LINCOLN, Neb., Feb. 7, 2006 (PRIMEZONE) -- Market Advisors, a well-respected stock analysis firm, has initiated coverage on EnXnet, Inc. (OTCBB:EXNT) (German WKN# AOHMDW). The research report highlights the overall operations and business plan unfolding for the firm. Market Advisors has been reporting on publicly trading companies since the early 1980's and has identified EXNT as a company on the rise.
Mr. Jeff Helleberg of Market Advisors states, "While EXNT has enjoyed a strong upward move in share price since last November, this appears to be just the tip of the iceberg. After establishing a low of $0.15 the stock is currently trading at $1.30. We feel the best is yet to come. The Company has increased manufacturing capacity in order to produce a daily output of 2 million Compact Discs (CD) version cards and 1.2 million Digital Video Discs (DVD's) version cards. EXNT strives to be a leading supplier of technology that is used to produce multimedia products."
"We are thrilled that Market Advisors has recognized our current success and future potential. Their report will certainly bring attention to our unique line of products and hopefully expand and broaden the attention of Wall Street and the investment community," comments Ryan Corley, CEO of EnXnet, Inc.
Market Advisors' positive outlook on EXNT is based on its analysis of the Company's impressive portfolio of technologies, potential growth and technical aspects. The complete, unedited analyst report can be viewed by going to www.stockmarketgarden.com. Market Advisors was compensated $2,500 and is the source of this press release.
About EnXnet, Inc.
EnXnet, Inc. has concentrated on identifying and developing new technologies with significant potential for making positive impacts in the multimedia environment. The Company is currently launching the commercialization of its advanced product line. EnXnet's distinctive product portfolio consists of new methods of deterring theft, improving listening and viewing experiences, and presenting information in useful interactive formats. These technologies and related products, while at the leading edge in their respective applications, provide affordable and useful solutions.
This release may include forward-looking statements from the company that may or may not materialize. Additional information on factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.