Replies to post #5889 on Just some board

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EXSA 33M float...RM likely to hit and hit soon IMO. Exosphere Aircraft Co. Inc. - Announces the Sale of Its MMA Assets and the Appointment of New Director
Mar. 17, 2010 (U.S. Equity News) --
Exosphere Aircraft Company (Pink Sheets: EXSA) ("EXSA" or "The Company") announced that it completed a transaction with MMA Holdings, LLC, an Arizona limited liability company ("MMAH") wherein MMAH acquired MMA Advertising Network (MMA AdNet or MMAAN) and all other assets and liabilities pertaining to Mixed Martial Arts (MMA).

MMA AdNet and all other MMA related assets were acquired in connection with the original acquisition by EXSA of certain MMA assets from MMA World Holdings, Inc (MMAWH).

Concurrent with the transaction, a temporary Director was appointed for EXSA and Jason Genet resigned as an officer and director.

EXSA is currently in discussions to acquire an operating business.

Forward-Looking Statement: This press release includes certain forward-looking statements. The words "believe", "complete", "anticipate", "will be", "expect", "provide" and similar expressions are intended to identify such forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, the benefits of selling off its MMA AdNet and other MMA related assets, the appointment of a temporary director, the resignation of Mr. Genet as a officer and director, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact: For further information, please contact: Exosphere Aircraft Company Email: [e-mail]

Contact: U.S. Equity News Tel: [phone] Email: [e-mail]

Newstex ID: USE-1074-43002178

Source: US Equity News (Mar 17, 2010 15:00:51 EDT) News by QuoteMedia www.quotemedia.com