LAS VEGAS, Feb. 26, 2016 /PRNewswire/ -- XLI Technologies, Inc. (OTC PINK: XLIT) (the "Company" or "XLI") is pleased to announce that they have entered into a contract with co-owner, Ryan Friedlinghaus Jr. who is the son of "West Coast Customs Owner" Ryan Friedlinghaus Sr. This contract confirms the placement of a 20 foot Printed LightSheet walking runway on the main stage of this event today from 5pm to 8pm pacific time in Hollywood California.
Ryan Jr. states, "To have the Printed LightSheet as our runway adds tremendous value and excitement for the show without the major cost and time it would normally take to construct a lit up stage with LED's. It's amazing to me that this Printed LightSheet is just rolled out like a carpet and secured on the stage. We are going to be expecting Kylie, Selena Gomez, Shaq's son Sharif who is a legend in the making. The event is a creative exhibit entitled 'Epoch' which is going to display many various forms of art such as photography, paintings, fashion, and a live music presentation. It's going to be a platform for young kids to display their work who do not have the proper platform to be recognized. Ultimately, tonight is a creative mashup of a bunch of different cultures and people coming together to see young creatives show their work. This is just the beginning of many events that our company, PAS DE FAUX plans to hold. PAS DE FAUX (pdfclothing.com) is a creative outlet for myself (co-owner) and Caleb (co-owner). We are 18 years old running a fully functional company that has had support from some of the biggest celebrities in the world like Justin Bieber, Meek Mill, The Weekend, Kylie Jenner, Post Malone & more. Particularly at this moment in time we are focusing in on men's fashion and working on ready to wear pieces that are functional, innovative, and redefining the way clothes even look."
James Schramm, Chairman and CEO of XLI Technologies states, "The Printed LightSheets can replace the expensive and traditional lighting floor fixtures for a fraction of the cost but extremely easier to install and set up for customized applications. It is so portable that this entire 20 foot stage can be rolled up and fit in the back of a car. I feel that this is a great presentation for Ryan Jr.'s event as well as showcasing but yet another application for our Printed Light Sheets."
The Company anticipates making further announcements regarding this type of application and potential orders as well as the product development, marketing, and sales as additional information becomes available.
About XLI Technologies, Inc.
XLI Technologies, Inc., through its wholly owned subsidiary, Bosch International, LLC, provides unique, versatile, durable, and eco-friendly nanotechnology printed lighting products (Printed LightSheets) to the entertainment sector, including movie theaters, movie studios, production and distribution companies, talent and management agencies, marketing and PR firms, outdoor media and limited automotive in the USA and Canada. The Company is also exploring several other potential applications of the technology as well as expansion of territory rights.
Notice Regarding Forward-Looking Statements
This press release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
SOURCE XLI Technologies, Inc.