Dec. 4, 2012
/PRNewswire/ -- Axiologix, Inc. (
), (AXLX.PK) an International Technology and Services Organization focused on delivering Cloud Products and Services today announced that it has recently established AxioComm, Inc. as a wholly owned subsidiary to offer IP voice, data and Cloud services directly to small and medium sized businesses throughout
the United States
Mr. Dennis Mitrano, President of Telecom Operations at Axiologix, Inc., said , "This is a fundamental step in executing our telecoms strategy and will bring new organic growth in addition to the acquisitions we are working on. AxioComm is partnering with leading technology and service providers to allow us to offer exciting new and competitive services to customers across the United States. AxioComm services are currently being sold via master sales agents that bring a large network of sales resources across the nation. A new AxioComm website will be launched shortly to allow prospective customers to buy directly also."
Mr. Mitrano continued, "The demand for VoIP, hosted PBX, and managed phone services is continuing to increase while traditional PBX phone services are decreasing. Projections from Frost & Sullivan for the 2011 to 2018 forecast period indicate that the hosted IP telephony and unified communications services user base will increase by approximately 29% and related revenue by about 31%. The research data also notes that by 2017, the business telephony user base for VoIP/Hosted VoIP is expected to grow at a compound annual growth rate of about 33%."
About Axiologix, Inc.
Axiologix, Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services to small and medium sized businesses primarily in the United States and to operators globally. Axiologix is headquartered in New Jersey, with international operations in Dublin, Ireland. Additional information may be found at www.axiologix.net
This press release contains forward-looking statements. Words such as "expects", "intends'', "believes'', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission and the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE Axiologix, Inc.