TEMPE, Ariz., April 27, 2009 (GLOBE NEWSWIRE) -- Exosphere Aircraft Company, Inc. (Pink Sheets:EXSA), a sports marketing company, today announced that its Chairman & CEO, Jason M. Genet, has issued an extensive update letter to shareholders.
In the document, Mr. Genet notes that "In the last several weeks, we have announced significant developments, including my appointment as the new Chairman & CEO of EXSA, the acquisition of the Mixed Martial Arts (MMA) Advertising Network, and the approval from the State of Florida, in which we are incorporated, to change the company's name to Extreme Sports Marketing, Inc."
The CEO also discusses the company's expanding focus on Mixed Martial Arts, noting that: "Aside from the amazing growth that MMA has seen, a good synopsis of which is available at www.mmafacts.com, the choice also comes from my passion. I have spent my entire life as a fan of, or participant in, combat sports. To say that it is my passion would be an understatement. I have been watching MMA since the early 2000s, and have had an admiration for the athletes that participate in the sport."
The full text of Mr. Genet's remarks is available at http://media.primezone.com/cache/11405/file/6819.pdf
About Extreme Sports Marketing, Inc.
Extreme Sports Marketing, Inc., also known as Exosphere Aircraft Company, Inc. is a sports marketing and holding corporation focusing on one of the fasting growing sport today, Mixed Martial Arts (MMA). MMA Advertising Network, also known as MMAAdNet or MMAAN, all of which can visited at www.MMAAdNet.com, is one of only a handful of specialized advertising networks focused on linking Mixed Martial Arts websites.
Safe Harbor Statement
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. The words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions, are intended to identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the availability of components and successful production of the company's products, successful performance of internal plans, the impact of competitive services and pricing, general economic risks and uncertainties, and various other information detailed from time to time in the company's filings with the United States Securities and Exchange Commission. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. In addition, the company cannot guarantee the outcome concerning past events, this is not a recommendation to buy or sell this security. This should be construed as an informational statement concerning progress to date. We will continue to make our very best efforts in updating corporate records as reported in recent news announcements. As the past continues to be a challenge, the company still remains very optimistic with its focus on the sports marketing arena.