Exxe Group Inc (AXXA)

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***Alert: New AXXA NEWS (5/12/18)!!!!: https://www.otcmarkets.com/stock/AXXA/news/Exxe-Group-Announces-Management-Changes?id=192178

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Exxe Group Announces Management ChangesPress Release | 05/12/2018
Exxe Group announces that CEO Jason Cataldo has decided to step down from his position to pursue personal interests. Mr. Cataldos resignation is effective as of May 9, 2018. Mr. Cataldo will remain an advisor to Exxe Group, and will engage as needed to ensure an orderly transition as well as offer continuing expertise and counsel on projects he had led during his time with the company.

While I have greatly enjoyed my time with Exxe Group, I believe I have accomplished all that I could in my role as CEO. Its time for me to hand the baton to the next leader of this company; someone who will lead Exxe Group to the full realization of its potential as an acquisition-led growth company across multiple sectors.

Exxe Group is also pleased to announce that David Callaghan has joined the company as Chief Technology Officer. In this role, David will not only oversee Exxe Groups internal informational technology needs, but spearhead due diligence and strategy for its acquisitions in all IT-related areas, as well as work to achieve synergies across IT investments, as well as make sure that all portfolio investments are fully utilizing technology to enhance their performance and returns, regardless of sector. In addition to his permanent role as Chief Technology Officer, Mr. Callaghan will serve as Interim Chief Executive Officer of Exxe Group following the departure of Mr. Cataldo.

Mr. Callaghan has over twenty years of software development experience and is a thought leader in blockchain, big data, and cloud computing. He has significant experience in the field of data governance, and hands-on coding experience in several programming languages. Mr. Callaghan is a veteran developer of many corporate IT departments including those of Bank of America, Wells Fargo, Duke Energy, and CIGNA. Most recently, he was a blockchain and big data developer at 2C Data and a technical architect at Perficient.

The Board has embarked on a search to find a permanent replacement for Mr. Cataldo in the CEO role, and will provide updated information on that process as it becomes available. Until then, the Board is confident that Exxe Group is in good hands with Mr. Callaghan in the Interim CEO position. The Board thanks Mr. Cataldo for his service during his time with the company.


About Exxe Group:

Exxe group is a diversified corporation focusing onacquisitions in the following sectors: real estate, technology with an emphasis on blockchain, aerospace, media, andfinancial services. We are an acquisition-driven company. Our strategy is to acquire controlling equity interests in undervalued companies and then take an active role in improving their performance - accelerating their growth by providing them with both access to capital and management expertise.

This press release contains 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. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.