Wednesday, November 08, 2006 11:26:37 AM
Tuesday November 7, 4:30 pm ET
WARRENTON, VA--(MARKET WIRE)--Nov 7, 2006 -- Endexx Corporation (Other OTC:EDXC.PK - News), a leading provider of web-hosted document management solutions, entered into a reseller agreement with Laguna Trading Corporation. Under the terms of the agreement, Laguna will resell Endexx's web-hosted, on-demand document management and communication service XRM Technology to its extensive pre-existing client base.
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This agreement marks Endexx's first post development sales effort to broaden the Company's interest in the document management and corporate communication market. Endexx's sales and development focus has always been on the Company's XRM Technology Platform, an on-demand transparency and best-practice corporate governance solution, to accommodate mandatory and strict regulatory guidelines placed upon Corporate Executives and Board Members.
"With the development of such a powerful management and communications platform and the growing need for transparent, more compliant and efficient communications, the XRM Technology platform reaches far beyond the Board of Directors. Endexx has identified a significantly larger market than originally intended," stated Endexx CEO Todd Davis, "Our service's acceptance into the Fortune 500 company market validated its necessity and now we are seeing this application including smaller companies and individuals that simply want to improve their own internal and/or inter-corporate document management and corporate communication systems to operate more efficiently."
About Endexx and Visual Board Books
"Creating a better experience for corporate governance."
Visual Board Books provides a sensible, secure way to organize and distribute sensitive, secure and critical corporate documents and communications over the web. In this paperless, binder-free environment, directors and executives need nothing more than an internet connection to view board books or protected corporate materials. Now everybody in an organization has the latest version in real-time, enabling board members to be better prepared for meetings. Visual Board Books provides a robust, secure environment in which to create, deliver, edit, view, and review corporate board books. Accessible through Visual Board Books' Executive Dashboard, it also provides a single, intuitive interface in which to communicate and confer with approved parties in a secure, enhanced environment.
As an on-demand web-based solution, Visual Board Books interacts seamlessly with legacy systems to:
-- Streamline a company's entire board experience, giving board members
more time to properly review materials, prepare for meetings, and
make well-considered decisions;
-- Improve communications among board members, as well as with other
executives and approved consultants;
-- Securely extend access to select documents to approved sources
without enabling access to the entire enterprise;
-- Provide 24/7/365 access and support, anywhere around the globe.
Safe Harbor Statement
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of ENDEXX to differ materially from those implied or expressed by such forward-looking statements. Additional information on these and other factors may be included on future 10-Q and 10-K reports. This press release speaks as of the date first set forth above and ENDEXX assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.
Contact:
Contact:
Todd Davis
CEO
Email Contact
480-595-6900
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