$EXHI ~ pre market news out!
Exlites Upgrades Its Online Presence in Anticipation of Its Anticipated Acquisition of a Medical Device Company
2013-11-19 07:01 ET - News Release
Salt Lake City, UT(eTeligis.com)
Exlites Holdings International, Inc. (OTC PINK: EXHI) announced that it has upgraded its website in light of its anticipated acquisition. Created with the user experience strongly in mind, the site has been restructured with an improved spacious layout, including an intuitive navigation with a more uniform menu structure. The website has been redesigned using the latest technology allowing it to be in sync with today's mobile devices and browsers. The Company has already issued a Letter of Intent ("LOI") to purchase a medical device company that will provide an existing sales force and next generation medical products. Now the Company has ungraded its website to take advantage of its new acquisition.
Exlites' CEO, Joseph Chung, stated that the Company's new website will enhance its online sales presence and assist with its new business model. The Company anticipates completing the acquisition within the next two weeks, Chung stated.
Exlites was incorporated in the U.S., and until recently, was mainly engaged in business in Japan. Recently, management determined that it was in the Company's best interest to enter the larger U.S. medical equipment market and take advantage of its relationships. Exlites business model is unique in that the Company strives to provide assistance and resources to certain medical equipment manufacturers, many of whom are overseas, are more cost effective and may require FDA approval. By partnering with these medical equipment companies, Exlites can obtain better pricing for the best quality products for its customers. Exlites' business plan includes assisting manufacturers to obtain FDA registration and approval.