LAS VEGAS, April 06, 2017 (GLOBE NEWSWIRE) -- XLI Technologies, Inc. (OTC PINK:XLIT) (the “Company” or “XLI”) is proud to announce sales and revenue during the continuation of the Printed LightSheet Fixture installations.
Advertisers benefit at less than a fraction of the cost from the multi-million dollar advertising campaigns of movies. The Printed LightSheet Fixtures are the only “In Theater” advertising that guarantees an average awareness of 90% per location (auditorium). The average cost to advertise is only $5.00 per movie showing. A list of the theaters and monthly sales/revenue amounts will be provided after the install program is complete.
James Schramm, CEO of XLI Technologies, Inc., commented, “Our objective is to sell advertising space as we are installing the fixtures. We have opened a marketing web site ( LightSheets.net ) designed specifically for this program and is used to facilitate the sales for XLI Technologies, Inc. It is working great. We received our first sale today April 6, 2017 from a major company. We currently have a lot of interest in which we expect to turn into more sales and revenue. Our objective is to sell all 200 fixtures by the time they are all installed. We are still actively pursuing investment opportunities to buy-out all debt and to pay for all the objectives in which will bring the company to current reporting status. We will provide a list of all advertisers (sales) and monthly revenue amounts at the time all 200 fixtures are installed. If we receive the much needed investment soon, we would be able to add an additional 500 installations in which would position XLI Technologies, Inc. in a rapid revenue generating position. I am so pleased to confirm that this month, April 2017 is the first month and the beginning of monthly revenue reporting.”
About XLI Technologies, Inc. XLI Technologies, Inc., provides unique, versatile, durable, and eco-friendly Nanotechnology printed lighting products (Printed LightSheets) to select companies in the automotive, construction and exclusively the entertainment sector, including movie theaters, movie studios, production and distribution companies, talent and management agencies, marketing and PR firms, and outdoor media in the USA and Canada. The Company is also exploring several other potential applications of the technology.
Notice Regarding Forward-Looking Statements This press release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
contact: Info@XLItech.com
