Science & Technology
Science and Technology
Science and Technology
Tue, October 20, 2009
SAN JUAN CAPISTRANO, CA--(Marketwire - October 20, 2009) - [ XnE, Inc. ] (
Incoming XnE, Inc. VP Carl Lee Cummings added, "This is a rare opportunity to join a professional team with a business that is poised to expand very rapidly. I intend to apply the knowledge that I have gained from my past experiences growing businesses, to achieve yet another success with XnE, Inc."
Carl Lee Cummings was the founder of a few home automation companies and he brings a vast amount of diverse organizational, management and sales expertise to XnE, Inc. During his 10 year professional career, Mr. Cummings has served as part of the management team for home automation companies such as Tweeter and Circuit City, he also served as part of the management team for Henkles and McCoy, Inc. and Black Box Network Services which both companies handled large customers such as Home Depot, General Dynamics and the US Navy. Carl attended Cal Poly Pomona with a major in math and is a native California resident.
Michael Cummings, XnE, Inc. Chairman and Chief Executive Officer, stated, "Over the past few months XnE has made tremendous progress evolving and I believe the company is positioned for accelerating revenue growth, I believe Carl with his remarkable track record spearheading successful home automation companies during his career, and we couldn't have a more capable person."
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About XnE, Inc.
XnE, Inc. is part of the "FASTEST GROWING FAMILY SPORT IN AMERICA and that is [ MINOR LEAGUE BASEBALL ]." Over 50 million people attend minor league baseball games each season. In 2004 through 2008, minor league baseball drew more total fans to their games than the NBA, NFL and NHL combined and minor league teams are now in or near 100% of the top 50 US cities.
Minor league baseball appeals to families who appreciate its ability to entertain at a reasonable price. A family of four can go to the game including tickets, snacks and parking for around $40. Minors' average ticket price is $6, Major League Baseball is $18, NBA is over $41 and the NFL is over $50. In a recent survey, 81% of respondents said they want to spend more time with family and 51% said baseball is the way to do it.
FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Sports and Entertainment industry; the positioning of XnE in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether XnE can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
