XA Is the New Name of The Experiential Agency
09 Dezember 2004 - 12:00PM
PR Newswire (US)
XA Is the New Name of The Experiential Agency Shareholders Approved
a 1:20 Reverse Split CHICAGO, Dec. 9 /PRNewswire-FirstCall/ -- XA,
Inc. is the new name of The Experiential Agency, Inc., (OTC BB:
XAIN), a major national event marketing firm that serves many
Fortune 500 companies, the Company also said that its trading
symbol has changed to (OTC BB: XAIN) from (OTC BB: EXAG). The
shareholders ratified the name change at the annual shareholder's
meeting, held in Chicago, Friday, December 3. XA, Inc. has also
adopted a new CUSIP number. The new CUSIP number is 983674-10-2.
The shareholders also voted in favor of a 1:20 reverse stock split
of the common stock, effective at the opening of trading today,
December 9, 2004. The reverse stock split converts 20 shares of
XA's common stock to one share of common stock. XA's common stock,
preferred stock, stock options, warrants and other equity-linked
instruments, which are outstanding immediately prior to the
effective date of the reverse stock split, will be effected by the
split. "The name and CUSIP changes as well as the reverse split are
all positive developments for the company," said Chief Operating
Officer Joseph Wagner. "The XA brand has become synonymous with the
best in event production. Changing the company name has become
imperative, as our high-profile customers have come to associate
the XA brand name with the event and services we market. Just as
the XA brand stands for excellence in production, XA, the company,
is recognized as an industry leader in providing creative,
innovative and comprehensive event marketing and design services."
About XA XA, Inc. has full service offices in Chicago, New York and
Los Angeles from which it provides corporations and highly visible
brands with comprehensive event marketing, design and production
services. Since 1989, Chairman and CEO Frank Goldstin and his team
have been the creative force behind prestigious, national projects
for such clients as The NBA, Disney, McDonald's, British Telecom,
Song Airlines, Eurex, Olympus, Salvatore Ferragamo, Vogue, W
Hotels, ABN AMRO and Emirates Airline. In 2003 and 2004, Special
Events Magazine ranked XA as one of the "Top 50 Powerhouse Event
Companies in the World." This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. In particular, when used
in the preceding discussion, the words "believes," "expects,"
"intends," "will," "anticipated," or "may," and similar conditional
expressions are intended to identify forward-looking statements
within the meaning of the Act and are subject to the safe harbor
created by the Act. Except for historical information, all of the
statements, expectations and assumptions contained in the foregoing
are forward-looking statements that involve a number of risks and
uncertainties. It is possible that the assumptions made by
management are not necessarily the most likely and may not
materialize. In addition, other important factors that could cause
actual results to differ materially include the following: business
conditions and the amount of growth in the company's industry and
general economy; competitive factors; ability to attract and retain
personnel; the price of the Company's stock; and the risk factors
set forth from time to time in the Company's SEC reports, including
but not limited to its annual report on Form 10-KSB; its quarterly
reports on Forms 10-QSB; and any reports on Form 8-K. The
Experiential Agency, Inc. (OTC BB: EXAG) takes no obligation to
update or correct forward-looking statements and also takes no
obligation to update or correct information prepared by third
parties that is not paid for by the Company. For more information
on this event, please contact: Company: Investor Relations: Media
Relations: Lara Shipp Truc N. Nguyen Stan Froelich XA Stern &
Co. Stern & Co. 312-397-9100 ext. 2399 VP, Investor Relations
VP, Media Relations 212-888-0044 212-888-0044 DATASOURCE: XA, Inc.
CONTACT: Company, Lara Shipp of XA, +1-312-397-9100 ext. 2399, ; or
Investor Relations, Truc N. Nguyen, VP, Investor Relations,
+1-212-888-0044, , or Media Relations, Stan Froelich, VP, Media
Relations, +1-212-888-0044, , both of Stern & Co. Web site:
http://www.expagency.com/
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