Maxus Technology Corporation Announces Successful 2004 ISEE International Symposium On Electronics And The Environment Conference & Investor Call


MORGAN HILL, Calif., May 13, 2004-, May 13, 2004 (PRIMEZONE) -- Maxus Technology Corporation (OTCBB:MXUS), a leading provider of eWaste and Asset Recovery solutions, today announced that it has received an excellent response at the 2004 International Symposium on Electronics and the Environment (ISEE) which is taking place May 10-13, 2004 in Phoenix/Scottsdale AZ. In addition to a successful conference, the company's management also participated in its first Investor Conference Call answering questions related to the growth of the company and its industry.

The Symposium is a premier international forum for presenting environmental topics pertinent to engineers, managers and others engaged in research, development, manufacturing, recycling, and marketing of electronic products.

Maxus Technology Corporation is a leading North American eWaste and Asset Recovery provider. The IEEE 2004 Conference attracts hundreds of representatives, including industry professionals and decision-makers from government, telecoms, Fortune 1000 companies and financial institutions in need of leading-edge, dependable eWaste solutions.

David Smith, CEO of Maxus Technology Corporation commented, "ISEE provided us with an opportunity to introduce ourselves to new companies. We also strengthened our relationship with many of Maxus Technology Corporation's current partners present at the conference."

"The Conference was very successful and we were pleased to be participating strengthening our presence in the North American Market. We received a lot of response to our new MeWa technology", said Charles Whatmore, VP of New Business Development.

At the same time today, Maxus Technology Corporation also held its first Investor Conference Call answering investor questions regarding its expected organic revenue growth of approximately $10 Million USD for 2004; its business model; and provided information related to the eWaste industry as a whole.

A rebroadcast of the call will be available over the Internet.

About Maxus Technology Corporation

Maxus Technology Corporation was founded in 1994 as an asset recovery expert for the telecom industry and was an early pioneer in the pre-owned technology marketplace. In the last 10 years of serving customers worldwide, we have developed in-depth asset recovery and eWaste expertise, extensive supply-and sell-side networks. Maxus has an international sourcing network enabling us to secure in-demand products. Maxus customers have come to rely on us for providing low-cost, high-quality alternatives to new products. In a fragmented market crowded with small, unsophisticated operations, Maxus continues to remain a trusted and respected resource.

Maxus has its executive offices at 18300 Sutter Boulevard, Morgan Hill, CA 95037 and its telephone number is 1.408.782.2005. The company website can be found at www.Maxustech.com. For additional information please contact: (416) 862-7168 x3229 Todd Heinzl, Investor Relations Officer or investors@Maxustech.com.

SAFE HARBOR Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of Maxus Technology Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Maxus cautions you that any forward-looking information provided by or on behalf of Maxus is not a guarantee of future performance. None of the information on this website constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in this website. Maxus Technology Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Maxus's control, in addition to those discussed in Maxus's press releases, public filings, and statements by Maxus's management, including, but not limited to, Maxus's estimate of the sufficiency of its existing capital resources, Maxus's ability to raise additional capital to fund future operations, Maxus's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Maxus's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Maxus does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.


            

Contact Data