DENVER, Colo., June 14, 2021 (GLOBE NEWSWIRE) — Xeriant, Inc. (OTC PINK: XERI), a new aerospace technology and advanced materials holding company, will hold an online press conference, today at 4:30 p.m. Eastern Time with XTI Aircraft Company, a privately held cleantech aviation company based in Englewood, Colorado, to detail the joint venture between the two companies. The press conference will be held at the Wings Over the Rockies Air and Space Museum and will be open to all press, stakeholders and interested parties, via a live streaming broadcast at: https://youtu.be/R0otR7U1ySw
For company updates, be sure to sign up for our newsletter at https://www.xeriant.com/newsletter or follow us on Twitter (https://twitter.com/xeriant). Institutional investors and press may call Xeriant’s investor relations department at (818) 923-5302 to receive a press packet and investor slide deck.
Xeriant, Inc. (d.b.a. Xeriant Aerospace) is a holding and operating company taking an active role in Advanced Air Mobility (“AAM”), the technological revolution enabling the aerospace industry’s transition to more efficient, sustainable, and autonomous flight operations. AAM promises to expand accessibility and applications for aerial services across the economy through the development and safe integration of new aircraft with vertical flight capability (VTOL), which facilitate the point-to-point transport of passengers and cargo. Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport. The Company is an OTC Markets public company trading under the stock symbol, XERI.
For more information, please go to www.xeriant.com.
About XTI Aircraft Company
Based in Englewood, Colorado, XTI Aircraft Company is a privately owned OEM and developer of next-generation, cleantech VTOL aircraft, including the TriFan 600. XTI is guided by a leadership team with decades of experience, expertise, and success bringing new aircraft to market. XTI is founded on a culture of customer-focused problem solving to meet the evolving needs of modern travelers.
For more information, please go to www.xtiaircraft.com.
SAFE HARBOR FORWARD-LOOKING STATEMENTS
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Xeriant, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to attract investors.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
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Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.
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