Search Minerals Inc V.SMY

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[Descendant 144]

To: [e-mail] cc: (bcc: George Hagimanolis/hag0002/CPR) Subject: EXI:CDNX, EXI Wireless Posts Record Revenues & Profit, Adds Key Management To receive further information from this company, visit https://www.stockhouse.com/info/index.asp?notice=367 ********************************************************* EXI Wireless Reports Record Growth in Revenues and Profit, and Adds Impressive Top Management to Expand Operations - - - - - EXI Technologies Inc. Symbol: EXI:CDNX Current Price: $2.90 52 wk range: $4.90/$0.85 Shares Outstanding:8,036,000 https://www.exi.com [e-mail] Ph: [phone] - - - - - One of a select group of undervalued companies featured in the fully independent, The FutureStock Review https://www.keystocks.com (comments below) Quick Profile: EXI Wireless Systems,a wholly owned subsidiary of EXI Technologies Inc., develops, manufactures and markets premium RFID (Radio Frequency Identification) wireless systems. EXI Wireless Systems produces the RoamAlert family of products used to provide secure perimeters in healthcare facilities across North America, and is currently expanding this technology for broader market application. Since 1980, EXI Wireless Systems has developed proprietary wireless protocols and system technologies which deliver industry leading features and reliability to the marketplace. Recent News: May 2, 2000 - EXI Technologies Inc. announces appointment of new Chief Executive Officer and Chief Financial Officer EXI Technologies Inc. (CDNX: EXI) today announced the appointment of Karim Khoja as Chairman and Chief Executive Officer, and Kent Holding as Chief Financial Officer. Khoja takes over as CEO from Malik Talib who will remain President of the company. The current Chairman, Dick Whittall, will remain on the Board as a director. Executive Profiles: Mr. Khoja joins EXI from Polska Telefonia Cyfrowa (PTC) in Poland where he was Director of Strategy, Marketing and Sales, and a Member of the Board of Directors. Mr. Khoja was responsible for launching Era GSM in September 1996 and growing it into a $1 billion revenue company with two million subscribers. Prior to that, he was President and CEO of Mobilink, a nation-wide GSM cellular company in Pakistan in which Motorola has a 66 per cent stake. Mr. Holding joins EXI from MediaOne International where he served as Controller of the Era GSM joint venture in Poland and later Chief Financial Officer of the company's EuroTel Bratislava joint venture in Slovakia. April 19, 2000--EXI Announces Record Revenues and Net Income in 1999 Sales: $5,740,523, $3,026,842 Gross profit: $4,183,051, $1,976,295 Net earnings: $343,870, $99,454 Earnings per common share before amortization of goodwill: $0.07, $0.02 Earnings per common share: $0.04, $0.01 Talib states, "Without these one-off costs, our earnings before amortization of goodwill would have been $0.10 a share which indicates how well we did in three key areas: financial, operations and technology development.'' MalikTalib, President, goes on to say the Company is now well positioned for growth in the coming year. "We are committed to growing EXI into a global leader in the development of technology and applications for a wireless world. Our strategy for achieving this includes the expansion of our technology to new applications that will give us broader market coverage." Comments of Mr. Ryan Irvine, Senior Analyst, from the well respected, The FutureStock Review https://www.keystocks.com "EXI was originally featured in the July 1999 edition and continues to remain one of our top selections within the wireless arena. Impressively, the company continues to produce excellent sales growth while maintaining a bottom line throughout its current expansion, product development, and growth initiatives. With its strong core product line in the health care industry producing solid cash flow EXI has been able to commit extensive research and development funds to explore the opportunity of applying EXI's RFID technology to other applications. Today, we are beginning to see this strategic R&D investment open the door to new and exciting markets including the asset tracking arena. It appears EXI's technology platform has a wide range of applications and we expect to see the new generation of products begin launch in three steps throughout this year and associated sales could begin within the third quarter. Indeed, when we combine the experience and business connections that the addition of Mr. Khoja, CEO, and Mr. Holding, CFO, bring to EXI, with the company's existing profitability and the potential of the new market applications, the stepping stones seem to be in place for EXI to prosper well into the future." To contact EXI Technologies: Contact: Malik Talib, President Phone: Tel: [phone] Email: [e-mail] Website: https://www.exi.com ** Background and Key Features of the well respected FutureStock Review: https://www.keystocks.com Average Returns: 83.01% (1999) Average Returns: 62.15% (1998) 20 of 40 featured companies in 1999 achieved gains in excess of 100%+ *FutureStock Review was recently featured as a Canadian Success Story on the CTV National News. *Profiled on About.com "These guys CANPICK'em" https://investingcanada.about.com/finance/investingcanada/library/weekly/2000 a/aa022400.htm?rnk=r&terms=Futurestock+review Fully Independent: We do not have an affiliation with any institutional investment brokerage or other financial institution. Unbiased Reporting: KeyStone Financial Publishing Corp., publisher of The FutureStock Review, does not receive any remuneration whatsoever for the inclusion of a company within The FutureStock Review. Subscriber Loyalty: Because we are fully independent and unbiased, our sole loyalty is to The Subscribers of FutureStock Review. We are in the business to make you $money$, because if you do not see solid returns, you will not re-subscribe. Subscribe through our Secure Server today at https://www.keystocks.com and save $10 on any one year subscription by entering SH00 rate code Recent Top Selections Symbol Selection High Gain ONE:TSE $0.30 $15.50 5,066% JAN:TSE $1.75 $41.00 2,243% TCS:TSE $5.20 $51.80 896% CYN:TSE $1.30 $9.75 650% NSII:CDN $0.29 $2.85 882% EXI:CDNX $0.79 $4.90 520% ********************************************************* This bulletin is sponsored by the company and/or another party and has been sent to you for no charge. This is a service provided by StockHouse to public companies so they can disseminate recent significant developments, which potentially can affect their share price. 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