Tuesday October 28 12:41 PM EST
Company Press Release
Exigent International Begins Trading on Chicago Stock
Exchange
MELBOURNE, Fla.--(BUSINESS WIRE)--Oct. 28, 1997--Exigent International Inc. began
trading on the Chicago Stock Exchange (CHX) today under the symbol XNT.
Exigent is traded by Rock Island Specialists Inc.
Exigent International was organized in 1996 as a holding company to capitalize on emerging high
technology opportunities. The company has two wholly owned operating subsidiaries, Software
Technology Inc. (STI) and FotoTag Inc.
STI provides specialized command and control systems and additional systems engineering
support for operators of telecommunications and other satellite systems, such as the IRIDIUM
constellation, which with 34 satellites deployed, is the world's largest commercial satellite
network. STI also provided the command and control system for the U.S. Department of
Defense's Global Positioning System (GPS), a worldwide, space-based navigation and spatial
reference system. FotoTag Inc. developed and markets an advanced passenger/baggage
reconciliation system for airports and airlines.
Exigent International Inc. maintains long-term business relationships with such diverse U.S.
government agencies as the Naval Research Laboratory, Navy Satellite Operations Center,
National Aeronautics and Space Administration and U.S. Air Force Ballistic Missile Defense
Organization. The company also maintains relationships with such Fortune 500 companies as
Motorola, Rockwell Collins, Lockheed Martin, Allied Signal and Harris Corp. Additional
information about the company may be found on its web site: xgnt.com .
''Exigent International is a welcome addition to our growing list of high technology stocks,'' stated
Robert H. Forney, CHX president and chief executive officer. ''We believe that Exigent will
benefit from the prestige associated with listing on CHX, as well as from the trading efficiencies
provided by our organization.''
The Chicago Stock Exchange, founded May 15, 1882, is the second largest stock exchange in
the U.S. It trades more than 4,000 NYSE, AMEX, NASDAQ, and CHX-exclusive issues --
more than any stock exchange in the world. Additional information about CHX may be found on
its web site: chicagostockex.com .
Contact:
Jim Wheeler Associates
Jim Wheeler, 847/918-8464
Financial Public Relations Consultant
or
Exigent International Inc.
Don F. Riordan, 888/952-XGNT
Chief Financial Officer |
