Medical D-Tect-OR, LLC, EnXnet,
Inc.'s New Joint Venture with BAHF, Files Patent Application For
Revolutionary Medical Technology
Tulsa, Okla—(BUSINESS WIRE)—April
12, 2006 EnXnet, Inc. (OTCBB:EXNT; German WKN#
AOHMDW))— is pleased to announce that a Patent application has been
filed with the United States Patent Office by Medical D-Tect-OR,
LLC.
Medical D-Tect-OR, LLC is the
joint venture company formed under the agreement between EnXnet
and BAHF, LLC (press release of 2/27/06). EnXnet
maintains a 25% equity position in Medical D-Tect-OR,
LLC. For several business and technical reasons, the exact application and
impact of this groundbreaking technology is not being fully disclosed at this
time.
However, in the coming weeks more detailed information will
be forthcoming providing the investment community and the public a clear
understanding of how the combined utilization of the technologies covered by this
patent application has real potential to impact patient mortality rates.
Patient safety will be greatly improved during certain medical procedures
thereby solving a major problem that currently exists in the medical industry.
The revolutionary improvements in patient safety afforded by the widespread
application of these technologies will result in the potential savings of
thousands of lives annually with likely savings in the billions of dollars to
the medical industry.
EnXnet's CEO, Ryan Corley, stated, "We
are really excited to have completed this step in the preparation of bringing
this industry-changing technology to market. We are working diligently with the
management of BAHF, LLC on this new business venture. It is really great to be
associated with something that will potentially have such a positive impact to
so many people."
.
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
Integrated Capital Partners, Inc.
Investor
Relations, 908-204-0004