EnXnet Addresses Worldwide Audience On Webcast and Teleconference
Ryan Corley,
CEO of EnXnet, Detailed the Latest on Multimedia Gift Card™ and Medical
To listen to
the taped webcast and teleconference click here.
The most
significant news that Mr. Corley discussed was regarding the Multimedia Gift
Cardä and the fact that EXNT is now ready to begin delivering
product in time for the 2007 Holiday Season. Mr. Corley described how EXNT’s ThinDiscä
technology makes this new gift card possible and how he believes that this is
the only multimedia solution to the current static gift card market. Mr. Corley went on to detail how the deep
level of interactivity the Multimedia Gift Cardä provides marketers an unprecedented
format to speak one-on-one with their customers.
Mr. Corley
continued with an update on the Medical D-Tect-OR,
LLC obtained foreign object detection system. This system is designed to locate
any operating room disposables or surgical instruments to avoid them being left
inside the human body after an operation. Mr. Corley stated that the product
has been proven in the laboratory already, but more importantly, field units
should be ready for testing by the end of 2007.
Additionally,
Mr. Corley could not discuss specifics, but mentioned that progress was being
made on some of the other digital security devices.
Finally, and
importantly for the investment community, Mr. Corley addressed questions
regarding the company’s capital structure. When asked if there were plans to
raise money through the issuance of additional shares, Mr. Corley stated, “At
this time, we currently have roughly 30 million shares outstanding and I do not
see any significant change in that moving forward.”
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
For Investor Relations:
Integrated
Capital Partners, Inc.
Phone: 908-204-0004