AURORA, Colo. and DENVER, March 21, 2019 (GLOBE NEWSWIRE) -- Exobox Technologies Corp.  (EXBX) (“EXBX” or the “Company”), a public company trading under the ticker symbol EXBX, announced that Mr. James Roberts has assumed the position of Chief Executive Officer of the Company. Both Mark Kerzner and Sara Gellatly have also been replaced from the board.

Mr. Roberts said, “I am pleased for this opportunity to guide the Company in a new direction, the focus will be to execute the company’s new business model which is in the CBD area. We want to develop a proprietary line of CBD products. Exobox Technologies Corp is also actively looking for acquisitions and mergers.”

Mr. Roberts added, “We are also in the process of finishing the accounting to bring the Company current in its reporting with the SEC, NVSOS and OTC Markets. We look forward to bringing to market a unique, effective line of CBD products.”

Exobox Technologies Corp. will keep both its shareholders and public completely informed of the entire process as the details continue to develop. Please watch for regular press releases about the Company’s progress.

SAFE HARBOR ACT

Forward-Looking Statements: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Exobox Technologies Corp. and its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Exobox Technologies Corp. ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Exobox Technologies Corp.  filings with the Securities and Exchange Commission.

Investor Relations

Exobox Technologies Corp.

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SOURCE: Exobox Technologies Corp.