LAS VEGAS, Jan. 25, 2016 /PRNewswire/ -- XLI Technologies, Inc. (OTC PINK: XLIT) (the "Company") is pleased to provide this update regarding the benefits and advantages of utilizing the Company's Printed LightSheets™ nanotechnology printed lighting technology.
"We are happy to announce (in addition to our many Printed LightSheet products currently being sold and placed) an unbelievable program for first run Movie Theater and Cinema chains throughout the U.S. and Canada. This is a 'turn-key' advertising revenue program that utilizes our 2' x 3' Printed LightSheet. We set up advertising sales placement for every location sold. This program utilizes placements of the advertisements in auditoriums, on garbage cans, and/or the lobby. This generates weekly and monthly revenue per 2' x 3' Printed LightSheet for the Theater/Cinema company, and also helps promote additional advertising sales, generating even more revenue. This would allow rapid recoupment of their Printed LightSheet cost and enables them to profit within the first three weeks of placement. This also positions XLIT with additional revenue as they would be receiving commissions and/or margins (mark-up) from this advertising positioning opportunity. This program is a win for XLIT, the Theater/Cinema chains and the advertiser," commented James Schramm, Chairman and CEO of XLI Technologies. "We are currently positioning Printed LightSheet placements and are very excited to implement this program, which will add incredible value for the Theater/Cinema Chains."
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.