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ALL THE RECENT HEADLINES FOR AXGI IN condenced format and excluding one discussion on a 10Q as the post was to long. All of the disclaimers and "about the company" parts have been omitted as the post is too long to paste otherwise. ------------------------------------------------------------------------------------ WEST PATERSON, N.J.--(BUSINESS WIRE)--April 16, 2001 Auxer Announces CT Industries' Projections to Equal Clifton Telecard's; CTI's Grand Opening and X Factor Launch Deemed a Success
Business Editors
WEST PATERSON, N.J.--(BUSINESS WIRE)--April 16, 2001--The Auxer Group (OTCBB:AXGI-News) announced today that its subsidiary, CT Industries, Inc. (CTI), projects a sales pace equivalent to its sister company, Clifton Telecard, by 3rd Quarter 2001.
Clifton Telecard's sales for the 4th Quarter were on a $34 million annualized pace. "Depending on the speed of the X Factor product line development, which will contain our feature products, The X Cell Phone and the X Calling Card, the later of which is already being distributed nationally, actual sales could exceed these projections," states Ryan Shaver, Executive Vice President, CT Industries.
In other company news, CTI's grand opening was deemed a major success. Over the past two weeks the company has added distribution accounts in Florida, California, Louisiana, Mississippi, Maryland, North Carolina, Washington D.C., New Jersey, Ohio, Minnesota, and Wisconsin.
The company plans to have distributors in every state by the end of May 2001 and information on these distributors will be released as the negotiations are finalized.
This weekend's launch of the X Factor on NBC was also another major milestone for the company. More information will be announced on The X Factor Grand Prix of Sonoma, scheduled for July 22, 2001 at the California Sears Point Raceway, in the weeks to come.
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Auxer's CT Industries, Inc. to Debut Sponsorship of The X Factor Grand Prix on NBC WEST PATERSON, N.J.--(BUSINESS WIRE)--April 12, 2001--The Auxer Group (OTCBB: AXGI-News: auxer.com announced today that its subsidiary, CT Industries, Inc.(CTI) will be debuting The X Factor on NBC Sports in front of a worldwide audience on Saturday April 14, 2001.
The thirty-second commercial will telecast during the inaugural race of the European Le Mans Series from England's Donington Park circuit. Scheduled to air twice between 4pm and 6pm EDT, the commercial will be advertising The X Factor Grand Prix of Sonoma. This North American Le Mans Series race will take place on July 22, 2001 at the California Sear Point Raceway.
The same-day coverage of the event will be NBC Sports' first telecast of the Le Mans Series race from Europe. Allen Bestwick, anchor for NBC Sports' NASCAR racing coverage, will be the host for the network's telecast of the Donington Park event. Bestwick will be teamed with veteran road racing star Bill Adam who will provide analysis on the race.
Calvin Fish and Martin Haven will be the pit reporters for the race. ``We are extremely excited about debuting our newest line on national television in conjunction with The American Le Mans Series. We feel there is a nice synergy between the rapid growth of the Le Mans fan base and our target market for the upcoming X Factor Line of products,'' stated Ryan Shaver, Executive Vice President, CT Industries.
In other news, the Company would like to announce that a photo of the No. 15 Porsche of the Dick Barbour Racing Team that ran in Sebring, FL is now posted on the team's website, www.dickbarbourracing.com. The car features the X-Factor logo on the front fender and The Auxer Group logo on the hood of the car.
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Auxer's CT Industries, Inc. Finalizes Southeastern Distribution Plans For The X-Product Line
Business Editors/Hi-Tech Writers
WEST PATERSON, N.J.--(BUSINESS WIRE)--March 29, 2001--The Auxer Group (OTC BB:AXGI - www.auxer.com) announced today that its subsidiary, CT Industries, Inc. (CTI), has reached an agreement with Universal Services & Telecom, Inc. to distribute prepaid products under the X-Product Line.
Universal Services & Telecom, Inc. will carry the X-Product Line in all five of their locations ranging from Miami, Florida to New Orleans, Louisiana. Initial shipments are scheduled to commence early next week.
CT Industries' headquarters will handle distribution for the northeast and the company is currently in discussions with a west coast distributor to complete the alliance necessary for a nationwide campaign.
"We are extremely pleased with the rapid development of The X-Product Line. With the national distribution in place we can remain focused on sales and product development," commented Ryan Shaver, Executive Vice President, CT Industries.
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Company's Second Telecommunications Distributor
Business Editors/Hi-Tech Writers
WEST PATERSON, N.J.--(BUSINESS WIRE)--March 26, 2001--The Auxer Group (OTC BB:AXGI - auxer.com announced today that their wholly-owned subsidiary, CT Industries, Inc. (CTI), will host its grand opening as a Prepaid Telecommunications Distributor on March 31, 2001.
The opening of the second office, located in West Paterson, NJ, will assist in handling Clifton Telecard's growing sales. This new strategic location will allow Clifton Telecard to handle additional walk-in customers and will also provide additional warehouse space to handle inventory.
CT Industries and Clifton Telecard Alliance will work together to serve as one of the top tandems of Prepaid Telecommunications in the northeast. CT Industries is currently launching its X-Factor Line of Telecommunications Products in addition to its grand opening as a telecommunications distributor. CT Industries is already generating revenue and management expects sales from CT Industries to equal that of Clifton Telecard Alliance by this summer -------------------------------------------------------------------------------------------
WEST PATERSON, N.J.--(BUSINESS WIRE)--Mar. 22, 2001--The Auxer Group, Inc. (OTCBB:AXGI - News, www.auxer.com) announced today that the company achieved record
revenues for the year 2000.
The $10.99 Million in sales for the year represents an increase of more than 1200% over the $871,000 the company posted in 1999.
This major increase in sales can be largely attributed to the Telecommunications Group, which recorded sales of $8.5 Million in the 4th Quarter of 2000. The Automotive Group also saw a dramatic increase in sales with $1.7 Million for the fiscal year 2000, which almost doubled the total figure of $871,000 for fiscal year 1999.
Assets under management also grew to $5.4 Million in 2000, up over 1100% from the $471,000 recorded in 1999.
Eugene Chiaramonte Sr., Chairman states, ``We are extremely excited about the future of The Auxer Group. The dramatic increase in revenues can only be attributed to a total team effort, which includes everyone from management to the operating teams. This allowed us to accomplish the goals that we set forth for 2000. Furthermore, we are extremely optimistic about our plans and goals for 2001. CT Industries' launch of the X-Factor Project, coupled with planned acquisitions to increase distribution, reduce costs and improve engineering, will be the cornerstone for our plans in 2001. We plan to build on the success we achieved in 2000 to make 2001 another record setting year.'' |