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Microcap & Penny Stocks : Exigent International, Inc. (XGNT) -- Ignore unavailable to you. Want to Upgrade?

To: Madeleine Harrison who wrote (56)	4/20/1998 10:17:00 AM
From: Madeleine Harrison	Read Replies (1) \| Respond to of 159

Monday April 20, 9:42 am Eastern Time Company Press Release SOURCE: Exigent International, Inc. Exigent Signs Ernst & Young MELBOURNE, Fla., April 20 /PRNewswire/ -- Exigent International, Inc. (CHX: XNT, OTC Bulletin Board: XGNT) announced that it has retained Ernst & Young LLP for key accounting services for its 1998 and 1999 fiscal years. Ernst & Young will audit the financial statements for the 1999 fiscal year ending January 31, 1999, prepare the fiscal year 1998 tax returns and review the unaudited quarterly filings for the 1999 fiscal year. In addition, they will provide support in matters related to acquisitions. Exigent CFO, Mr. Don Riordan said, ''We are committed to providing our with shareholders world-class accounting services. The addition of Ernst & Young to our team increases our credibility with the investment community both domestically and internationally.'' Jack Smith, Managing Partner at Ernst & Young's Jacksonville, Florida office said, ''We are pleased to have another emerging growth, high-tech company like Exigent as a client.'' Exigent International, Inc. (www.xgnt.com) is a holding company capitalizing on emerging high-technology opportunities. Subsidiaries are: Software Technology, Inc. (STI), specializes in satellite command and control solutions. STI's flagship product OS/COMET(TM) controls the two largest constellations: the IRIDIUM(R) global communication system (more than 70 satellites aloft in its final form) and the well-known NAVSTAR Global Positioning System (GPS). FotoTag, Inc., develops innovative solutions to the problems of people and product tracking. Since 1978, we have served a number of Fortune 500 clients, and government agencies that include NASA, the USAF, and the Naval Research Laboratory (NRL). For Investor Relations, contact Don Riordan, CFO (don_riordan@xgnt.com). For general information, contact Dennis Lunder, VP Marketing (dennis_lunder@xgnt.com) via E-mail, or: (888) 952-XGNT or (407) 676-4510 (Fax). IRIDIUM is a registered trademark and service mark of Iridium LCC(C) (1997).