Experience Art and Design Inc. (fka EXAD)

[$Pistol Pete$]

$EXAD Experience Art and Design, Inc. Announces New Director and Change in Business Direction

Source: Access Wire
LAS VEGAS, NV / ACCESSWIRE / February 11, 2016 / Experience Art & Design, Inc. (OTC: EXAD) is pleased to announce a new Director, as well as a change in business direction.

Zhang Yue resigned as Director and President on December 16, 2015. Control of the company rests with Derrick Lefcoe who joined as Director.

Mr. Lefcoe stated: "EXAD has changed business direction by entering the dry cleaning services market. The dry cleaning industry has low market share penetration which presents an opportunity to acquire businesses that have multi-year operating histories and are profitable in the current market environment. The Company expects to make further announcements shortly."

The dry cleaning industry is a $9B market segment employing approximately 148,000 people in the United States. While there are over 36,683 companies operating in the industry, less than 10 companies have a national presence. According to Hoover's: the 50 largest firms generate less than 10 percent of revenue.

A link to Metropolitan's market summary may be found at the following URL: http://tinyurl.com/zcuwtj9.

Experience Art & Design, Inc., in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg FD.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

For additional information about this release please contact:

Investor Relations:
702-347-8521
[e-mail]
http://www.metropolitandrycleaners.com

SOURCE: Experience Art & Design, Inc.