SOURCE: IO Circuit

June 05, 2013 10:25 ET

Experience Art and Design (EXAD) Will Acquire Rights to World Famous Artists Works

Note to Editors: The Following Is an Investment Opinion Issued by the IO Circuit

NEW YORK, NY--(Marketwired - Jun 5, 2013) - Experience Art and Design, Inc. (OTCQB: EXAD) announced yesterday that they have entered into a Memorandum of Understanding to acquire a significant collection of original art and the rights to produce the works of world renowned artist Lorenzo Ghiglieri and many works of his son, Laran.

In an article about Lorenzo Ghiglieri it is stated, "In the world of bronze, there are few bigger names than that of, Lorenzo Ghiglieri." He is most famous for eagles (a 27-foot-high specimen graces the entrance to the Seven Feathers Casino in Oregon; another is in the White House's permanent collection), horses and other western scenes. Collectors include numerous celebrities, former president Ronald Reagan, King Juan Carlos of Spain, Pope John Paul II and former president of the Soviet Union, Mikhail Gorbachev.

Experience Art and Design is the owner of Chiurazzi Internazionale, S.r.l. Chiurazzi Internazionale, S.r.l., owns and operates the Chiurazzi Foundry based in Casoria, Italy, which houses the world renowned Chiurazzi Mould Collection. The Chiurazzi Foundry obtained authorization from the Italian Ministry of Cultural Heritage and Activities in 1890 to enter the National Archeological Museum in Naples, Italy. Artists represented in the collection include Michelangelo, Bernini, Giambologna, Cellini, Canova, Donatello, and others.

Other active stocks are Sotheby's (NYSE: BID), Tiffany & Co. (NYSE: TIF) and Liquidity Services, Inc. (NASDAQ: LQDT)

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