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PRESS RELEASES


March 10, 2005
News Release
For Immediate Release

AMEX: TUX
CUSIP 901144105



TUXIS CORPORATION ANNOUNCES REAL ESTATE ACQUISITION

NEW YORK - Tuxis Corporation (AMEX: TUX) announced today that through a wholly-owned subsidiary, Winmark Properties I LLC, it has acquired a 215 acre parcel of undeveloped land located in Clinton Corners and Millbrook, New York as part of its program to acquire and operate real estate properties. Tuxis plans to develop the property over time, initially focusing on road building and landscaping. This acquisition is in the same general area of northern Dutchess County in New York as its commercial properties. Tuxis may seek to further expand its property holdings in this area.

As previously announced, Tuxis has applied to the Securities and Exchange Commission to deregister as an investment company. If its application is granted, Tuxis would intend to continue as a publicly-held operating company listed on the American Stock Exchange subject to the reporting and other requirements of the Securities Exchange act of 1934.

Tuxis is a real estate development and service company. More information about Tuxis may be found at its web site at www.tuxis.com.



 

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Principal Office:   3814 Route 44, Millbrook, NY 12545   |  Tel: (845) 677-2700   |  Fax: (845) 677-2800
Connecticut Office:   6 Heritage Park Road, Clinton, CT 06413   |  Tel: (860) 669-9302
Tuxis Self Storage,  where "Security is Our First Priority"

This web site, including the financial statements included herein, is provided to the shareholders of the Company for their information.
The financial information included herein is taken from the records of the Company.
This is not a prospectus, circular or representation intended for use in the purchase of shares of the Company or any securities mentioned in this web site.