EnXnet, Inc. CEO Buys EXNT Shares, Adds
New Board of Director Member and Extends Consulting Relationship With Molecular
Physicist
TULSA, Okla--EnXnet, Inc. (OTCBB: EXNT -
News; German Symbol: E8U; German WKN#A0HMDW)-- announces that CEO Ryan Corley
exercised options to purchase 100,000 shares of restricted EXNT shares at
$0.50. Additionally, EnXnet added Richard W. Martel,
Jr. to the Board of Directors and extended the consulting relationship with Mr.
Robert O. Myers until February 28, 2007. EnXnet, Inc.
originally engaged Mr. Myers as a consultant on September 1, 2005 and had
previously extended his contract in March of 2006.
It is a
commitment of EXNT to only engage the utmost professional and highly skilled
personnel throughout the world. Mr. Myers is the owner of ROM, a physics, electromagnetics and geophysics consulting business. He has
over thirty years experience as Senior Operations Analyst for SABRE, Inc.,
Systems Engineer for DAC Services, Thrifty Car, Geoscan,
Inc, and Borexco, Inc. He has "hands on"
experience developing digital and analog prototypes and is a member of IEEE and
AAAS.
Mr. Martel
brings a wealth of professional experience to the EnXnet
Board of Directors including, but not limited to, being the President and
Co-founder of GemDepot, Inc. (an e-commerce company)
and President and Co-founder of Detekt Corporation (a
non-destructive infrared services company). Additionally, Mr. Martel has an MBA
in Telecommunications Management with over 20 years experience in business
management.
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
investor@enxnet.com
www.enxnet.com
or
For
Investor Relations:
Integrated Capital Partners, Inc.
Phone:
908-204-0004