EnXnet’s CEO/President Makes Several Purchases Of EXNT Shares In The Open Market
This is the
first time that EXNT’s CEO, Ryan Corley, has
purchased shares in the open market.
However, Mr. Corley has shown his faith in the future of the company
before by investing his money directly into the Company in the form of personal
loans to fund the growth and development of EnXnet.
The Company is extremely pleased that the CEO has this much confidence in the
future prospects of the Company by purchasing shares in the open market.
“I believe
great value exists in our Company and it appears that we will now be able to
monetize some of the hard work that has been put in since we began the Company
in 1999,” said Mr. Corley. “I can think of no better investment for me right now
than to invest in my own Company.”
In the past
year, EnXnet, Inc. entered into several
manufacturing, marketing and distribution agreements and has positioned itself
well to deliver the OneDisc™/DVDPlusã product to
market. The company has made great strides
with the multimedia gift card, as well.
Mr. Corley cited these potentials as reasons he began his open market
purchases.
This release may include forward-looking statements from the company
that may or may not materialize.
Additional information on factors that could potentially affect the
company’s financial results may be found in the company’s filings with the
Securities and Exchange Commission.
Contact:
EnXnet, Inc.,
Ryan
Corley, 918-592-0015
Fax: 918-592-0016
or
For
Investor Relations:
Integrated Capital Partners, Inc.
Phone: 908-204-0004