SOURCE: Exit Only, Inc.

October 08, 2007 10:00 ET

Exit Only, Inc. Announces Its First US Joint Partner Program With LemonFree.com

SANTA MONICA, CA--(Marketwire - October 8, 2007) - Exit Only, Inc. (PINKSHEETS: EXTO) has entered into an agreement with LemonFree.com, an agreement that will involve a revenue sharing program between both sites. Text4Cars.com will post all Canadian and US listings on LemonFree.com's website. Buyers clicking onto those listings will be directed to the Text4Cars.com's website where they can initiate contact with the Seller. When they decide to initiate contact with the seller through our Pay-Per-Contact service, the associated fee will be shared between Text4Cars.com and LemonFree.com. The program is expected to increase traffic and awareness as well as provide new incentives for increasing advertising and referral revenues.

CEO David Dion states, "The US market is very large to cover in a short amount of time. With the amount of online sites that provide a similar listing service, engaging in programs, like the one with LemonFree.com, will only help develop our US market faster and more efficiently. Having the LemonFree agreement in place will help both sites grow and position themselves in the marketplace. We will also continue to seek out additional partnerships and joint venture programs with online providers in order to achieve market penetration and to further market our unique concept to the automotive industry."

LemonFree.com is a portal site for sellers to list their vehicles in North America. They currently have over 992,000 vehicles listed on their site with 85% of them being US sellers. Their site receives over 20,000 visitors a day that view over 140,000 listings from across North America. As of September 2007, 5 million vehicles were searched for on their site.

Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements.

Contact Information

  • Investor Relations:

    David Dion
    1-888-736-0481