AMI Research Press Releases
American Microcap Institute Updates Research Coverage on AcXessCompany Secures Additional High Availability Hosting Contracts; AMI Reiterates Accumulate Rating
Key Largo, FL, April 5, 2007 -- The American Microcap Institute (AMI), a leading online resource for microcap investors and a division of Hawk Associates Inc., announced today that it issued an update to its analyst coverage of AcXess, Inc. (Pink Sheets: INIV) based on the company’s third fiscal quarter financial results.
The report analyzes AcXess’ third quarter financial statements and details other developments disclosed in recent filings, including new high availability application hosting contracts. The company is still considered a development stage enterprise and realized nominal revenues in 2006. The report discusses a large perceived discrepancy between the market-implied valuation of AcXess’ existing assets and their intrinsic worth. A list of potential catalysts for the shares is also included.
AMI Senior Analyst Cale Smith said, “We believe AcXess is a company that deserves serious consideration by investors. The business has relatively small initial capital requirements, an accelerated sales cycle due to the collective efforts of numerous resellers, upfront payment terms, recurring revenues and high switching costs. AcXess counts Microsoft, SAP and Citrix Systems among its early customers, retains significant IP and is led by managers and directors who have returned hundreds of millions of dollars to investors in prior companies.”
The third fiscal quarter update and the initial 65 page report on the company can be accessed from the AMI Research website, http://www.amistockreports.com. http://www.amistockreports.com.
About AcXess Inc.
AcXess is the first company to make FORTUNE 100-class business continuity and resilient application solutions affordable for small and medium-sized enterprises. AcXess enables immediate restoration of critical IT infrastructure and allows firms of almost any size to avoid loss of operational capabilities and revenue during natural or man-made emergency situations. AcXess is headquartered in Boca Raton, Fla. For more information, visit http://www.acxess.com.
A profile for investors can be accessed at http://www.hawkassociates.com/inivprofile.aspx. For investor relations questions regarding AcXess, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
To sign up for free e-mail alert notifications about AcXess, visit http://www.americanmicrocaps.com.
About the American Microcap Institute The American Microcap Institute (AMI), a subsidiary of Hawk Associates, is dedicated to providing investors with timely and accurate information on companies trading under $10. The AMI website provides investors with a free stock watch list and information about featured microcaps, company headlines, 20-minute-delayed Level II price quotes, e-mail alerts, CEO interviews and research reports. No registration is required to access the site. For more information, visit http://www.americanmicrocaps.com and http://www.amistockreports.com.
AMI Research provides issuer-paid analyst reports in accordance with the certification and disclosures included in each report and as described at http://www.amistockreports.com/disclaimer.html. Investors should consider these reports as only a single factor in making an investment decision.
About Hawk Associates Inc.
Hawk Associates Inc. is one of America’s leading full-service providers of investor relations and media services to microcap and small cap companies. Known for integrity as well as aggressive and dedicated service, Hawk offers global experience and national award-winning expertise in providing a sustainable and effective interface with Wall Street. Hawk’s state-of-the-art websites, leading-edge technology and well-established Wall Street relationships enable the company’s clients to reach investors with their stories in a credible and effective manner.
Hawk Associates specializes in helping emerging and unknown companies develop their messages and implement successful IR programs to stand out among the more than 5,000 small and microcap companies on Wall Street. The company has clients throughout the United States, China and Vietnam.
For more information, contact Frank Hawkins or Julie Marshall at (305) 451-1888 or visit http://www.hawkassociates.com and http://www.americanmicrocaps.com.