EnXnet Successfully Manufactures Multimedia Gift CardTM
Ready To
Begin Delivery Of Revolutionary Product To The Market
And Gearing Up For 2007
EnXnet is
now ready to begin delivering this revolutionary product to the market place. EnXnet is gearing up for the 2007 Holiday Season which is
expected to be the biggest ever for the sale of gift cards. EnXnet is believed
to have the most exciting alternative to the static, non-interactive, gift
cards currently available to consumers.
Utilizing EnXnet’s ThinDiscTM
technology, gift cards can now be fully interactive. The cards can provide
detailed product information including new features and services, Internet
connectivity, special online promotions, printable coupons and many other
special features.
The U.S.
Gift Card continues to escalate at a rapid pace. According to CNNMoney.com, the
two months of November and December 2005 saw over $18.5 billion spent on gift
cards. CNNmoney.com goes on to state that 2006’s total gift cards sales
exceeded $56 billion. The forecast for 2007 gift card sales is over $90
billion, with 2008 sales anticipated to be in the range of $150 billion. The
Multimedia Gift CardTM is the only option
to provide marketers and consumers a fully interactive solution in this format.
“This is an
important moment for EnXnet”, said Ryan Corley, CEO
of EnXnet. “We
should have a profound effect on the way gift cards are viewed and utilized in
the market. I anticipate that we will be
ready to participate this coming holiday season.”
Mr. Corley
will be addressing shareholders during a webcast and
subsequent teleconference on Tuesday, June 26th, at Noon Eastern
Time, logon here for
the webcast.
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.
###
EnXnet Inc.,
Ryan Corley,
918-592-0015
Fax: 918-592-0016
investor@enxnet.com
www.enxnet.com
or
For Investor
Relations:
Integrated Capital
Partners, Inc
Phone: 908-204-0004