Remember NOBO PR... NexiaSoft, Inc. to Acquire NOBO List
SAN FRANCISCO, CA, Nov 09, 2006 (MARKET WIRE via COMTEX) -- NexiaSoft, Inc. (PINKSHEETS: NXSF) management has ordered and will be reviewing a current NOBO list from ADP Investor Communications. The NOBO list is a list of Non Objecting Beneficial Owners and shows a more complete and comprehensive shareholder profile than is typically available on a shareholder list provided by a transfer agent. In addition, management has ordered DTC reports for further examination. Both lists will be utilized to uncover possible short positions. According to the company records there are approximately 57.5 million outstanding shares and an approximate float of 3.3 million shares as of October 31, 2006.
"Our primary interest is to our shareholders, and the creation of value for all company stakeholders. As the company moves forward with increasing sales revenues and anticipated earnings from operations with respect to NexiaSoft's product suite, it will be very important that the company has an accurate list of its shareholders and an effective communications channel with them on a continuing basis. We are committed to remaining transparent to our shareholders -- we want them to know exactly where the stock stands," stated Kevin Owens, CEO of NexiaSoft, Inc.
About NexiaSoft:
NexiaSoft, recently commenced trading on the Over-The-Counter Pink Sheets market under the symbol: NXSF and is a holding company which invests in convergent e-commerce technology companies. Companies with disruptive technology in the area of wireless, open-source, and security are particularly of interest. Through targeted investments in such companies, NexiaSoft is able to provide a compounding effect to the overall value of their portfolio.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
Contact:
Brigand Balleau
Vice President Marketing
bballeau@nexiasoft.com
SOURCE: NexiaSoft, Inc.
CONTACT: mailto:bballeau@nexiasoft.com
