TEMECULA, Calif., Feb. 1, 2005 (PRIMEZONE) -- Venture Net Capital Group, Inc. (Pink Sheets:VNTN) (www.vntrnet.com) announced entering into a strategic alliance with Xiom Corp. (www.xiom-corp.com) as a master distributor of Xiom products.
Michael Brette, CEO of Venture Net commented, "We are very pleased to have this new relationship. On-site plastic powder painting has arrived in a boom to numerous industries including oil, ship building, construction, food-processing and more. Xiom Corp. has developed a new process designed and patented by Xiom's engineers providing unique combinations of time-tested coatings for a variety of custom applications. Xiom's spray gun deposits plastics, plastics with specialized additives and plastics with metals or ceramics. These specially engineered plastic materials transform the performance, cost and delivery capability of plastic powder painting in prolonging the life of structures."
VentureNet plans to assist in the setting up of a system of independent distributors for Xiom on a national and international basis.
About Venture Net
Venture Net Capital Group, Inc. is a management company that provides marketing and consulting services. Our clients are offered expertise in areas such as accounting, investment and financial services, legal representation, promotional, publicity, sales and management consulting. We specialize in helping with funding pre-public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, further events or otherwise.