EnXnet, Inc. Is Issued Design Patent and Prepares Public Rollout of Gift Card

 

TULSA, Okla.--(BUSINESS WIRE)--EnXnet, Inc., (OTCBB: EXNT - News) (German WKN# A0HMDW) is pleased to announce that they were issued a design patent for the design of an antenna for a storage disc. This design relates to EnXnets optical storage device source tagging technology, which is more commonly known by EnXnet as their DSTAG.

 

This technology is to be mainly used for theft prevention of products such as a CD, DVD, Blue Ray and the like. An electronic article surveillance system placed within the hub ring area of the disc would prevent the removal of these products from their packaging. This further expands the viable product offerings of EXNT.

 

Additionally, EnXnet and their partners are about to begin the public product release of the MultiMedia Gift Card™. In January, there was a targeted rollout of the product to certain retail and purchasing agents. New websites and materials on the product are just being completed. In the coming weeks the final step to the introduction of the gift card to the whole market will be underway with print media and electronic distributions leading the way.

 

Ryan Corley, CEO of EnXnet, Inc., stated, “We are very focused on the release and distribution of the gift card to the market. I am confident that in the coming weeks our shareholders will be very pleased with the position that EnXnet is now in. However, we are not forgetting our other product offerings as they also bring value to EXNT as well.”

 

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.

 

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EnXnet, Inc.

Ryan Corley, 918-592-0015

Fax: 918-592-0016

investor@enxnet.com

www.enxnet.com

 

or

 

Integrated Capital Partners, Inc

Investor Relations, 908-204-0004