Las Vegas-based XLI Technologies, Inc. has placed its Printed LightSheets in 250 theater locations within the U.S.
The publicly traded company (OTC PINK: XLIT) confirmed the completion of the first Printed LightSheet order of two-by-three-foot and two-by-four-foot promotional posters.
This is the first phase in fulfilling more than 1,900 theater location placements, a process which should be completed by July. This is also the beginning of contract fulfillment’s in which substantial business and revenue begin flowing to the company.
“It has taken several months to properly position this program regarding our theater Printed LightSheet rollout,” said James Schramm, CEO of XLI Technologies, Inc. “This positions the value and asset of the Printed LightSheets to the theater locations which will generate additional orders than what we already have in place for the 1,900 theater location placement due by July (Phase 1). I’m very excited to see the Printed LightSheets actually being presented in the market place generating substantial business and awareness.”
XLI Technologies, Inc., through its wholly owned subsidiary, Bosch International, LLC, provides unique, versatile, durable, and eco-friendly nanotechnology printed lighting products to the entertainment sector, including movie theaters, movie studios, production and distribution companies, talent and management agencies, marketing and PR firms, outdoor media and limited automotive in the U.S. and Canada.
The company said it is also exploring several other potential applications of the technology as well as expansion of territory rights.
