SOURCE: Exit Only, Inc.

October 03, 2007 08:30 ET

Exit Only, Inc. Has Reached Annual Goals Ahead of Schedule

SANTA MONICA, CA--(Marketwire - October 3, 2007) - Exit Only, Inc. (PINKSHEETS: EXTO), owner of, has announced that it has reached its projected annual goal ahead of schedule. The management team of has set a goal to acquire a vehicle inventory level of 30,000 cars on the site by December 31st, 2007. has not only obtained the 30,000 vehicles but has accomplished this goal 3 months ahead of schedule.

Founder David Dion of states, "We are all very excited about our growth in Canada and did not expect the results to be this fast. I had always believed that this service was much needed in the industry, but I had no idea it would develop this quickly. This only strengthens our vision of successfully launching our service in various markets."

Since launching their Pay-Per-Contact platform in February 2007, has over 30,000 vehicles listed from over 2700 sellers in Canada -- 360 of those accounts being dealerships. Strategic alliances with third-party data collection services contributes to the accelerated growth with the added positive feedback received from the general public.

The scheduled US launch has been moved up due to the success in Canada. Provisions by the US carriers are almost complete and final software testing should wrap up by the 28th of September 2007.

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