Axia Building Technologies, Ltd. Celebrates 'Hand Over' Ceremonies for New Homes in Sri Lanka
SAN DIEGO, April 28 /PRNewswire-FirstCall/ -- S.O.S. Children's
Villages of Sri Lanka hosted a "Handing Over Ceremony" on April 25, 2006 of
new homes built by Axia Building Technologies, Ltd., a wholly owned
subsidiary of Axia Group, Inc, (OTC: AXGJ), for families affected by the
tsunami in Kyankeri, Sri Lanka. S.O.S. Children's Villages Association of
Sri Lanka is a part of S.O.S. Kinderdorf International, an international
child welfare organization. The Ceremony also honored the 20th anniversary
since the death of Dr. Hermann Gmeriner, Founder of S.O.S. Kinderdorf
International.
Stated Raj Janan, President of Axia Building Technologies, Inc., "The
celebration was a very moving event for all of us. We have worked hard and
persevered through very difficult conditions to build these homes. The
gratification to finally give these homes to the families who lost
everything nearly two years ago is tremendous."
Axia is building 250 homes through a contract with S.O.S. Kinderdorf
and recently signed a new contract with another group to build as many as
1,000 homes in areas hardest hit by the tsunami in 2004. The government of
Sri Lanka still estimates that more than 100,000 homes need to be built to
replace those destroyed by the storm.
Added Mr. Janan, "We also want to thank S.O.S. Children's Villages for
their support and commitment to helping us complete this project. The homes
that they designed for the people of Sri Lanka are beautiful and will bring
pride to the people of Sri Lanka for a long time."
About Axia Group, Inc.
Axia Group, Inc. is a company dedicated to providing cost effective,
temporary and permanent housing utilizing innovative technology solutions.
The Company is currently building single family homes in the country of 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.
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