BOCA RATON, Florida, March 29, 2016 /PRNewswire/ --
LegacyXChange, Inc. (OTC: LEGX) ("LegacyXChange" or the "Company") LegacyXChange "LEGX" and SelectaDNA/CSI Protect are pleased to announce our successful effort to embed Synthetic DNA in ink used in a variety of writing instruments, ensuring athletes signatures against counterfeiting and ultimately preventing theft. Buyers of originally created collectibles from athletes on LegacyXChange will be assured of ongoing proof of authenticity through forensic analysis of the DNA.
Bill Bollander, CEO states, "By inserting the DNA material in a host of writing instruments, we are now able to have athletes and celebrities sign collectibles with the guarantee that the item can always be properly identified as to the original signor, further, because the DNA is embedded microscopically in the ink used for their signature, thieves are not inclined to even attempt to remove the DNA, as it will only remove the signature decreasing the value of the collectible. SelectaDNA, as the world leader in the home asset marking has been extremely helpful in developing these opportunities, which goes to show their level of commitment and enthusiasm for LegacyXChange".
Henrik Olsen, from CSI Protect products states, "We are very excited and supportive of LegacyXChange and their business model, we believe it will change the concept of how collectibles are valued. We currently lead the world in a home asset marking; there is no reason why our customers that mark items for theft protection at home can't also use LegacyXChange as a platform to sell their valued assets, assuring buyers that items all already marked with DNA for theft protection. There is definitely a symbiotic relationship between the two companies and we look forward to their upcoming launch".
LegacyXChange is working towards its planned launch in the second quarter of 2016, and in the coming days will provide more details of anticipated revenue from sales of one of a kind sports memorabilia and other features of the platform that are expected to generate ongoing revenue streams on a monthly basis.
About LegacyXChange, Inc. and LegacyXChange.com.
The company is currently developing an online site for the trading of collectibles and memorabilia across numerous product categories. Utilizing unique DNA authentication solutions to enable collectibles and memorabilia to be permanently marked through ink in a pen, our goal is to provide the ongoing ability to guarantee authenticity of items. All items marked with this technology will be sold as Original, directly from athletes and celebrities. The site will also allow third party collectible items to be listed and sold.
To learn more about LegacyXChange, please visit: http://www.legacyxchange.com/
About CSI Protect, LLC:
CSI Protect & SelectaDNA has been at the forefront of providing world class property marking solutions since 1985. Since then, SelectaDNA has helped homeowners, businesses, local authorities and schools protect their property, marking over 30 million valuable items in the process. The US partner is based in Knoxville, TN, and serves its customers both directly and through a growing network of US resellers.
Our business has grown over the years because we pride ourselves on quality products, the best customer service and exceptional value. In fact, repeat business is growing as more and more satisfied customers return to us year after year.
To learn more about CSI Protect, LLC please visit: https://www.selectadna.us/
Forward Looking Statements and Disclaimer
Statements made in this press release that express the Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. For a discussion of these risks, see the Company's Form S-1, which may be reviewed at http://www.sec.gov. In addition, you should review the Company's periodic reports also that are available at http://www.sec.gov . The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company's future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.
SOURCE LegacyXChange, Inc.