EnXnet, Inc. Announces New Technology Combining DVD & CD On One Disk

25-Aug-03

EnXnet, Inc. (OTCBB: EXNT) has introduced a groundbreaking, new optical disc format, and has selected OneDisc Technologies as its exclusive marketing and sales company. EnXnet Inc's new dual-sided, hybrid optical disc technology has the feature of combining two distinct formats of content distribution on one disc, a DVD (digital versatile disc) on one side and a CD (compact disc) on the other. This new hybrid optical disc technology was created to service the entertainment and music industries, but has widespread consumer and business applications. EnXnet, Inc. and OneDisc Technologies have announced an exclusive marketing agreement serving the music and entertainment industries. OneDisc Technologies was awarded territories that include the United States, Canada, and Mexico, following a thorough search of marketing firms to spearhead the sale and rollout of EnXnet's dual-sided, hybrid optical disc technology. Ryan Corley, EnXnet, Inc. President, said, ""Teaming with OneDisc ensures that our customer's business requirements are addressed with a creative strategy in view of the growing, industry-wide challenges that include piracy and the delivery of valued content to retail consumers. OneDisc's experience in the entertainment and music arenas make them the obvious choice."" ""This association is consistent with our overall strategy, and we are well positioned to exploit the opportunities between EnXnet and their target industries. Being selected to be part of this team is both an attractive and exciting proposition,"" said James Wilson, President/CEO OneDisc Technologies.