AXIA Awarded Contract to Construct Building Complex in Sri Lanka

Axia Group, Inc. (OTC: AXGJ) announced today that it has been awarded a Letter of Acceptance for a building complex in Sri Lanka for the Department of Archaeology. The project will consist of one single story building and four two story buildings. The accepted bid was for 15,878,004 Rupees or approximately $160,000 USD.

Stated Jeffrey Flannery, CEO of Axia, "This new contract is further recognition that our panel based technology is gaining wider acceptance in Sri Lanka. This new contract came after evaluation of our prior REEL (Real Estate Exchange Ltd.) project which has been met with both acceptance and praise. I believe we will be looking forward to many similar projects staring up in 2007."

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