EnXnet Announces Mold for Multimedia Gift Card™ Has Been
Shipped to US
Tulsa, OK,
April 2, 2007, EnXnet, Inc., (OTCBB Symbol: EXNT
German Symbol E8U; German WKN# A0HMDW) announced today that German based Singulus Technologies AG, a publicly traded company (German
WKN: 723890 German Stock symbol: SNG), received the long-awaited specialty mold
which will be used to produce the Multimedia Gift Card™ for EnXnet’s
customers.
Singulus
utilized the mold to create thousands of raw samples of the Multimedia Gift
Card™. The gift card samples will be used to run through the manufacturing line
to enhance the manufacturing line process. Prior to final development of the
manufacturing refinements, the production of the Multimedia Gift Card™ requires several
separate and independent processes to produce a complete product. However, with
the mold, Duplium will be able to produce the
Multimedia Gift Card™ for final testing of the product prior to release to the
market.
The mold is
currently being shipped to Duplium Corporation, EnXnet’s
“The mold is
a major step in a process that has been in the works for over a year. Once Duplium receives the mold, they will set up and prepare
their manufacturing lines for testing and evaluation,” said Ryan Corley, EnXnet’s CEO. “This critical step in the development of our
ThinDisc™ technology for use with the Multimedia Gift
Card™ brings EnXnet into the next stage of
commercializing one of our marquee technologies.”
Singulus
is a global manufacturer of CD and DVD replication systems that offer a
comprehensive line of optical disc manufacturing processes. The company has the
entire value-added chain of supply at its disposal and is world market leader
in the critical areas of mastering and DVD replication.
Singulus
considers itself well equipped for the future due to its technological core
competence and the opportunities presented by the emerging HD DVD and Blu-ray third generation optical discs. The expansion into
new business sectors will provide the organization with still further momentum.
Singulus Technologies’ mid-term focus remains
targeted on growth and solid earnings.
Please visit www.singulus.com
from more information on Singulus Technologies AG.
EnXnet has
developed an impressive portfolio of proprietary products and technologies that
address multi-billion dollar expanding markets. EnXnet’s
products provide unique, practical solutions in the established categories of;
blank media (CD/DVD), stored value gift cards, and a revolutionary Medical
device. More information can also be
obtained on EXNT by visiting http://www.stockreportcard.com.
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