The Experiential Agency Forecasts Record Results for 2004 First Quarter
April 30 2004 - 11:50AM
PR Newswire (US)
The Experiential Agency Forecasts Record Results for 2004 First
Quarter CHICAGO, April 30 /PRNewswire-FirstCall/ -- The
Experiential Agency, Inc. ("XA" or the "Company") (BULLETIN BOARD:
EXAG) a major national event marketing firm that serves many
Fortune 500 companies, today said the company would report record
results for the first quarter 2004 when its Form 10-Q is filed in
May 2004. The company said sales revenues for the first quarter are
expected to exceed $2.5 million, and net income would exceed
$300,000. Last week, the Company reported sales revenue for the
fiscal year ended December 31, 2003 increased to $5,468,895,
compared to $3,616,552 for the fiscal year ended December 31, 2002.
Net income was $14,284 for the year ended December 31, 2003. "We're
on a tremendous run rate as the demand for event-driven marketing
increases, fueled by an improving economy and our ability to
increase our leadership position in the event management industry,"
said Frank Goldstin, the Company's Chief Executive Officer. About
XA The Experiential Agency, Inc. with offices in Chicago, Los
Angeles, and New York, is a leading provider of event services for
corporations, associations, and other organizations in the United
States and internationally. The firm is vertically integrated to
offer clients a single source solution for their business
communications and event management needs. The firm's services
include event marketing, design and production, meetings,
conferences and trade shows, entertainment and show production,
business theater, mobile marketing, audio/visual production, and
logistics management. Additional information on XA can found at the
Company's web site http://www.expagency.com/. In 2003, XA was
ranked one of the "Top 50 Powerhouse Event Companies in the World"
by Special Events Magazine, as well as one of the "Top Event
Marketing Agencies" by Event Marketer Magazine. Today, XA is
focused on taking major corporate meetings and product marketing
events to new levels of audience experience through sensory
marketing -- touch, taste, sight, sound, and smell. This sensory
marketing capability enables audiences to "live the event" -- not
just hear or see a business message. The XA team has been the
creative force behind prestigious live, sensory events for clients
such as McDonald's Corporation, Song Airlines, Salvatore Ferragamo,
Vogue, W Hotels and ABN AMRO. This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. In particular, when used
in the preceding discussion, the words "believes," "expects,"
"intends," "will," "anticipated," or "may," and similar conditional
expressions are intended to identify forward-looking statements
within the meaning of the Act and are subject to the safe harbor
created by the Act. Except for historical information, all of the
statements, expectations and assumptions contained in the foregoing
are forward-looking statements that involve a number of risks and
uncertainties. It is possible that the assumptions made by
management are not necessarily the most likely and may not
materialize. In addition, other important factors that could cause
actual results to differ materially include the following: business
conditions and the amount of growth in the company's industry and
general economy; competitive factors; ability to attract and retain
personnel; the price of the Company's stock; and the risk factors
set forth from time to time in the Company's SEC reports, including
but not limited to its annual report on Form 10-KSB; its quarterly
reports on Forms 10-QSB; and any reports on Form 8-K. The
Experiential Agency, Inc. takes no obligation to update or correct
forward-looking statements and also takes no obligation to update
or correct information prepared by third parties that is not paid
for by the Company. DATASOURCE: The Experiential Agency, Inc.
CONTACT: Pat Gitt of Rubenstein Associates, Inc., Public Relations,
+1-212-843-8038, for The Experiential Agency, Inc. Web site:
http://www.expagency.com/
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