Contact Information: Contact: Thomas O'Malley Chief Financial Officer 1-212-785-9300, ext. 267
Tuxis Corporation Announces 2008 Financial Results
| Source: Tuxis Corporation
NEW YORK, NY--(Marketwire - May 20, 2009) - Tuxis Corporation (PINKSHEETS : TUXS ) today
reported its financial results for the year ended December 31, 2008.
Tuxis recorded a net loss of $434,373 or $0.44 per share for the year ended
December 31, 2008 compared to a net loss of $526,710 or $0.53 per share for
the year ended December 31, 2007.
The Company's unaudited consolidated balance sheets, statements of income,
and statements of cash flows as of and for the year ended December 31, 2008
are appended to the copy of this press release on www.tuxis.com.
Tuxis Corporation is engaged through subsidiaries in real estate
development and self storage. Tuxis Self Storage at Heritage
Park, Clinton, Connecticut, is a 185 unit self storage facility which
offers a mix of standard and climate control units. Tuxis Self Storage at Millbrook
Commons, Millbrook, New York, is a 118 unit climate control self
storage facility which is under construction and is forecasted to be
completed by the second quarter of 2009. To learn more about our self
storage facilities please visit www.tuxisselfstorage.com. To learn more
about Tuxis Corporation, including Rule 15c2-11 information, please visit
www.tuxis.com.
This release contains certain "forward looking statements" made pursuant to
the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. These statements involve known and unknown risks,
uncertainties and other factors, many of which are beyond the control of
Tuxis Corporation, which may cause the Company's actual results to be
materially different from those expressed or implied by such statements.
The forward looking statements made herein are only made as of the date of
this release, and the Company undertakes no obligation to publicly update
such forward looking statements to reflect subsequent events or
circumstances.