EXNT News EnXnet, Inc. CEO Buys EXNT Shares, Adds New Board of Director Member and Extends Consulting Relationship With Molecular Physicist
TULSA, Okla--(BUSINESS WIRE)--EnXnet, Inc. (OTCBB: EXNT) (German Symbol: E8U; German WKN#A0HMDW)—
announces that CEO Ryan Corley exercised options to purchase 100,000
shares of restricted EXNT shares at $0.50. Additionally, EnXnet added
Richard W. Martel, Jr. to the Board of Directors and extended the
consulting relationship with Mr. Robert O. Myers until February 28,
2007. EnXnet, Inc. originally engaged Mr. Myers as a consultant on
September 1, 2005 and had previously extended his contract in March of
2006.
It is a commitment of EXNT to only engage the utmost professional and
highly skilled personnel throughout the world. Mr. Myers is the owner of
ROM, a physics, electromagnetics and geophysics consulting business. He
has over thirty years experience as Senior Operations Analyst for SABRE,
Inc., Systems Engineer for DAC Services, Thrifty Car, Geoscan, Inc, and
Borexco, Inc. He has “hands on”
experience developing digital and analog prototypes and is a member of
IEEE and AAAS.
Mr. Martel brings a wealth of professional experience to the EnXnet
Board of Directors including, but not limited to, being the President
and Co-founder of GemDepot, Inc. (an e-commerce company) and President
and Co-founder of Detekt Corporation (a non-destructive infrared
services company). Additionally, Mr. Martel has an MBA in
Telecommunications Management with over 20 years experience in business
management.
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.
