SOURCE: Endexx Corporation

December 05, 2006 09:15 ET

Endexx Provides XRM Solution to NYSE-Listed Agricultural Concern

WARRENTON, VA -- (MARKET WIRE) -- December 5, 2006 -- Endexx Corporation (PINKSHEETS: EDXC), a leading provider of web-hosted document management solutions, has been contracted to provide Visual Board Books services to a four-billion-dollar market cap and four-billion-dollar revenue-generating agriculture-based firm. This contract marks the third New York Stock Exchange-listed firm to receive the services provided by Endexx's XRM platform. Endexx's web-hosted, on-demand document management service XRM Technology is now being utilized by six publicly held corporations and one private utility concern.

This contract marks Endexx's first agricultural-based company to utilize the flagship product Visual Board Books document management and corporate communication solution. Endexx's sales and development focus has always been on the Company's XRM Technology Platform, an on-demand transparency and best-practice corporate governance solution, to accommodate mandatory and strict regulatory guidelines placed upon Corporate Executives and Board Members.

This new customer has stated that they will primarily be utilizing the service to manage all their historical data utilized by Management and the Board of Directors. The intuitive nature and easy-to-use format is exactly what the customer stated they were seeking, as well as the competitive pricing. Endexx's CEO, Todd Davis, stated, "XRM's acceptance into the Fortune 500 company market once again validates its necessity; further, we are seeing this application capturing the interest of smaller companies and individuals that simply want to improve their own internal, inter-corporate document management and corporate communication systems to operate more efficiently."

About Endexx and Visual Board Books

"Creating a better experience for corporate governance."

Visual Board Books provides a sensible, secure way to organize and distribute sensitive, secure and critical corporate documents and communications over the Web. Now everybody in an organization has the latest version in real-time, enabling board members to be better prepared for meetings. Visual Board Books provides a robust, secure environment in which to create, deliver, edit, view and review corporate board books. Accessible through Visual Board Books' Executive Dashboard, it also provides a single, intuitive interface in which to communicate and confer with approved parties in a secure, enhanced environment.

As an on-demand web-based solution, Visual Board Books interacts seamlessly with legacy systems to:

--  Streamline a company's entire board experience, giving board members
    more time to properly review materials, prepare for meetings, and make well-
    considered decisions;
--  Improve communications among board members, as well as with other
    executives and approved consultants;
--  Securely extend access to select documents to approved sources without
    enabling access to the entire enterprise;
--  Provide 24/7/365 access and support, anywhere around the globe.
    
Safe Harbor Statement

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Endexx to differ materially from those implied or expressed by such forward-looking statements. Additional information on these and other factors may be included on future 10-Q and 10-K reports. This press release speaks as of the date first set forth above, and Endexx assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.

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