Tuxis Corporation Announces Second Quarter 2008 Financial Results

NEW YORK, NY -- (Marketwire) -- 08/22/08 -- Tuxis Corporation (PINKSHEETS: TUXS) today reported its financial results for the second quarter ended June 30, 2008.

Tuxis recorded a net loss of $124,137 or $0.13 per share for the three months ended June 30, 2008 compared to a net loss of $114,673 or $0.12 per share for the three months ended June 30, 2007. For the six months ended June 30, 2008, Tuxis recorded a net loss of $252,343 or $0.26 per share compared to a net loss of $246,536 or $0.25 per share for the six months ended June 30, 2007.

The Company's unaudited consolidated balance sheet, statements of income, and statements of cash flows as of and for the second quarter and six months ended June 30, 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. The Company operates Tuxis Self Storage, Clinton, Connecticut, a 184 unit facility which offers a mix of standard and climate control units. To learn more about our self storage facility 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.

Thomas O'Malley
Chief Financial Officer
1-212-785-9300, ext. 267
Email Contact

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