Axion Spatial Imaging Focuses on One Acquisition

Tue Apr 22, 2008 9:34pm EDT
 
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LAS VEGAS--(Business Wire)--
Axion Spatial Imaging (Pink Sheets:ASII) announced today after
much deliberation Axion Spatial Imaging, Inc. has terminated all
Letter of Intent (LOI) relationships and will focus on health oriented
opportunities such as the recent investment in Water Science, Inc.

   Effective 4/18/2008, Axion has purchased an undisclosed interest
in Water Science, Inc, a California private company. Water Science
retains a patented Hydration Technology pertaining to clustered water
technology processing. This hexagonal clustered water delivers water
straight to the body's cells much faster and more efficiently than any
other beverage. This ultimate delivery system includes free radical
neutralization, supplies oxygen, and CoQ-10 to the body among other
nourishing contributions.

   Axion shall continue to watch Water Science, Inc. grow and has
further rights to acquire additional stock in the company in the
future. Axion will continue to explore other companies in the Health
field as the markets develops.

   Safe Harbor Statement:

   Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve certain
risks and uncertainties that could cause actual results to differ from
those in the forward-looking statements. Words such as "anticipate,"
"believe," "estimate," "expect," "intend" and similar expressions, as
they relate to the Company or its management, identify forward-looking
statements. Such forward-looking statements are based on the current
beliefs of management, as well as assumptions made by and information
currently available to management. Actual results could differ
materially from those contemplated by the forward-looking statements
as a result of certain factors such as the level of business and
consumer spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the level of costs
incurred in connection with the Company's expansion efforts, economic
conditions in the industry and the financial strength of the Company's
customers and suppliers. The Company does not undertake any
obligations to update such forward-looking statements. Investors are
also directed to consider all other risks and uncertainties.

Axion Spatial Imaging Inc.
Ricardo Perez Rodriguez, President
206-925-3415

Copyright Business Wire 2008

 

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