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Exobox Technologies Engages Open Systems Resources; OSR to Write Company's Software Development Plan

Posted on: Monday, 28 November 2005, 09:00 CST

Exobox Technologies Corp. (Pink Sheets:EXBX), a network security company with a proprietary software designed to stop all cyber threats, announced today that it has executed an engagement agreement with Open Systems Resources, Inc ("OSR") to adapt Exobox's software to the Windows operating system. OSR consultants know the Windows system better than any other programmers in the industry making OSR the world leader in low level manipulation of the Windows environment. OSR has already examined and validated Exobox's underlying technology and has agreed to write Exobox's commercial software development plan for Windows. Under their agreement with Exobox, effective October 26, 2005, OSR also has agreed to develop and provide Exobox a commercially viable product for Windows within 11 months, for a turnkey fee, once it has completed the software development plan.

Robert B. Dillon, Exobox's President and Chief Executive Officer, commented, "OSR is dedicated to developing new tools that expand on Windows functionality and we are pleased to be able to engage the quality of experts at OSR in adapting our software to Windows. The completion of our software development plan for Windows is the key to Exobox's business plan and will allow Exobox to generate revenue through the licensing of our products, once OSR completes the plan."

Exobox was formed to provide software security that protects against all cyber threats to individuals, corporations and government agencies. The Company's lead product is a revolutionary patent protected software that is immediately available for commercialization. Exobox technology is like bulletproof glass in that it is virtually 100% effective in protecting against the daily cyber threats targeting Internet users, such as viruses and worms which can destroy documents and computer programs, and spyware which is used to gather personal information without the user's knowledge, increasing the risk for identity theft.

About Exobox Technologies Corp:

Exobox Technologies Corp., headquartered in Houston, Texas, is a network security development and licensing company that creates proactive software to address the serious and growing need in the computer market for a reliable, efficient and effective network security system. Its software is totally transparent and provides true protection from the menace of cyber threats such as Trojans, worms, viruses, spyware and identity theft. Over the last three years, Exobox has developed two revolutionary, proprietary, patent-protected software technologies to accomplish this task. Its software has a unique, proactive way to provide computers with virtually 100% protection without the need to update the Exobox software, once installed.

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. 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, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.

Source: Business Wire

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