Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Are you sure?
This POS, symbol also changes to STIV...
Yep: I e-mailed Mr. Sutton to
say my goodbye
Frontier Seeks to Win Significant Opportunities in Oil and Gas Located in the Caribbean Sector
HOUSTON, Oct. 19, 2004 (PRIMEZONE) -- Frontier Oil and Gas (Pink Sheets:FOGL) announced today that it began negotiations for exploration of oil and gas located in the Caribbean. Frontier is currently negotiating with a Caribbean joint venture partner in order to provide its services as an Oil and Gas Member Group of Exus Global Inc. (OTCBB:EXGO).
Frontier believes that through its agreements with Geoscanex -- Nevada Holding Group (Pink Sheets:NVHG), and Exus Global Inc., Frontier Oil and Gas may be able to win significant opportunities and confirm the commercial viability of oil located in the Caribbean.
"We are very excited that Frontier Oil and Gas may be able to demonstrate GeoScanex's technology and processes," stated Mr. Mancini of Frontier Oil and Gas.
About Frontier Oil and Gas LTD -- www.FrontierOilandGas.com
Frontier Oil and Gas LTD intends to become a worldwide company specializing in the extraction and production of oil and gas in partnership with Fowler Oil & Gas through both owned and leased properties within the Cook Inlet oil basin of Alaska. Fowler Oil & Gas is looking to develop both oil and natural gas reserves located in the Cook Inlet oil basin in Alaska. Current Gas Reserve is a fully documented reserve with an estimated 1.9 trillion cubic feet in the Cook Inlet Basin. Current gas reserves for the Cook Inlet Basin are a fully documented reserve estimated by the State of Alaska for the Cook Inlet Basin Region. Cook Inlet basin, located in south-central Alaska where the Fowler property is located, is approximately 250 miles from north to south and 70 miles wide. The basin contains coal deposits within the Tertiary Tyonek Formation across its entire extent and within the Chickaloon Formation at its northeast corner. These coals are part of an extensive continental depositional system in the Tertiary that exceeds 26,000 feet in thickness at the basin center. Tyonek coals beds are abundant and continuous, exceeding 40 feet in thickness.
www.dog.dnr.state.ak.us/oil/programs/shallowgas/coalbed_methane.htm
About Exus Global, Inc. -- www.ExusGlobal.com
Exus Global is a publicly traded Business Development Company (BDC) located in New York City. The company has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash flow potential. In addition to initial financing, Exus provides its portfolio companies with a variety of services including managerial and administrative assistance, back office support, pre-IPO and public listing planning, public relations and investor relations, marketing and feasibility studies and identification of strategic or financial partners. For more information see http://www.exusglobal.com.
About Nevada Holdings, Inc. -- www.GeoScanex.com
The Institute of Geoinformational Analysis of the Earth. For more information on the institute see their web site http://www.geoscanex.com.
The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
CONTACT: Frontier Oil and Gas Ltd.
M. Mancini
Tel: (281) 854-2374
Email: frontieroil@mail.com
Internet: www.frontieroilandgas.com
Exus Global, Inc. (symbol: EXGO)
Cynthia DeMonte, Investor Relations
Tel: (212) 605-0525
Email: ir@exusglobal.com
Internet: www.Exusglobal.com
Nevada Holding Group, Inc. / GeoScanex
Dr. Ivan Raylyan, Chairman of the Institute of
Geoinformational Analysis; soon to be Chairman of NVHG
Tel: (212) 684-2111, Ext. 204
Internet: www.Geoscanex.com
Frontier Oil and Gas Signs Advisory Agreement with Exus Global Portfolio Company AGI
Frontier to be Member of Business Development Corp (BDC) Oil and Gas Group
HOUSTON, Oct. 18, 2004 (PRIMEZONE) -- Frontier Oil and Gas (Pink Sheets:FOGL) announced today that the company has entered into an agreement with AGI Partners Ltd., an Exus Global, Inc. (OTCBB:EXGO) portfolio company. The agreement calls for AGI to provide advisory services and promote strategic alliances through its Oil and Gas Member Group. Under the Advisory Agreement, AGI is to receive 10 million restricted common shares of FOGL for its services. Frontier intends to appoint a member to EXGO's Oil and Gas Member Group to operate and develop the Oil and Gas Member Group.
"We believe that Frontier may be able to bring additional value to the Exus portfolio companies," stated Ike Sutton, CEO of Exus. M. Mancini of Frontier Oil and Gas commented, "We expect this investment to bear fruit......or preferably, gas and oil in the foreseeable future."
On October 4, 2004, Frontier signed an agreement with Geoscanex -- Nevada Holding Group (Pink Sheets:NVHG), an Exus Global Portfolio Company, to scan the properties owned by Frontier for Oil and Gas. GeoScanex's technology may confirm the commercial viability of any discovered gas and oil reserves.
About Frontier Oil and Gas LTD -- www.FrontierOilandGas.com
Frontier Oil and Gas LTD intends to become a worldwide company, specializing in the extraction and production of oil and gas in partnership with Fowler Oil & Gas, through both owned and leased properties within the Cook Inlet oil basin of Alaska. Fowler Oil & Gas is looking to develop both oil and natural gas reserves located in the Cook Inlet oil basin in Alaska. Current Gas Reserve is a fully documented reserve with an estimated 1.9 trillion cubic feet in the Cook Inlet Basin. Current gas reserves for the Cook Inlet Basin are a fully documented reserve estimated by the State of Alaska for the Cook Inlet Basin Region. Cook Inlet basin, located in south-central Alaska where the Fowler property is located, is approximately 250 miles from north to south and 70 miles wide. The basin contains coal deposits within the Tertiary Tyonek Formation across its entire extent and within the Chickaloon Formation at its northeast corner. These coals are part of an extensive continental depositional system in the Tertiary that exceeds 26,000 feet in thickness at the basin center. Tyonek coals beds are abundant and continuous, exceeding 40 feet in thickness.
www.dog.dnr.state.ak.us/oil/programs/shallowgas/coalbed_methane.htm
About Exus Global, Inc. -- www.Exusglobal.com
Exus Global is a publicly traded EXGO Business Development Company (BDC) located in New York City. The company has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash flow potential. In addition to initial financing, Exus provides its portfolio companies with a variety of services including managerial and administrative assistance, back office support, pre-IPO and public listing planning, public relations and investor relations, marketing and feasibility studies and identification of strategic or financial partners. For more information see http://www.Exusglobal.com.
About Nevada Holdings, Inc. (http://www.GeoScanex.com) The Institute of Geoinformational Analysis of the Earth. For more information on the institute see their web site http://www.geoscanex.com.
The preceding includes forward-looking statements, which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
CONTACT: Frontier Oil and Gas Ltd.
Attn: M. Mancini
Tel: (281) 854-2374
Email: frontieroil@mail.com
Internet: www.frontieroilandgas.com
Exus Global, Inc. (symbol: EXGO)
Attn: Cynthia DeMonte, Investor Relations
Tel: (212) 605-0525
Email: ir@exusglobal.com
Internet: www.Exusglobal.com
Nevada Holding Group, Inc. / GeoScanex
Dr. Ivan Raylyan, Chairman of the Institute of
Geoinformational Analysis; soon to be Chairman of NVHG
Tel: (212) 684-2111, Ext. 204
Internet: www.Geoscanex.com
Food Safe International in Negotiations with Exus Global for New Eastern European Business Development Corporation
Negotiations Calls for Growth through Revenue Sharing on Proposed Acquisitions and Services
TORONTO, Oct. 1, 2004 (PRIMEZONE) -- Food Safe International, Inc. (Pink Sheets:FSIJ) announced today that it has completed its first week of negotiations with Exus Global, Inc. (OCTBB:EXGO). Food Safe believes that EXGO may enhance FSIJ's strategy of increasing growth by broadening its product offerings and expanding to new markets in Eastern Europe. EXGO may provide Food Safe's emerging Eastern European client companies that are seeking to establish US subsidiaries with a variety of services including investment, managerial and administrative assistance, back office support, pre-IPO and public listing planning, public relations and investor relations, marketing, feasibility studies and identification of strategic or financial partners.
EXGO has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash flow potential.
"Food Safe and Apollo see this possible alliance with EXGO as a natural fit with FSIJ - Apollo marketing and sales strategy to become a global presence. We believe that this move could significantly contribute to Food Safety - Apollo and Exus's growth," commented Jason Wong, CEO of Food Safe, Inc. "We look forward to reporting on future developments that will help Food Safe, Inc. reach its goals of growing revenues, earnings and increased shareholder value."
About Exus Global, Inc. -- www.Exusglobal.com
Exus Global is a publicly traded EXGO Business Development Company (BDC) located in New York City. The company has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash flow potential. In addition to initial financing, Exus provides its portfolio companies with a variety of services including managerial and administrative assistance, back office support, pre-IPO and public listing planning, public relations and investor relations, marketing and feasibility studies and identification of strategic or financial partners. For more information see http://www.Exusglobal.com.
Safe Harbor Statement:
The foregoing, as well as other statements made by Food Safe International, Inc. may contain forward-looking statements regarding The Company. The words and phrases "expect," "estimate," "anticipate," "should," and similar expressions identify forward-looking statements. Such statements reflect, when made, the Company's current views, beliefs and expectations with respect to current events and financial performance, and are and will be, as the case may be, subject to significant risks, uncertainties and factors relating to the Company's operations and business environment which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following: the ability of the Company to operate pursuant to the terms of its financing arrangements; the Company's ability to obtain additional financing; the Company's ability to maintain contracts that are critical to its operations; potential adverse developments with respect to the Company's liquidity or results of operations; the ability to fund and execute its business plan; the ability to attract, retain and compensate key executives and associates; and the ability of the Company to attract and retain customers, as well as those discussed or identified from time to time in any of the Company's filings. Food Safe International, Inc. assumes no obligation to update or revise any forward-looking statements, set forth in these news releases, which speaks as of the date specified.
CONTACT:
Food Safe International, Inc. (Pink Sheets:FSIJ)
Attn: Jason Wong, CEO
Tel: (416) 417-4779
Email: info@foodsafeint.com
Internet: www.foodsafeint.com
Apollo Scientific Group
Eugene Zabolotsky
Exus Global, Inc. (OCTBB:EXGO)
Attn: Cynthia DeMonte, Investor Relations
Tel: (212) 605-0525
Email: ir@exusglobal.com
Internet: www.Exusglobal.com
News for 'EXGO' - (Exus Global Announces Portfolio Company, Nevada Holding, Enters into Licensing Agreement to Market Remote Earth Scanning to Natural Resource Companies; NVHG Yields over a 100% return to Exus in 5 Months)
NEW YORK, Sep 27, 2004 (BUSINESS WIRE) -- Nevada Holding Group, Inc
(OTCBB:NVHG), an Exus Global, Inc. (OTCBB:EXGO) portfolio Company, announced
today that the company has entered into an exclusive licensing agreement with
the Institute of Geoinformational Analysis of the Earth to market exclusively
their proprietary Remote Earth Sensing (RES) technology in North and South
America. The technology enables companies to locate underground mineral deposits
by processing space images of the land surface with proprietary software and
special algorithms.
NVHG soon to be called GeoScanex will market this RES technology to oil, gas,
mining, and oceanographic customers throughout North and South America. An
average job which will include a full scan of a small to medium size field with
all the analysis will cost $500,000-$800,000. Several companies have already
expressed interest and for 2005 - 10 jobs are anticipated.
Dr. Ivan Raylyan - Chairman of Institute of Geoinformational Analysis of the
Earth and soon to be Chairman of NVHG stated, "Our expansion to North and South
American Markets through our agreement with NVHG marks our technologies strength
and enable us to service the high demand of inquiries we receive on a daily
basis. We are looking forward in working with the US based management team as we
here in Switzerland and Russia are prepared to cooperate with them to develop
the market."
Ike Sutton, CEO of Exus Global, Inc. commented, "NVHG's License with
Geoinformational provides an increased value for the 3,000,000 shares of NVHG
which we own. Recent market activity of NVHG closed at .30 per share. We are
looking forward to continued returns in our investment as the business
progresses."
About the Institute of Geoinformational Analysis of the Earth
Over the past several years, the Institute has used the RES technology in a
number of practical projects according to its customers' requests. The projects
were implemented in various regions of the world, such as Africa, the Middle
East, the Far East, North America and Russia, and made it possible to predict
and localize commercially viable deposits of hydrocarbons, gold and diamonds.
The approximate total volumes of the petroleum deposits alone (in localized
traps) amounted to some 70 million tons (including some 40 million tons in
Sakhalin and 20 to 25 million tons in the Penza area). Gas-related projects
included the localization of drilling sites for Burgaz Company (a subsidiary of
Gazprom). In gold mining, joint ventures have been set up and have started
operating in South Korea. On the whole, the economic effect of adopting the
technology varied between 10 million and 15 million tons practically in every
project. For more information on the institute see their web site
www.geoscanex.com .
About Exus Global, Inc.
Exus Global is a publicly traded (OTCBB:EXGO) Business Development Company (BDC)
located in New York City. The company has initiated a strategy to create value
for shareholders by investing in emerging companies that are positioned for
strong industry growth or that have business models with strong cash flow
potential. In addition to initial financing, Exus provides its portfolio
companies with a variety of services including managerial and administrative
assistance, back office support, pre-IPO and public listing planning, public
relations and investor relations, marketing and feasibility studies and
identification of strategic or financial partners. For more information see
http://www.Exusglobal.com.
The preceding includes forward-looking statements which involve known and
unknown risks and uncertainties which may cause the Company's actual results in
future periods to differ materially from forecasted results. Forward-looking
statements above are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Actual results may differ materially
due to a variety of factors, including, without limitation, competition,
intellectual property rights, litigation, needs of liquidity, and other risks
detailed from time to time in the company's reports filed with the SEC.
SOURCE: Exus Global, Inc.
CONTACT: Exus Global, Inc., New York
Cynthia DeMonte, 212/605-0525
ir@exusglobal.com
Conference call from June 04...
from June. www.exusglobal.com I'm in this one "long"....
EXUS Global Conference Call
June 18, 2004
11:00 AM
Andrew Beyer
Hello, my name is Andrew Beyer, Investor Relations for EXUS Global, which is traded on the Over-the-Counter Bulletin Board Exchange under the symbol EXGO. I’d first like to welcome everyone to the EXUS Global Conference Call.
I would like to introduce Ike Sutton, CEO of EXUS Global, to discuss the company’s current structure, its business strategies, activities of its current portfolio companies, and plans for additional potential acquisitions to the company’s investment portfolio. Mr. Sutton.
Ike Sutton, CEO
Thank you, Andrew, appreciate the introduction. I wanted to take this first opportunity to thank all of the shareholders for their continued support in EXUS. We’ve gone through a couple of turbulent years, and I think now we’re on the right track, and we’re pretty much hoping that we continue to receive continued shareholder support and wanted to take, again, this opportunity to just bring to light what EXUS is going through at the moment and what milestones they’ve achieved and what we’re looking to do in the future.
As everybody knows, EXUS is bulletin board company. We’re traded on the bulletin board market; our symbol is EXGO. We have corporate offices in New York, and we have about 1,000 shareholders. We’re a fully reporting company, which enabled us to file for BDC, business development status. We have recently updated our website, which is www.exusglobal.com and on the new website, we have pretty much listed our strategy, our portfolio companies, all our email and contact information. And basically, I hope that shareholders will be in contact with us through the website, and we’ll keep it updated to continually update our shareholders with all news and information about EXUS.
One of the recent events in EXUS was that we applied to be a BDC, a business development corporation, in March of 2004. This has been a new status and a new direction for EXUS, and I wanted to talk a little bit about being a BDC and what this means for EXUS and what this means for shareholder value. BDC, business development companies, was pretty much set by the SEC in the 1940 Investment Act. Basically, it provides public companies to provide private equity funding for small public companies and private companies that typically do not have the funding which enables the company to grow. By providing a BDC environment, the government has provided an environment which is regulated, which pools investments from different shareholders so that, basically, the company can make its investment. Our goal is to invest in certain companies that have great management, have tremendous potential, but have lack in the financing or lack in the ability to go to a bank and get their initial financing to move the company forward. We have identified several companies and, basically, we are working with management of these companies to create a business strategy, business plan. We’re looking to help them define their objectives and, in certain instances, we help them in their marketing of their product.
By being a BDC, it has its pros and its cons, and most public companies can elect in being a BDC, provided they comply with certain regulations. One of the few characteristics of a BDC is that EXUS is able to raise $5 million annually through the issuance of stock that has been approved by the SEC and is exempt from registration. So this would provide us the capital that we need in order to invest in or loan small businesses in their development.
EXUS, as a BDC, is not considered a penny stock. We are basically an investment company, and we’re exempt from all penny stock regulations that are pretty much put on small penny stock companies. So in essence, EXUS is an investment, a closed-end investment fund. We’re investing in companies that we see have tremendous potential. We raise funds through the issuance of registered shares that are exempt from registration. And our objective is to provide our shareholders with quarterly dividends in the form of stock payments. We have not issued cash stock dividends in the past, but we recently have issued a stock dividend to EXUS shareholders of our portfolio company called E-Education Network, and I’ll discuss more about E‑Education Network in a few minutes. But our game plan is that quarterly, we will be issuing stock dividends to our shareholders of these companies that will have tremendous potential in our view. Most of our shareholders are registered shareholders, which means they will actually receive a certificate in the mail from EXUS. In the case that the shareholders are trading and their stock is being held in street name, these dividends will be received by their brokers and, in turn, given to them on their brokerage accounts. So if there are registered shareholders, they will be getting the actual certificates in the mail.
Again, our portfolio companies are really what is the key to EXUS and, obviously, we’re looking to create a high value for EXUS shareholders. And we have two or three portfolio companies that have already been invested in, and there are several more to come. The first company that we have invested in is E-Education Network. They are an online e-learning company with a concept where they provide a prepaid smart education card to the users. These prepaid smart education cards enable the user to go to E‑Education’s website, register and to search for courses that are of interest to them, and each card has a value of 10 credits available to it. And the user now can select courses from English to computers to IT training to different courses that are of interest to them. They could select a course and now they have the ability to access and to review these courses over the period of the year.
One of the key marketing concepts of E-Education Network is that we’re marketing to people in underprivileged areas which cannot afford typically for education. And E-Education Network’s concept is that they’re going to be marketing to foundations, multinationals or different companies around the world that will support education for people in need. And E-Education has received a good response from that, and they are right now still in the development stage of their website. They’re coordinating with different content providers. E-Education does not develop the content by themselves but, in fact, partners with different content providers and has a revenue sharing model with the content users. So in effect, we feel that E-Education Network, as a portfolio company, will bring a great return to our shareholders, and we’re looking forward for their future development.
Another company that we are working very closely with is Maxplanet. Maxplanet at this time is a pink sheet company; the symbol is MXNT. EXUS has received a number of shares for its consulting work. In fact, we own 24 million shares of MXNT, and we are assisting MXNT to be a fully reporting company. They are behind in some of their reports, and we are working with the accountants and with Maxplanet’s lawyers to bring them up to date and current in their filings. In addition, Maxplanet basically was a portal with a tremendous following during the dotcom era. We have now worked out and found a company that has fit their progression and is really the new generation in portals. And the company is a company called Wireless, Inc., and we have right now pretty much worked out an agreement with them where they will be acquired by Maxplanet. We’re in the process of the documentation. We’re in the process of restructuring the authorization of the capital stock of Maxplanet, and we hope that this transaction will be concluded within the next three to four weeks.
Wireless, Inc. is a company that’s kind of unique and kind of novel. They have a software platform which mobilizes the masses through wireless technology, which means they enable people to go on to their website and create websites for themselves that can be seen on wireless phones. Since there’s 1.2 billion cell phones in the United States or PDAs or wireless devices and it’s growing every day, the natural mode of communication in media dissemination is definitely through the use of these devices. And Wireless, Inc. has created a platform to enable the use of these platforms.
Currently, through a test pilot that Wireless, Inc. started about three or four months ago, they currently have over 4,000 websites on their platform with about I believe they exceeded 10 million sites per view or pages per view last month, which is more than they ever thought they would achieve in such a short period of time. And at this moment, we are assisting them to create a program so that they would be licensing out their platform to carriers such as AT&T, Verizon, T-Mobile, where the carriers can then create their own mobile communities and generate traffic on their networks. In addition, there are a lot of enterprise companies that will be interested in mobilizing their communities, and this is one of the objectives of Wireless, Inc. Again, we feel that, here at EXUS, that this is a company that has tremendous growth. We’re investing with them. We’re getting in on the ground floor, and we wish them a lot of luck and support.
In addition to that, another portfolio company that we have is AGI Partners, Ltd., which is basically our consulting group. And under this group, we do provide services to other companies, and some of the things that we have on contract right now is that we have a joint venture going with a stone and marble supplier that refurbishes buildings. And that company there looks like they have about $4-5 million worth of contracts which, again, we are assisting them with some of the back office work and some of their immediate small cash needs. And we’re looking forward to helping that company grow and maybe even bring them into the public markets in the near future.
As I mentioned, we are assisting Wireless, Inc. with their marketing efforts, and we are assisting them in bringing them in front of carriers and other companies in order to pretty much secure a license agreement for their platform. And we are in the process of working with them and hope within the next two to three weeks, we could get our first test pilot going on that end.
Another company that AGI is working with is a Linux software developer that has developed a PC-friendly Linux desktop version and, again, Linux has been in the limelight in the last I guess couple of years, but at this point, I think it’s getting to be a more desirable software package, especially with all the different security problems that are coming up lately. And again, AGI is assisting Linux in a couple of areas of product development. One of the areas is helping them market their product on a worldwide basis. We might be assisting them on some of their public matters, maybe in terms of assisting them to do a public issuance.
Another company that we’re working with, just to name a couple, is Nevada Holding Group. They area pink sheet public company, and we are assisting them in securing a business. Right now, they’re a shell, and we do have a couple of candidates that we’re working with and, hopefully, if we could put something together in addition to the three million shares that we already have, we probably will earn another fee for additional shares of the company.
It is EXUS’ goal, again, as I just tried to give you a little brief outline, is to build shareholder value, build shareholder support for EXUS and for the companies that we invest in. These companies, we’re investing in a pretty early stage of these companies. We’re assisting them in their business strategy, their marketing plan and, in some cases, actually doing or contacting a lot of the contacts we have overseas in order to expand their marketing efforts. These companies are not just companies that have good visions, but we feel have great management, and the management is really the key to get these companies off the ground.
EXUS is a company that we have pretty much a small staff of dedicated people that have gone through some hard times with the company, and we’re still there committed to make EXUS grow. In addition to our small staff, we do have a number of consultants that we work with pretty much on a daily basis. Historically, these consultants have put full effort into EXUS, where EXUS didn’t have the financial capacity to pay them on an annualized basis. But these consultants have really put in I would say full-time-plus effort to make EXUS grow and develop to where it’s at today. So in addition to thanking the shareholders, I wanted to also thank a lot of the people that have strived to see the vision of EXUS and got it to this point.
Good deal. Thanks, RK!!!
No, I have a few shares.ahahaha
Well, so much for holding above .01. lolololol...
It'll come back...they always do.
I LIKE that we're holding ABOVE the .01 mark
Anyone want to be an assist, let me know.....
You only need to be a premium member(able to PM) know a little sumpin'sumpin' 'bout EXGO and be "in" lololol.
I talked to Ike Sutton CEO yesterday. Good things happening there.
Used to be EXUS. A company dedicated to educating third world countries by satalite. That's still in the works, but they have revamped and become a holding company to finance that as well as build shareholder value.
Mr. Sutton seems to be one that's sharholder friendly. Time will tell.
Today's NEWS!!!
Exus Global Announces Strategic Partnership with Xandros
Targeting $2.5 Billion Education Market --
NEW YORK, Sept. 8 /PRNewswire-FirstCall/ -- Exus Global, Inc. (OTC Bulletin Board: EXGO), a publicly traded closed end mutual fund and Business Development Company with diversified holdings, today announced that the Company has entered into a strategic alliance with Xandros (http://www.Xandros.com). Xandros, a leading supplier of a Proprietary Linux Desktop Solutions, will utilize Exus' portfolio companies to distribute the Linux as a viable and cost-effective alternative operating system in the education market, which now is estimated at $2.5 billion.
"Xandros' Linux Software operating system and products will provide a unique and cost-effective alternative to 'cash-strapped,' budget-limited education centers worldwide. The Linux-based operating system is truly a viable alternative to the manufacturer-installed operating system on computers today. The ability to market Xandros and penetrate a portion of this explosive market will create new opportunities for the Exus portfolio companies including: E Education Network, Inc., an online education content provider, and GoIP Global, Inc., a satellite content provider.
"The synergistic value is incomparable with Xandros and the Exus portfolio companies. We expect this investment to bear fruit in the foreseeable future," stated Ike Sutton, CEO of Exus.
Dr. Berenstein, Xandros Chairman and CTO stated, "We believe that Linux will play an enormous role in the educational market, as it offers schools and universities a cost-effective, stable and secure computing environment for their students. Software applications being developed for the educational market are amazingly useful, incredibly compact and fast. And with twenty-five countries voting to wire their school systems to the Internet with Linux, there will soon be hundreds of millions of students surfing the net with Linux on their desktops."
"The Xandros Desktop OS provides students and teachers with a familiar set of tools that integrate seamlessly with existing Windows environments and wireless networks."
About Xandros
Founded in 2001 with headquarters in New York and research and development facilities in Ottawa, Xandros, Inc. is the leading developer of easy-to-use Linux solutions targeting home and enterprise markets. Xandros pioneered a low-cost alternative operating system that provides seamless compatibility with Microsoft Windows programs and networks. For more information please visit http://www.xandros.com
About Exus Global, Inc.
Exus Global is a publicly traded (OTC Bulletin Board: EXGO - News) Business Development Company (BDC) located in New York City. The company has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash how potential. In addition to initial financing, Exus provides its portfolio companies with a variety of services including managerial and administrative assistance, back office support pre-IPO and public listing planning, public relations and investor relations, marketing and feasibility studies and identification of strategic or financial partners. For more information see http://www.Exusglobal.com.
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward- looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC.
Contact:
Exus Global, Inc., New York
Cynthia DeMonte 212-605-0525
ir@exusglobal.com
SOURCE Exus Global, Inc.
-0- 09/08/2004
/CONTACT: Cynthia DeMonte of Exus Global, Inc., New York, +1-212-605-
0525, ir@exusglobal.com/
/Web site: http://www.Exusglobal.com" target="_blank">http://www.xandros.comhttp://www.Exusglobal.com /
(EXGO)
CO: Exus Global, Inc.; Xandros
ST: New York
IN: FIN CPR STW
SU: JVN
EO-NJ
-- NEW028 --
7682 09/08/200411:27 EDThttp://www.prnewswire.com
LOOK where this "Product" can be found!!! This is big, imo!!!
http://www.xandros.com/partners/channelpartners.html
Followers
|
0
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
18
|
Created
|
09/08/04
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |