BB's Stock Haven

[Chartmaster]

GXXM: GEX Management's Phase III Hypergrowth Strategy Expected to Revolutionize Its Consulting Services and Drive Rapid Revenue Growth

DALLAS, TX, May 10, 2023 (GLOBE NEWSWIRE) -- Dallas-based management consulting company GEX Management (OTC: GXXM) has announced that it is making rapid progress with its Phase III Hypergrowth strategy, which is expected to be a key driver for the future growth of the company. The company's CEO, Sri Vanamali, has spoken about the importance of this strategy and how it will drive revenue growth and market share gains for the company in the years to come.

GEX Management's Phase III Hypergrowth strategy involves building a proprietary AI-powered technology platform and product base that complements its full spectrum of enterprise consulting business suite offerings. The company's focus on innovation and technology has enabled it to make rapid progress in this area, and it is expected to revolutionize the way the company delivers its consulting services to clients.

One specific example of the success of the Phase III Hypergrowth strategy can be seen in the growth achieved by GEX Management's technology consulting services. In fiscal year 2022, revenue from technology consulting services increased by approximately 150%, from $356,245 in fiscal year 2021 to $890,478 in 2022. This growth can be attributed in part to the company's investment in its AI-powered technology platform and product base.

One key area where the Phase III Hypergrowth strategy is expected to be transformative to the growth of GEX is by enabling the company to provide more targeted and personalized business solutions to clients. The AI-powered technology platform will enable the company to process vast amounts of data, allowing it to identify trends, patterns, and insights that can be used to develop tailored solutions for each client.

Another avenue for growth is by enhancing the company's ability to provide real-time insights and analytics to customers. The platform will enable the company to collect and analyze data in real-time, allowing it to provide clients with up-to-the-minute insights and analytics that can be used to make informed business decisions.

Sri Vanamali, GEX Management's CEO, said, " Our Phase III Hypergrowth strategy is a game-changer for the consulting industry, and we are excited about the potential it has to transform the way we deliver our services to clients. By leveraging the power of AI and data analytics, we will be able to provide more personalized and targeted solutions that meet the unique needs of each client. This will give us a competitive edge in the market and position us for continued growth and success."

As GEX Management continues to make rapid progress with its Phase III Hypergrowth strategy, the company remains committed to providing innovative and effective solutions to its clients. The company's leadership, expertise, and commitment to providing exceptional service make it a valuable partner for businesses looking to achieve their objectives and succeed in today's dynamic marketplace.

About GEX Management

GEX Management, Inc. is a Management Consulting company providing high end Strategy and Enterprise Consulting solutions to public and private companies across a variety of industry sectors. http://www.gexmanagement.com

Information on Forward Looking Statements

The statements contained herein that are not historical facts are forward-looking statements within the meaning of the federal securities laws (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). You can identify such forward-looking statements by the words "expects," "intends," "plans," "projects," "believes," "estimates," "likely," "possibly," "probably," "goal," "opportunity," "objective," "target," "assume," "outlook," "guidance," "predicts," "appears," "indicator" and similar expressions. Forward-looking statements involve a number of risks and uncertainties. In the normal course of business, GEX Management, Inc., in an effort to help keep our stockholders and the public informed about our operations, may from time to time issue such forward-looking statements, either orally or in writing. Generally, these statements relate to business plans or strategies, projected or anticipated benefits or other consequences of such plans or strategies, or projections involving anticipated revenues, earnings, profits, pricing, operating expenses or other aspects of operating results. We base the forward-looking statements on our expectations, estimates, and projections at the time such statements are made. These statements are not guarantees of future performance and involve risks and uncertainties that we cannot predict. In addition, we have based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate. The actual results of the future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements.

SOURCE GEX Management, Inc.
Media Contact:
John Godwin,
Director, Client Relations
Email address: [e-mail]
https://www.globenewswire.com/newsroom/ti?nf=ODgzNTk5OSM1NTg2MDk1IzUwMDA1MzAwNQ==
https://ml.globenewswire.com/media/NzdhODk0YmYtMjNlYy00ZDZmLTkzYWQtNzJhZjdmMzJiMjAzLTUwMDA1MzAwNQ==/tiny/GEX-Management-Inc.png

Source: GEX Management, Inc.

© 2023 GlobeNewswire, Inc.

https://www.otcmarkets.com/stock/GXXM/news/story?e&id=2524337

GEX Management Inc. Reports Record Revenue Figures of $2.3M in 2022 Driven by Both Strategy and Technology Consulting Divisions

DALLAS, TX, April 18, 2023 (GLOBE NEWSWIRE) -- GEX Management Inc. (OTC: GXXM), a leading management consulting company, announced exceptional financial results for the fiscal year ended 2022, with $2.3 million in gross reported revenue, a 76% increase compared to the $1.3 million revenue reported in 2021. CEO Sri Vanamali attributed the success to the strong growth delivered by both the company's strategy and technology consulting divisions.

"Our strategy consulting team has provided clients with customized solutions that have helped them navigate through the enormous complexities of today's business environment. We have assisted our clients with a spectrum of solutions that include M&A strategy including post-merger integration, risk management, process improvement and strategic planning, and our deep domain and sector expertise has helped create exceptional value for our customers, as evidenced by these strong fiscal year results," said Mr. Vanamali. "On the other hand, our technology consulting group has been helping clients achieve their short term and long term business transformation goals in the form of systems optimization, digital transformation, enterprise solution roadmap rollouts and cybersecurity solutions and our value based highly customized technology solution frameworks have given our clients a unique competitive edge within their respective industries."

Mr. Vanamali further explained that the success of both divisions was the result of the company's investment in talent and technology resources, which has enabled them to offer clients best-in-class consulting services.

"We have invested in hiring the best talent in the industry and in developing proprietary tools and methodologies to offer our clients exceptional value-based consulting services. Our ability to deliver exceptional results for our clients has been the driving force behind our phenomenal year over year success and growth which we plan to replicate over the years to come."

In addition to the success of the consulting divisions, Mr. Vanamali shared that GEX Management is working on an AI-based platform that will be a key focus of the Phase III Hypergrowth strategy.

"We are excited about the development of our AI-based technology platform, which will allow us to better serve our clients by providing them with data-driven insights and solutions. This platform will enable us to take our consulting services to the next level and further strengthen our position as a leading management consulting company with a value-centric approach towards delivering high quality customer solutions."

The AI-powered platform will enable GEX Management to leverage advanced data analytics to identify opportunities for value creation in its clients’ businesses. The platform will use machine learning algorithms to analyze large data sets and identify patterns and trends that are not easily detectable through traditional data analysis methods. The platform will also enable GEX to automate many of its operational processes, allowing the company to provide faster and more efficient service to its clients. This will include automating data collection and analysis, as well as streamlining project management and communication with clients.

GEX Management Inc. is poised for continued growth in the coming years, with plans to expand its services and client base in the United States and beyond. With a team of experienced consultants and a track record of success, the company is well-positioned to deliver results for businesses looking to improve their management strategies and further grow their business operations in the foreseeable future.

About GEX Management

GEX Management, Inc. is a Management Consulting company providing high-end Strategy and Enterprise Consulting solutions to public and private companies across a variety of industry sectors. http://www.gexmanagement.com

Information on Forward Looking Statements

The statements contained herein that are not historical facts are forward-looking statements within the meaning of the federal securities laws (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). You can identify such forward-looking statements by the words "expects," "intends," "plans," "projects," "believes," "estimates," "likely," "possibly," "probably," "goal," "opportunity," "objective," "target," "assume," "outlook," "guidance," "predicts," "appears," "indicator" and similar expressions. Forward-looking statements involve a number of risks and uncertainties. In the normal course of business, GEX Management, Inc., in an effort to help keep our stockholders and the public informed about our operations, may from time to time issue such forward-looking statements, either orally or in writing. Generally, these statements relate to business plans or strategies, projected or anticipated benefits or other consequences of such plans or strategies, or projections involving anticipated revenues, earnings, profits, pricing, operating expenses or other aspects of operating results. We base the forward-looking statements on our expectations, estimates, and projections at the time such statements are made. These statements are not guarantees of future performance and involve risks and uncertainties that we cannot predict. In addition, we have based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate. The actual results of the future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements.

SOURCE GEX Management, Inc.
Media Contact:
John Godwin,
Director, Client Relations
Email address: [e-mail]
https://www.globenewswire.com/newsroom/ti?nf=ODgwOTk5NiM1NTMyMTgzIzUwMDA1MzAwNQ==
https://ml.globenewswire.com/media/NWEwYzNiNzktNjRiNS00OTY3LTg5NDYtNDJmMWRlYWZlZGZkLTUwMDA1MzAwNQ==/tiny/GEX-Management-Inc.png

Source: GEX Management, Inc.

© 2023 GlobeNewswire, Inc.

https://www.otcmarkets.com/stock/GXXM/news/story?e&id=2501031