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Wednesday, September 08, 2004 5:28:52 PM
I talked to Ike Sutton CEO yesterday. Good things happening there.
Used to be EXUS. A company dedicated to educating third world countries by satalite. That's still in the works, but they have revamped and become a holding company to finance that as well as build shareholder value.
Mr. Sutton seems to be one that's sharholder friendly. Time will tell.
Today's NEWS!!!
Exus Global Announces Strategic Partnership with Xandros
Targeting $2.5 Billion Education Market --
NEW YORK, Sept. 8 /PRNewswire-FirstCall/ -- Exus Global, Inc. (OTC Bulletin Board: EXGO), a publicly traded closed end mutual fund and Business Development Company with diversified holdings, today announced that the Company has entered into a strategic alliance with Xandros (http://www.Xandros.com). Xandros, a leading supplier of a Proprietary Linux Desktop Solutions, will utilize Exus' portfolio companies to distribute the Linux as a viable and cost-effective alternative operating system in the education market, which now is estimated at $2.5 billion.
"Xandros' Linux Software operating system and products will provide a unique and cost-effective alternative to 'cash-strapped,' budget-limited education centers worldwide. The Linux-based operating system is truly a viable alternative to the manufacturer-installed operating system on computers today. The ability to market Xandros and penetrate a portion of this explosive market will create new opportunities for the Exus portfolio companies including: E Education Network, Inc., an online education content provider, and GoIP Global, Inc., a satellite content provider.
"The synergistic value is incomparable with Xandros and the Exus portfolio companies. We expect this investment to bear fruit in the foreseeable future," stated Ike Sutton, CEO of Exus.
Dr. Berenstein, Xandros Chairman and CTO stated, "We believe that Linux will play an enormous role in the educational market, as it offers schools and universities a cost-effective, stable and secure computing environment for their students. Software applications being developed for the educational market are amazingly useful, incredibly compact and fast. And with twenty-five countries voting to wire their school systems to the Internet with Linux, there will soon be hundreds of millions of students surfing the net with Linux on their desktops."
"The Xandros Desktop OS provides students and teachers with a familiar set of tools that integrate seamlessly with existing Windows environments and wireless networks."
About Xandros
Founded in 2001 with headquarters in New York and research and development facilities in Ottawa, Xandros, Inc. is the leading developer of easy-to-use Linux solutions targeting home and enterprise markets. Xandros pioneered a low-cost alternative operating system that provides seamless compatibility with Microsoft Windows programs and networks. For more information please visit http://www.xandros.com
About Exus Global, Inc.
Exus Global is a publicly traded (OTC Bulletin Board: EXGO - News) Business Development Company (BDC) located in New York City. The company has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash how potential. In addition to initial financing, Exus provides its portfolio companies with a variety of services including managerial and administrative assistance, back office support pre-IPO and public listing planning, public relations and investor relations, marketing and feasibility studies and identification of strategic or financial partners. For more information see http://www.Exusglobal.com.
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward- looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC.
Contact:
Exus Global, Inc., New York
Cynthia DeMonte 212-605-0525
ir@exusglobal.com
SOURCE Exus Global, Inc.
-0- 09/08/2004
/CONTACT: Cynthia DeMonte of Exus Global, Inc., New York, +1-212-605-
0525, ir@exusglobal.com/
/Web site: http://www.Exusglobal.com" target="_blank">http://www.xandros.comhttp://www.Exusglobal.com /
(EXGO)
CO: Exus Global, Inc.; Xandros
ST: New York
IN: FIN CPR STW
SU: JVN
EO-NJ
-- NEW028 --
7682 09/08/200411:27 EDThttp://www.prnewswire.com
LOOK where this "Product" can be found!!! This is big, imo!!!
http://www.xandros.com/partners/channelpartners.html
Used to be EXUS. A company dedicated to educating third world countries by satalite. That's still in the works, but they have revamped and become a holding company to finance that as well as build shareholder value.
Mr. Sutton seems to be one that's sharholder friendly. Time will tell.
Today's NEWS!!!
Exus Global Announces Strategic Partnership with Xandros
Targeting $2.5 Billion Education Market --
NEW YORK, Sept. 8 /PRNewswire-FirstCall/ -- Exus Global, Inc. (OTC Bulletin Board: EXGO), a publicly traded closed end mutual fund and Business Development Company with diversified holdings, today announced that the Company has entered into a strategic alliance with Xandros (http://www.Xandros.com). Xandros, a leading supplier of a Proprietary Linux Desktop Solutions, will utilize Exus' portfolio companies to distribute the Linux as a viable and cost-effective alternative operating system in the education market, which now is estimated at $2.5 billion.
"Xandros' Linux Software operating system and products will provide a unique and cost-effective alternative to 'cash-strapped,' budget-limited education centers worldwide. The Linux-based operating system is truly a viable alternative to the manufacturer-installed operating system on computers today. The ability to market Xandros and penetrate a portion of this explosive market will create new opportunities for the Exus portfolio companies including: E Education Network, Inc., an online education content provider, and GoIP Global, Inc., a satellite content provider.
"The synergistic value is incomparable with Xandros and the Exus portfolio companies. We expect this investment to bear fruit in the foreseeable future," stated Ike Sutton, CEO of Exus.
Dr. Berenstein, Xandros Chairman and CTO stated, "We believe that Linux will play an enormous role in the educational market, as it offers schools and universities a cost-effective, stable and secure computing environment for their students. Software applications being developed for the educational market are amazingly useful, incredibly compact and fast. And with twenty-five countries voting to wire their school systems to the Internet with Linux, there will soon be hundreds of millions of students surfing the net with Linux on their desktops."
"The Xandros Desktop OS provides students and teachers with a familiar set of tools that integrate seamlessly with existing Windows environments and wireless networks."
About Xandros
Founded in 2001 with headquarters in New York and research and development facilities in Ottawa, Xandros, Inc. is the leading developer of easy-to-use Linux solutions targeting home and enterprise markets. Xandros pioneered a low-cost alternative operating system that provides seamless compatibility with Microsoft Windows programs and networks. For more information please visit http://www.xandros.com
About Exus Global, Inc.
Exus Global is a publicly traded (OTC Bulletin Board: EXGO - News) Business Development Company (BDC) located in New York City. The company has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash how potential. In addition to initial financing, Exus provides its portfolio companies with a variety of services including managerial and administrative assistance, back office support pre-IPO and public listing planning, public relations and investor relations, marketing and feasibility studies and identification of strategic or financial partners. For more information see http://www.Exusglobal.com.
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward- looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC.
Contact:
Exus Global, Inc., New York
Cynthia DeMonte 212-605-0525
ir@exusglobal.com
SOURCE Exus Global, Inc.
-0- 09/08/2004
/CONTACT: Cynthia DeMonte of Exus Global, Inc., New York, +1-212-605-
0525, ir@exusglobal.com/
/Web site: http://www.Exusglobal.com" target="_blank">http://www.xandros.comhttp://www.Exusglobal.com /
(EXGO)
CO: Exus Global, Inc.; Xandros
ST: New York
IN: FIN CPR STW
SU: JVN
EO-NJ
-- NEW028 --
7682 09/08/200411:27 EDThttp://www.prnewswire.com
LOOK where this "Product" can be found!!! This is big, imo!!!
http://www.xandros.com/partners/channelpartners.html
We'll Get there. Just you wait and see....
(Posting news is what I do. It DOESN'T mean I own it!!:-)
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