Averox Completes Previously Announced Forward Stock Split, Company to Change Symbol October 27, 2008

  
    
  
  
    
      The Board of Directors of Averox Inc. (OTCBB:AVOX) today announced 
      that it has effected a ten for one stock split effective October 27, 
      2008 and will, as of that date, trade under the symbol OTCBB:AVRI. The 
      split was effected through an amendment to Averox's articles of 
      incorporation in which each outstanding share of common stock is being 
      converted into ten outstanding shares of Averox Common Stock. The 
      authorized number of common shares of Averox has been correspondingly 
      increased to 250,000,000 shares from 25,000,000 shares. The 
      Company had 10 million shares of common stock outstanding prior to the 
      split. As of October 27, it will have 100 million shares of 
      common stock outstanding.
    
    
      “We believe the increase in 
      the number of shares outstanding in the public float resulting from the 
      stock split will enable us to increase the market for our stock and will 
      help us expand our shareholder base,” said Mr. 
      Salman Mahmood, AVOX President and CEO. “We 
      look forward to beginning to trade under our new symbol OTCBB:AVRI. Such 
      a symbol change is standard after a stock split,” 
      he continued.
    
    
      About Averox Inc. (www.averox.com)
    
    
      Averox Inc. (OTCBB:AVRI) is a publicly held independent provider of 
      solutions and services in the domains of Telecommunication Engineering, 
      Telecommunication OSS and BSS and Information Technology. Averox 
      services include offshore product development, application management, 
      project management, program management, telecommunications network 
      deployment, management, optimization and maintenance for small, medium 
      and large enterprises. Averox Inc. has two principal subsidiaries Averox 
      Private Limited and Averox FZ-LLC.
    
    
      This news release contains certain forward-looking statements within the 
      meaning of the Private Securities Litigation Reform Act of 1995. These 
      statements are based on Averox management's current expectations and are 
      subject to risks and uncertainties and changes in circumstances. All 
      forward-looking statements included in this press release are based upon 
      information available to Averox as of the date of the press release, and 
      it assumes no obligation to update or alter its forward-looking 
      statements whether as a result of new information, future events or 
      otherwise. Further information on risks or other factors that could 
      affect Averox' results of operations are detailed in the filings of 
      Averox with the SEC.