SOURCE: Exit Only, Inc.

July 17, 2008 00:25 ET Signs L.O.I. for Joint Venture With Optical Systems, Inc.

Partnership Opens New Locations and Additional Revenue

SANTA MONICA, CA--(Marketwire - July 17, 2008) -, a wholly owned subsidiary of Exit Only, Inc. (PINKSHEETS: EXTO), is pleased to announce that they have signed an L.O.I. to enter into a joint venture with Optical Systems, Inc. With the current projections, this partnership should increase Text-4-Cars revenues by as much as thirty percent. Through this partnership, will offer their SMS services throughout the Save-A-Deal Auto Network while additionally implementing a new lead program that produces a significant new revenue stream to their business model. "We are very excited about our new venture with Optical Systems, Inc. Our premium service along with their back-end office solutions will enhance any dealerships' revenues as well as provide new sales opportunities. We will be releasing more information in the near future as to the significant impact this will have on our revenues in the near future," stated Kyle Gottschalk, C.E.O. and President of Exit Only, Inc.

TEXT4CARS.COM provides no cost advertising to sellers of vehicles. When a qualified buyer expresses interest, contact information is instantaneously delivered to the seller who is then charged a token fee. Buyers, sellers, dealers and private parties have agreed that TEXT4CARS.COM is the most efficient, low cost and prompt way to buy or sell a car.

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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information

  • Contact:
    Kyle Gotshalk
    at 888-736-0481