix Interests has launched a new business strategy to create a
comprehensive and global mobile computing technology business. In its
first major step, the Company recently announced executing a definitive
purchase agreement to acquire Stonewall Networks
(www.stonewallnetworks.com) as part of this strategy. Stonewall and
Phoenix are working to complete necessary audits, supporting security
agreements, and employment agreements among other requirements necessary
to fulfill all terms of the purchase agreement. The Company's mobility
roll up strategy has been developed over the last year, and this
acquisition is the first of several planned acquisitions
New Board Member Retired Major General Hugh G. Robinson
Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a
retired Major General with a distinguished career serving in the United
States Army. Among other prestigious posts, Mr. Robinson served as
President Lyndon Johnson's military aide de camp. In addition to his
public service experience, Mr. Robinson's career has included extensive
executive management experience with senior positions at Southland
Corporation and City Place Development Corporation. He is a graduate of
the United States Military Academy at West Point and earned a Masters
Degree in Civil Engineering from the Massachusetts Institute of
Technology (MIT). In addition to his role at Phoenix Interests, Mr.
Robinson currently serves on the board of Carmax, Inc., the LBJ
Foundation and the Better Business Bureau.
National Guard Project
Recently, the Company announced a new partnership with The Nance Group of
North Carolina to provide the certification and accreditation of a
National Guard information system. The project would ensure information
assurance throughout the system's life cycle. Stonewall Networks was
chosen for this project based on its security and software systems life
cycle knowledge of distributed applications environment. The Nance Group
is a Service Disabled Veteran owned small business and a world-class
service organization, comprised of both civilian and former military
engineers and recognized as a leader in international consulting services.
Mobility Strategy Webcast
The Webcast is now available for review on the Company's corporate
website. A link to the Webcast titled 'Phoenix Interests Mobility
Software Vision Webcast (July 10, 2009)' is available on the home page of
the Phoenix Interests website at: www.pxinterests.com.
Corporate Email Updates
To be added to Phoenix Interests' e-mail database to receive company
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.
Contact:
Phoenix Interests, Inc.
Investor Relations
214-556-5927
info@pxinterests.com
Copyright 2009, Market Wire, All rights reserved.
-0-
© Thomson Reuters 2009 All rights reserved



