EnXnet, Inc. Announces a Joint
Venture with BAHF, LLC for Application in the Medical Industry to Improve
Patient Safety
Improved
patient safety is the ultimate reason and goal to be achieved through this
joint relationship. Each company will contribute pertinent technologies to the
new company for applications in the medical industry. BAHF, LLC. will be
responsible for funding the new company. EnXnet will retain a 25% equity
interest in this venture.
Mike
Woodruff, President of BAHF, LLC., had this to say: "We are very excited
to be working with EnXnet, Inc. in the development of a medical product that
will contribute directly to improved patient safety and has the potential to
save thousands of lives annually with potential savings in the billions of
dollars to the medical industry."
Ryan Corley,
President of EnXnet, Inc., stated: "We are looking forward to a long and
profitable association with BAHF. The combining of our technologies is expected
to produce exciting and highly useful products. This venture is anticipated to
significantly widen the market scope for some of our technologies."
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:
Blue-Sky Solutions, LLC
Stephanie Soleas, 877-4-BLUE-IR
exnt@blueskyir.com