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Exobox Advises on 10-K Status

  //science-technology.news-articles.net/content/2009/11/18/exobox-advises-on-10-k-status.html
  Published in Science and Technology on Wednesday, November 18th 2009 at 13:48 GMT by Market Wire
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HOUSTON, TX--(Marketwire - November 18, 2009) - Exobox Technologies Corp. (OTCBB: [ EXBXE ]) announced that it is near completion of its Form 10-K Annual Report and that it will be filed before the December 2, 2009, filing deadline set by the Financial Industry Regulatory Authority (FINRA). The Company experienced unanticipated delays in completing its financial statements for the fiscal year combined with extraordinary demands on the Company's personnel and resources resulting from the transition of leadership positions within the Company, including the Company's Chief Executive and Chief Financial Officers.

No significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the Form 10-K.

The Company is focused on marketing to its clients its current products, ExoDetect and ExoWatch and developing its other proprietary technology. It also has hired programmers to enhance the ExoDetect and ExoWatch products.

About Exobox

Exobox Technologies Corp. develops information risk management and security solutions that help organizations protect and recover their most valuable information assets. It is committed to its vision to create a more secure environment for the information-centric community through the development of new technologies and security services. Exobox is headquartered in Houston, Texas. For more information on Exobox, visit [ www.exobox.com ].

Exobox, the Exobox logo, and ExoDetect are trademarks of Exobox Technologies Corp. Other company and product names may be trademarks of their respective owners.

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding and others set forth in the Company's report on Form 10-K for fiscal year 2009 filed with the Securities and Exchange Commission.