LA MIRADA, Calif., Oct. 21 /PRNewswire-FirstCall/ -- Lexon Technologies, Inc. (OTC Bulletin Board: LEXO) is pleased to announce that it has retained Ibis Consulting Group, (http://www.ibisnest.com), Newport Beach, California, to assist with its investor relations outreach to institutional investors and other potential stakeholders.

"Ibis has a track record of success in introducing companies such as ours to retail and institutional investors, mutual and retirement funds, portfolio managers and others who can make a significant difference," said James Park, CEO, Lexon Technologies.

"Loyal institutional investors can both propel a company's value in bull markets and can provide necessary stability in bear markets. Ibis is particularly skilled at assisting emerging growth companies that are not yet known to the investment community and that are not followed by Wall Street analysts," Mr. Park said.

Lexon (formerly Paragon Toner Inc.) has seen consistent growth and profitability since it opened as a private company in 1993 and has seen an unprecedented increase of both sales and profits during the last three years. "We are excited to be introducing a Company that is 'Green' and good for the environment, with its manufacturing of recycled toner, that is profitable, and that has an excellent profit margin," said Stephen Gjolme, Principal, Ibis Consulting.

About Lexon Technologies, Inc.

Lexon Technologies is an environmentally "Green" company, a manufacturer of recycled toner for laser printers, fax and multifunction copiers. The Company primarily services large retailers and distributors but also has a growing internet division. Lexon has over 350 product lines with product prices generally 30-60% less than original (OEM) toner cartridges. With a product defect percentage of less than 1%, Lexon also offers a 100% guarantee on all of its products.

The company, based in La Mirada, California,(www.ptoner.com), has a 35,000 square foot factory on the premises, 86 employees, the capacity to manufacture 50,000 cartridges per month and recycles 350 different models of toner cartridges.

    Contact:   Martin Lupian
    Tel:       714 522 0260
    Email:     martin@ptoner.com

SOURCE Lexon Technologies, Inc.

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http://www.ptoner.com