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Post by Franko10 ™ on Sept 29, 2004 19:48:16 GMT -5
Crystalix Group International Authorizes Mass Production
SUNDAY , APRIL 04, 2004 01:58 AM
LAS VEGAS, Apr 3, 2004 (BUSINESS WIRE) -- Crystalix Group International, Inc. (OTCBB:CYXG) announces that its fully-owned subsidiary, Crystalix Europe, has authorized its laser contractor Azura Laser AG, a German corporation, to commence full production of the PEAK AC IR/GR laser systems in accordance with the contract entered into on November 10, 2003.
The contract stipulates for the purchase by Crystalix Europe of 50 laser systems which are the integral part of the Group's RS3000 laser sub-surface engraving units that shall bring in an estimated $9,000,000 USD in gross revenue. In accordance with the terms of the contract the full order would be given after successful testing of an initial 2 laser systems. This has now been completed to the satisfaction of Crystalix Group International, Inc.'s technical department.
The order for the 50 laser systems was placed as a result of the initial positive response from prospective affiliates to the new RS 3000 system. Crystalix Group International, Inc. has previously announced the signing of sale contracts with parties in both Turkey and Singapore. The company is confident that the production of the 50 RS 3000 systems will enable the sales teams in both the United States and Europe to push forward in its attempts to significantly increase the group's short-term revenues.
About Crystalix Group International Inc.
Crystalix is the leading manufacturer, distributor and marketer of laser subsurface engraved optical-quality glass products. Its principal product is a personalized three-dimensional engraved crystal that features the facial image of one or more persons or other three-dimensional images. As of Sept. 30, 2003, Crystalix had 44 kiosks owned by its marketing partners in retail shopping malls, resorts, promenades, casinos, and theme parks where its crystals are engraved and sold. Its engraving process involves the use of a high-resolution digital camera, a laser image scanner, and a laser that is configured together by a standard desktop personal computer, using its proprietary software and a Windows operating system. The laser image scanner converts images from the digital camera, a customer's digital image, or a hard copy photograph into a three-dimensional or two-dimensional digitally formatted image that will be engraved into the center of the crystal by the laser.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
SOURCE: Crystalix Group International Inc.
CONTACT: Crystalix Group International Inc., Las Vegas
Chris Hanneman, 702-740-4616
www.crystalixusa.com
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SUNDAY , APRIL 04, 2004 01:58 AM
LAS VEGAS, Apr 3, 2004 (BUSINESS WIRE) -- Crystalix Group International, Inc. (OTCBB:CYXG) announces that its fully-owned subsidiary, Crystalix Europe, has authorized its laser contractor Azura Laser AG, a German corporation, to commence full production of the PEAK AC IR/GR laser systems in accordance with the contract entered into on November 10, 2003.
The contract stipulates for the purchase by Crystalix Europe of 50 laser systems which are the integral part of the Group's RS3000 laser sub-surface engraving units that shall bring in an estimated $9,000,000 USD in gross revenue. In accordance with the terms of the contract the full order would be given after successful testing of an initial 2 laser systems. This has now been completed to the satisfaction of Crystalix Group International, Inc.'s technical department.
The order for the 50 laser systems was placed as a result of the initial positive response from prospective affiliates to the new RS 3000 system. Crystalix Group International, Inc. has previously announced the signing of sale contracts with parties in both Turkey and Singapore. The company is confident that the production of the 50 RS 3000 systems will enable the sales teams in both the United States and Europe to push forward in its attempts to significantly increase the group's short-term revenues.
About Crystalix Group International Inc.
Crystalix is the leading manufacturer, distributor and marketer of laser subsurface engraved optical-quality glass products. Its principal product is a personalized three-dimensional engraved crystal that features the facial image of one or more persons or other three-dimensional images. As of Sept. 30, 2003, Crystalix had 44 kiosks owned by its marketing partners in retail shopping malls, resorts, promenades, casinos, and theme parks where its crystals are engraved and sold. Its engraving process involves the use of a high-resolution digital camera, a laser image scanner, and a laser that is configured together by a standard desktop personal computer, using its proprietary software and a Windows operating system. The laser image scanner converts images from the digital camera, a customer's digital image, or a hard copy photograph into a three-dimensional or two-dimensional digitally formatted image that will be engraved into the center of the crystal by the laser.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
SOURCE: Crystalix Group International Inc.
CONTACT: Crystalix Group International Inc., Las Vegas
Chris Hanneman, 702-740-4616
www.crystalixusa.com
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Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
