VAUGHAN, ON--(Marketwire - Jun 15, 2012) - Axios Mobile Assets Corp. (the "Company") (CNSX: [ AXA ]) advises that it has now refiled its quarterly financial statements and accompanying MD&A for the 2010-2011 comparative periods reflecting the annual filing made by Axios for the years ended December 31, 2010 and 2011 filed April 30, 2012 and discussed in its press release dated April 30, 2012. Copies may be obtained from [ www.sedar.com ] or [ www.cnsx.ca ].

About Axios Mobile Assets

Axios Mobile Assets Corp. is a logistics enabler, featuring next generation, composite pallet technology, which can be bundled with its proprietary tracking and information system that helps improve the value chain in the logistics market. The Axios bundled offering is gaining market acceptance based on its unique attributes: lower total cost, longer useful life, customized configurations and a revenue stream through carbon credit generation, monitoring and the monetizing of carbon emissions reductions. Axios was incorporated under the Business Corporations Act (Ontario) and is a reporting issuer in the Province of Ontario. Axios is traded on the Canadian National Stock Exchange (CNSX) under the symbol AXA.

Further information concerning the Company can be found at [ www.axiosma.com ], [ www.sedar.com ]and [ www.cnsx.ca. ]

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this report and the documents that we incorporate by reference, are forward-looking statements and can generally be identified by words such as "will," "allow," "outlook," or the negative of these terms, and other comparable terminology. Various risks and other factors could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward-looking statements, such as whether Axios and the pallet management company are able to agree on the terms of a definitive supply agreement, and whether Axios is able to meet price, performance, quality and delivery requirements. Axios undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.

No exchange or regulating authority has approved or disapproved the contents of this press release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States.