Exxe Group Active with Core Businesses Growing Despite Global Health Crisis

Important Deals Closing, Key Segments Growing, New Initiatives Ahead

NEW YORK, March 24, 2020 (GLOBE NEWSWIRE) -- Exxe Group Inc. (AXXA), a diversified company focused on synergistic acquisitions in real estate, sustainable technology, digital platforms, financial services and agribusiness,  announced today that despite the present global, coronavirus pandemic, the Company remains very active, with growth ahead of expectations in key segments and new, promising initiatives on the near term horizon.

Dr. Eduard Nazmiev, PhD, CEO and President of Exxe Group commented on the status of some of the Company’s units. “Our highest priority is the safety of our employees and partners during this current, and unprecedented global health crisis. We are pleased to report that we are faring well during this period. One of the primary reasons that our company is positioned to weather this storm is the fact that we are one of the most diversified firms in the microcap sector both on an industry and geographic basis.

Closed Transaction

We recently closed the acquisition of a successful startup venture fund and have rebranded it as the AXXA Venture Fund. We invite you to visit the website: www.axxavc.com. Through this unit, we are focused on some of the most important industries in which we have a strong reach and deep access. They include: Personalized Medicine, Industrial Technology, Digital Platforms, Real Estate Technology and others.

Investors should expect increased deal flow and activity in these and other categories within the Fund. Management has elected to essentially “double down” on the early stage company space given the high ROI and upside, due to our expertise and contacts. A key example of how one of our early stage investments leverages its technology for the current environment is the revolutionary heating system based on infrared technology held by Mylestone Capital GmbH, currently one of Exxe Group subsidiaries. Acquired last quarter, the Company is already negotiating a multi-million dollar order after being approached by a European Union military segment. We expect this will close in the coming weeks. This highly referenceable transaction can be leveraged and replicated by other current and future AXXA Venture Fund-related companies. Thus, we plan to be very active and greatly support this unit.