EnXnet, Inc. Announces First Delivery of DVDPlus Disc.Business Editors/High-Tech Writers TULSA, Okla.--(BUSINESS WIRE)--Nov. 12, 2003 EnXnet, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EXNT) and its marketing associate OneDisc Technologies announce today the first delivery to a customer of its innovative and exciting new product, the DVDPlus(TM) disc. The customer indicated complete satisfaction with the new product and is very excited about the future of DVDPlus(TM). EnXnet, Inc. produces this product under license from Mr. Dieter Dierks Dieter Dierks (born in Stommeln near Cologne) is a German record producer and mostly known for his collaboration with the Rock band Scorpions. Youth He was born in Stommeln, Germany, son of a Jewish mother and Catholic father. , the owner of the technology and trademark. Ryan Corley, President of EnXnet, Inc. had this to say: "Several of the best known entertainers and their staffs are very excited about our new products and this first production run shows that all of our units are of first class quality. They can now make a qualified commitment for DVDPlus(TM)." This initial product manufacturing run also provides the Company with actual manufacturing run samples which several potential customers have been awaiting for final evaluation prior to placing orders for DVDPlus(TM). DVDPlus(TM) delivers DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. video, DVD audio, CD audio, and interactive CD-ROM/Internet applications and content, all on one disc. EnXnet, Inc.'s new dual-sided, hybrid optical disc technology has the unique feature of combining two distinct formats of content distribution on one disc, a DVD (digital versatile disc digital versatile disc or digital video disc (DVD), a small plastic disc used for the storage of digital data. The successor media to the compact disc (CD), a DVD can have as much as 26 times the storage capacity of a CD. ) on one side and a CD (compact disc) on the other. This new hybrid optical disc technology was created to service the entertainment and music industries, but has widespread consumer and business applications. EnXnet anticipates including its distinctive EnXcase(TM) and DSTag(TM) security technology with all DVDPlus(TM) discs beginning in the first quarter of 2004, thus making them even more attractive to potential customers. Last year alone over 803 million music CDs were sold in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . EnXnet, Inc. anticipates that it will be able to attain a reasonable share of this extensive market with its imaginative product. This release may include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. from the company that may or may not materialize ma·te·ri·al·ize v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es v.tr. 1. To cause to become real or actual: By building the house, we materialized a dream. . 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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