Down Stream Manufacturing Equipment Purchased For MultiMedia
Gift Card™ - Will Be Able To Run More Than 5,000,000 Cards Per
Month
Tulsa, OK.,
May 18, 2009 EnXnet, Inc., (OTCBB Symbol: EXNT)
(German WKN# A0HMDW) is pleased to announce that down stream manufacturing
equipment has been purchased and is scheduled to be installed and fully
operational around June 15, 2009. At
full capacity, this equipment is rated to handle around 5,000,000 MultiMedia Gift CardsTM
per month. EXNT’s
partners will now have the ability to accept larger orders.
This will
allow our manufacturing partners to simplify production by combining the down
stream process in one location: such things as printing, mag
stripe, encoding the mag stripe, bar coding, serialization
and scratch offs. This new custom made equipment
will allow us to combine all of these functions into one manufacturing line.
Ryan Corley,
CEO of EnXnet, Inc., stated, “Our partners will now be
able to handle larger orders, reduce manufacturing and delivery time, and
improve production of the product. This
is a huge financial commitment that was just made by our partner.”
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.
For
Investor Relations
Integrated Capital Partners, Inc.
James
Farinella
Ph: 908-204-0004
Website: www.stockreportcard.com
investor@enxnet.com
www.enxnet.com