EnXnet Addresses Worldwide Audience On Webcast and Teleconference

 

Ryan Corley, CEO of EnXnet, Detailed the Latest on Multimedia Gift Card™ and Medical Opportunity

 

Tulsa, OK, June 28, 2007, EnXnet, Inc, (OTCBB Symbol: EXNT) (German Symbol E8U; German WKN# A0HMDW) CEO, Ryan Corley, hosted a worldwide webcast and teleconference on June 26, 2007 to review the progress that has been made with the company over the past months. The discussion focused mainly on both the Multimedia Gift Cardä and their obtained foreign object detection system for use in medical operating rooms.

 

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., Tulsa

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