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Axiologix, Inc. Enters Potential $10 Million Annual Revenue Joint Venture
Axiologix, Inc. Enters Potential $10 Million Annual Revenue Joint Venture.
About this update from Axiologix Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nAxiologix, Inc. Enters Potential $10 Million Annual Revenue Joint Venture\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nAxiologix, Inc. Enters Potential $10 Million Annual Revenue Joint Venture\n\nPR Newswire\n\nSARASOTA, Fla., May 2, 2013\n\n\n\n\n\n\n\nSARASOTA, Fla., May 2, 2013 /PRNewswire/ -- Axiologix, Inc. (www.axiologix.net) (OTC: AXLX), an International Technology and Services Organization focused on delivering Cloud-based Products and Services, today announces a joint venture company, Axiocomm LLC, in equal partnership with ePath Communications, a Florida based company deploying municipal wireless broadband networks. The joint venture has a potential annual revenue stream of $10 million. 50% percent of revenues and profits will be booked to Axiologix, Inc.\n\n\nThe Joint Venture (JV), known as Axiocomm LLC, is leveraging ePath's deep relationship with a large national training institution, to market Axiocomm's Voice, Data and Cloud services, under license, to a proven database of over 2,000,000 key decision makers or key influencers in the purchase of such services for large and small businesses across the United States. Dennis Mitrano, Axiocomm's CEO, is the managing member of the JV and will manage day-to-day operations. Florida will be the first market addressed given its proximity and will grow state-by-state thereafter.\n\n\nAxiocomm provides the telecom and cloud services offered by the JV using its existing network and systems. ePath will share equally in the net profits generated by the JV. Axiocomm expects to generate revenues of between $300 and $1,000 per month per customer based on initial analysis, with gross margins above 40%. \n\n\n\nJoe Tortoretti, President and CEO of ePath Communications and also CEO of New Horizons Computer Learning Centers Gulfcoast Florida said, \"I am very excited to finally get this project underway as I have been looking for the right partner with the right competitive and compelling services to address the needs expressed to me over the years by many of the people we are targeting. I...