LAS VEGAS, March 4, 2016 /PRNewswire/ -- XLI Technologies, Inc. (OTC PINK: XLIT) (the "Company" or "XLI") is pleased to announce that it has entered into an agreement to acquire additional distribution and marketing rights (the "Agreement") from Bosch Technologies, LLC. which has acquired the exclusive License distribution rights from Triton Solar, LLC
Under terms of the Agreement, XLI Technologies, Inc. will have the exclusive marketing and distribution rights of the Printed LightSheets for the Caribbean Islands excluding Cuba. The Caribbean Islands encompasses 121 countries including Barbados, Bonaire, the Cayman Islands, Saint Croix, the Bahamas, Hispaniola, Puerto Rico, Jamaica, Dominica, Montserrat, Saba, Saint Kitts, Saint Lucia, Saint Thomas, Saint John, Tortola, Grenada, Saint Vincent, Guadeloupe, Martinique, and Trinidad & Tobago.
James Schramm, CEO of XLI Technologies, Inc., stated, "This new agreement gives us a larger market share which positions XLI Technologies, Inc. in a global direction. We look forward to our potential global distributors helping the development of new opportunities from our growing product lineup and expanded geographic outlook."
About Bosch Technologies, LLC
Bosch Technologies, LLC is a multi-media conglomerate and service provider which owns, distributes and acquires proprietary, license distribution rights of many marketing programs including Nanotechnology products and facilities (BoschTec.com).
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.