LAS VEGAS, Nov. 13, 2015 /PRNewswire/ -- XLI Technologies, Inc. (OTC PINK: MYXY) (the "Company") is pleased to provide this update regarding the benefits and advantages of utilizing the Company's LightSheets™ Nanotechnology printed lighting technology in place of outdated LED technologies in many applications.
"Our 100% nanotech based LightSheets are printed onto paper-thin sheets that have some incredible design and operational characteristics that make them ideal in so many applications that have previously used LED lighting," commented James Schramm, Chairman and CEO of XLI Technologies. "This super thin design produces a clean and pure light source that can be shaped, cut, bent, and folded into almost any shape or size you can imagine and still only uses a trickle of electricity."
"LightSheets are completely different and extremely superior to traditional LED lighting for much more than just their versatility and eco-friendly status. They're also tough as nails, smash proof, and work perfectly in both extreme hot and cold conditions. This makes them the clear choice for so many demanding, creative, and unique lighting applications in the entertainment and automotive industries."
"In the entertainment sector, XLI has recently signed an agreement that will see LightSheets used by luxury movie theatre operator Emagine Entertainment at their 8 theatre locations with 80 movie screens across Michigan. We are very pleased that Emagine, who made history by being the very first movie theater chain to be 100% digital. They are now going to make history again by being the very first theater chain to utilize Nanotechnology printed lights 'LightSheets.' Emagine has been consistently rated as the 'Best Movie Theatres in Michigan' and one of America's most state-of-the-art movie theaters. They selected LightSheets to enhance their customers' top tier and exciting moviegoing experience. I look forward to working with Emagine and expanding the use of LightSheets to other movie theater operators across the country."
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 (LightSheets™) to the entertainment sector, including movie theaters, movie studios, production and distribution companies, talent and management agencies, marketing and PR firms, and outdoor media in the USA and Canada. The Company is also exploring several other potential applications of the technology.
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.