Company Now Managed by all Female Executive Team
LAS VEGAS, NV, Aug. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- X Rail Entertainment, Inc. (OTCPK: XREE), www.xrailenterprises.com, a company that is developing passenger rail service from Southern California to Las Vegas, and the operator of X Wine Railroad www.xwinerailroad.com announced today that it has promoted Dianne D. David to the job title of President – Passenger Operations. Ms. David reports directly to Michael Barron, CEO of X Rail Entertainment, Inc.
The Company said that the promotion is designed to consolidate the management operations of the high speed Las Vegas Xpress “X Train” between LA and Las Vegas and the operations of the X Wine Railroad, which has been running successfully from LA to Santa Barbara for over a year. Ms. David has been the General Manager for the X Wine Railroad service.
“Ms. David has shown an exceptional talent for managing all the aspects needed on the Las Vegas Xpress, also known as the X Train,” said Mr. Barron. “Her leadership and creativity in pulling together the diverse issues of Food & Beverage, logistics, rail car procurement, ticketing, and the world class service with wineries in Los Olivos including Vincent Vineyards and Sunstone Winery, has been exceptional.”
“I am honored to accept this position,” Ms. David stated. “This project is of great importance to the company and to the passenger rail community. This route is the largest unserved passenger rail corridor in the US with over 12 million people driving each year from the LA area to Las Vegas, which is over four times the air travel traffic, and no train to serve the demand. I am committed to completing this iconic project.”
Mr. Barron added, “We are in the final process of reviewing an RFP from haulage companies and will be making our selection in September. We have some regulatory requirements to complete, but most of that comes with the haulage company. Our plan is to begin operations of the X Train in mid-year 2019.”
The Company said that the bold move to promote Ms. David would make the Las Vegas Xpress the only train of its kind, completely managed by women. The President, CFO, COO Operations, F&B, Media and Sales & Marketing center are also all run by women.
About X Rail Entertainment, Inc.
X Rail Entertainment, Inc. is in the rail service business and operates specialty passenger trains from metropolitan areas in the US to resort gaming/casino destinations. XREE has three operating divisions, Las Vegas Xpress (an LA to Las Vegas passenger train), X Wine Railroad, and Club X -- our membership club. The company owns a licensed IATIAN travel agency, X Train Vacations which books excursion rail travel for passengers. www.xrailenterprises.com or http://www.vegasxtrain.com
This press release may contain forward-looking statements regarding X Rail Entertainment, Inc. (the “Company”) within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are “forward-looking statements”, including statements regarding: the financial outlook of the Company, the general ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “seeks,” “should,” “could,” “intends,” or “projects” or similar expressions, and involve known and unknown risks and uncertainties. The Company’s actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, and may be beyond the Company’s ability to foresee or control. The Company does not undertake an obligation to update or revise any forward-looking statements, and all forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.
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