Axiologix, Inc. Committed to No Reverse Split and Continues to Build Revenue With Company's Cloud Technology Solutions

SARASOTA, Fla., April 23, 2013

Additionally, according to data at OTCShortreport.com (http://otcshortreport.com/index.php?index=AXLX&action=view) while over 180 million shares traded on April 16^th and 17^th, short volume exceeded 90 million shares or about half of the total volume.

Vincent Browne, Chairman and Chief Executive of Axiologix, Inc. said, "Following some enquiries from our shareholders relating to a potential reverse stock split, I would like to confirm we have no plans to execute a reverse split on the stock of our Company. We are committed to increasing shareholder value by building a robust and sustainable business. Therefore, we see no need and no reason to substantially decrease shareholder value through a reverse split."

Mr. Browne continued, "I have no idea why our stock is such a target for the short side of the market. We expect to continue to increase revenues quarter to quarter and organically grow our Company, and we are also pursuing strategic acquisitions, as previously announced, that will substantially increase our cash flows if completed. We will continue to build our business with our marketing campaigns, including exhibiting at future Cloud Technology trade shows and conferences as appropriate. The marketplace has a way of working itself out, and regarding the short position, our best response is by increasing our enterprise value and surprising the market with significant announcements going forward."

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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 Florida, with international operations in Dublin, Ireland. Additional information may be found at www.axiologix.net