NEWARK, Del., Aug. 23 /PRNewswire-FirstCall/ -- Theater Xtreme
Entertainment Group, Inc.'s (OTC Bulletin Board: TXEG) Chief Executive
Officer Scott Oglum will present as a keynote panel speaker at the upcoming
CE Pro Business Valuation Summit, hosted by Electronic House Expo (EHX), in
Long Beach, California on November 7, 2007 between 11:30am - 12:30pm PST.
The CE Pro Business Valuation Summit is a one-day event centered on the
custom electronics industry. It will feature presentations and attendance
by leading experts in the custom electronics space, as well as members of
the financial community.
Mr. Oglum will present as part of the keynote panel discussing
"strategic players in the custom electronics industry." Specifically, he
will talk about Theater Xtreme's role in the specialty retail space, how
the Company relates to big-box retailers, and the expansion of the boutique
retail business in the CE space.
"We are honored to be invited to this keynote panel, and to be
recognized as an innovative and developing company in the industry," said
Oglum.
Members of the investment community, the media, and other interested
parties who would like to attend Fall EHX may learn more and register at
http://www.ehxweb.com.
To be added to Theatre Xtreme's investor contact list, please contact
Justin Schakelman at jschakelman@theaterxtreme.com.
About Theater Xtreme Entertainment Group, Inc.
Theater Xtreme Entertainment Group, Inc (OTCBB: TXEG) is a specialty
retailer of real movie theaters for the home. The Company's 80" to 120"
front projection systems deliver an authentic movie theater experience, as
an increasingly popular alternative to flat panel televisions. Its cinema
packages, featuring brand names and factory direct products, are simple to
use and cost significantly less than traditional A/V dealer offerings. It
operates 5 company owned stores and 10 franchises in 11 states.
About Electronic House Expo
Electronic House Expo (EHX), produced by EH Publishing, is the leading
custom electronics event, and the fastest growing custom electronics trade
show in America. Focused on the broad market of custom electronic
integration and retailing, it is the #1 place for the custom electronics
community to gather, network, learn, share knowledge and ideas, and stay up
to date on the latest industry trends and innovations.
Safe Harbor Statement
Some of the information presented in this letter constitutes forward-
looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements represent the Company's judgment regarding future events, and
are based on currently available information. Although the Company believes
it has a reasonable basis for these forward-looking statements, the Company
cannot guarantee their accuracy and actual results may differ materially
from those the Company anticipated due to a number of known and unknown
uncertainties, of which the Company is not aware. Factors which could cause
actual results to differ from expectations include, among others, the
ability of the Company to sell franchises, success of the franchise stores,
the ability to find suitable locations for new corporate and franchise
stores, delay or loss of key products from vendors, the ability to maintain
margin and sales growth rate, disruption of product delivery from overseas
suppliers, changes in regard to significant suppliers, increased
competition from companies with more expertise, experience, or financial
resources, technological changes in the home theater market which may
render the Company's offerings obsolete, less competitive, or too
expensive, material reduction in the demand for home theaters, and lack of
sufficient capital to allow the Company to achieve its corporate store
opening goal. For additional information concerning these and other
important factors that may cause the Company's actual results to differ
materially from expectations and underlying assumptions, please refer to
the reports filed by the Company with the Securities and Exchange
Commission available at http://www.sec.gov.
INVESTOR & MEDIA CONTACT:
The Investor Relations Group
212-825-3210
Emily Hanan / Susan Morgenbesser
Email: ehanan@investorrelationsgroup.com /
smorgenbesser@investorrelationsgroup.com
Website: http://www.investorrelationsgroup.com
SOURCE Theater Xtreme Entertainment Group, Inc.
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Related links:
http://www.theaterxtreme.com
http://www.ehxweb.com
CONTACT:
Emily Hanan,
ehanan@investorrelationsgroup.com, or Susan Morgenbesser,
smorgenbesser@investorrelationsgroup.com, both of The Investor
Relations Group, +1-212-825-3210, for Theater Xtreme
Entertainment Group, Inc.
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