SOURCE: Exit Only, Inc.

March 20, 2008 09:30 ET

Exit Only Inc. Makes Announcement After Appearance in the 2008 NADA Show

SANTA MONICA, CA--(Marketwire - March 20, 2008) - Exit Only, Inc. (PINKSHEETS: EXTO) and Text4cars, a wholly owned subsidiary of Exit Only, Inc., are pleased to announce that since the company's appearance in the 2008 NADA show many new opportunities have been presented to EXTO.

The ongoing positive negotiations with United States car dealerships and individual listings by car owners are growing on a daily basis, producing more cars, and web traffic on the company's website. There are over 35,000 cars listed on the Text4cars Canada site, and over 7,500 cars listed in the first two weeks of the Text4cars USA site. We anticipate our revenue model to exceed our original projections based on the website activity, and popularity we have experienced on the new Text4cars USA 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

  • CONTACT:

    Investor Relations
    David Dion
    1-888-736-0481