eFotoXpress (EFOT)

[Jimmy Quick]

NEWS 6/1/07: Continuing Updates
Sorry guys hadn't checked my email in a couple of days, was I suprised to see this sitting there.

Dear Fellow Stock Holders:

Sales in the United States continues to remain slow. There is nothing wrong with the product but I am beginning to learn if I have a big name behind us it will definitely sell. I am now trying to adopt a different tactic. I am going to try to woo a major name to take on our product because big name companies can sell almost anything. There was a discussion about hiring a National Sales Manager. He is one of our stock holders who have been National Sales Manager for numerous years and retired. At the moment he is on vacation and when he comes back I will plan together a plan and let you all know.

Sales in the overseas market continue to impress. Like I have mentioned before I don’t care where I go but I will go the place that will generate revenue. Fortunately the place appears to be China – uncompromisingly the world’s largest market. We have appointed an agent to distribute our product in China. We have been promised (I repeat PROMISED) sales in China to be around $150 million over the next 12 months. This is very possible in view of the demographic set up of the hospital system in China. Chinese hospitals are State-Owned although there are also numerous private hospitals. There are over 10,000 hospitals in China with at least 2000 of them equipped with CT Scans and MRI equipment. In China normally when you strike a deal with the Government it is usually for all the hospitals. As usual connections are important to close any deal in China. This week I will be traveling to China to meet some of the hospitals and to present our product.

We continued to do well in the Philippines. We are about to set up a link between two major hospitals in the Philippines so that our system will work like a PACS system. We will link the Heart Hospital and the East Ave hospital for this set-up. At the same time we will also set up a system at St Luke Hospital – a very private hospital. I will also be visiting Philippines during this trip.

We also have appointed an agent in Malaysia and Thailand. We will continue to appoint more agents and distributors in Asia and Europe. If there is anyone of you who knows anyone please let us know. We will be very happy to make contact with them. Agents and distributors must have experience in distributing medical supplies to hospitals.

Work is still in progress concerning our plans to list the stock on the market at the end of September.

That is all for now.

With Warmest Regards

Edward Tan

CEO