SOURCE: Exit Only, Inc.

September 21, 2007 08:30 ET

Exit Only, Inc. Announces Its Securities Have Been Cleared for Quotation on the Pink Sheets Under Trading Symbol EXTO

SANTA MONICA, CA--(Marketwire - September 21, 2007) - Exit Only, Inc. (PINKSHEETS: EXTO), an emerging growth company which owns Text4cars.com -- a rapidly growing Internet-based community for new and used vehicles, announced today that its securities have been cleared for public quotation on the Pink Sheets under the symbol EXTO.

Led by founder David Dion, Text4cars.com is a leader in Pay per Contact advertising through an Internet-based community for new and used vehicles. The Company's web site, www.Text4cars.com, contains a database through which sellers can sell their vehicles without paying a listing fee and buyers can search from thousands of sales offerings.

Text4cars.com's unique system feature is in its Pay per Contact charge to the seller. A buyer searches the database of cars located on the Text4cars.com website and finds a car they are interested in. The Buyer then sends a text message with contact information to the seller of the vehicle through SMS text messaging at a Pay Per Contact charge. This results in charges to the seller, which only come about in the event of firm leads from prospective buyers.

Currently established in Canada, Text4cars is planning an expansion into US markets over the coming months.

EXTO CEO David Dion stated, "This new evolution of buyers and sellers is growing fast and should continue to result in great success for Exit Only. We are excited about our continued growth and the response to our site in Canada, and feel that the planned US expansion will be an important accelerator to our current growth patterns. We see no reason why our revolutionary business model will not offer buyers and sellers of vehicles cost effective alternatives to other US auto sites like autotrader.com, cars.com, autobytel.com and eBay Motors."

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. When used in the Annual Report on Form 10-K, the words 'estimate,' 'anticipate,' 'expect,' 'believe,' and similar expressions are intended to be forward-looking statements.

For more information about Text4cars.com, go to www.Text4cars.com.

Contact Information

  • Contact:
    Investor Relations
    David Dion
    1-888-736-0481