To be perfectly honest, news on the economic front has been anything but positive of late. With financial institutions still reeling from the subprime fallout, the dollar struggling, real estate prices continuing their historic slide, and oil prices seeming to break new price records on a daily basis, the stock market indices have been battered by flagging consumer confidence. However, as Warren Buffett’s oft-quoted advice to buy during bear markets has so often shown, lean times can frequently present unique opportunities to the savvy investor.

Axion Spatial Imaging, Inc. (OTC: ASII) is an emerging holding company focused on identifying and locating promising and undervalued acquisition targets, and helping them to achieve their goals. By doing so, Axion aims to build a portfolio of strong growth assets that will emerge as vital business entities and achieve success with the assistance of Axion. The Company has already acquired interests in Water Science, Inc, a California private company, and Alco Advanced Technologies, Inc., a Nevada privately held corporation. Axion believes that both of these companies represent strong growth opportunities and as committed to fostering their expansion and growth, as well as continuing to search for other unique opportunities in the market.

Axion Spatial Imaging, Inc. recently announced that the Company has finalized a signed Stock Purchase Agreement with Alco Advanced Technologies, Inc., an experienced company focusing on data security in addition to its presence in Las Vegas casinos via its patented security software. Alco also specializes in voice encryption technology as well as CCTV systems. Additionally, Alco has a foothold in the Latin American market specializing in such security products as port scanning software as well as digital video recording. Many of Alco's products can be seen on its website: www.alco-advanced.com. The agreement between the two companies allows ASII to purchase up to 40% of Alco stock over the next few months, and Axion announced that as of June 25, the Company had completed the initial purchase of Alco stock according to the Stock Purchase Agreement. In addition to the Stock Purchase Agreement with Alco Advanced Technologies, Axion has also acquired an interest in Water Science, Inc. Water Science retains a Patented Hydration Technology pertaining to clustered water technology processing. This hexagonal clustered water delivers water straight to the body's cells much faster and more efficiently than any other beverage. This ultimate delivery system includes free radical neutralization, supplies oxygen, and CoQ-10 to the body among other nourishing contributions. Axion shall continue to watch Water Science grow, and has further rights to acquire additional stock in the company in the future.

One of the products that has generated the most excitement for Axion is the port scanner security system developed by Alco. The new P7500 is a drive-through scanner that allows for the scanning of the contents of shipping containers without resorting to time-consuming and labor-intensive visual inspections. While there has been virtually unanimous declaration of compliance with International Ship and Port Security (ISPS) requirements, the fact remains that as few as 5% of all containers leaving the world’s major ports are inspected. The P7500 is capable of scanning more than 2,000 containers per day, enabling harbor and port security agencies to achieve unprecedented inspection rates and security. Alco has already received Letters of Intent from ports in South America, and based on preliminary research, the Company projects that annual revenues from Colombia alone could exceed $27 Million.