EnXnet, Inc. Receives New Molds In Preparation
For Large Scale Production And Distribution Of Stored Value Cards
TULSA, Okla.--(BUSINESS
WIRE)--Feb. 9, 2006--EnXnet, Inc. (OTCBB: EXNT);
German WKN# AOHMDW) announces that it has received the new proprietary molds
and specialty tooling for the production of stored value cards such as One28
Marketing Group's MoxyCard(TM) and Interactive
Affinities' SurfCard(TM) utilizing EXNT's ThinDisc© technology.
These new molds signal a major advance in preparing for the large-scale
production and distribution of the stored value cards.
Until
now, EnXnet's manufacturing partners made a full size
ThinDisc© CD/DVD and custom cut it down to the
specifications for a stored value card. This was used for suppliers, marketers,
distributors and retailers to beta test. The response by these different marketing
and distribution groups has been overwhelmingly positive in the relatively
short period of testing.
EnXnet's manufacturing
partners felt it necessary to have the new molds and tooling for the stored
value card's that will be distributed by EXNT's marketing
partners. This now enables the Company to increase operational efficiencies and
streamline the production process. These new molds will also enable the Company
and its manufacturing partners to meet the expected increases in demand.
"We
felt it necessary to move ahead of schedule and implement these new molds to
ensure that we are fully prepared to supply our marketing partners all of the product they require. This is a direct result of
the tremendous response that our marketing partners have received from the
diverse market distributors presented with the opportunity to utilize the
world's first Multimedia Gift Card(TM)," comments Ryan Corley, CEO of EnXnet, Inc.
About EnXnet, Inc.
EnXnet, Inc. has concentrated on
identifying and developing new technologies with significant potential for
making positive impacts in the multimedia environment. The Company is currently
launching the commercialization of its advanced product line. EnXnet's distinctive product portfolio consists of new
methods of deterring theft, improving listening and viewing experiences, and
presenting information in useful interactive formats. These technologies and
related products, while at the leading edge in their respective applications,
provide affordable and useful solutions.
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
Investor
Relations:
Blue-Sky
Solutions, LLC
Stephanie
Soleas, 877-4-BLUE-IR
exnt@blueskyir.com