WASHINGTON, DC, April 10, 2018 -- Xalles Holdings Inc. (OTC: XALL), a company focusing on accelerating fintech companies, leveraging blockchain technology for financial reconciliation, and payment auditing solutions, recently revised and revamped its business plan to meet the increased demands of the X2X transaction tracking and reconciliation markets.
The core business model for Xalles is setting up “toll gates” for payment transactions to capture revenue from the commerce conducted by government organizations, businesses and consumers. In 2018, the company intends to utilize a blockchain-based platform to meet client challenges in investment & financing systems (IFS) and financial transaction reconciliation (FTR). Open-ledgers and Smart Contracts combined with the intellectual property designed into the company’s X2X system, provide a new, previously inaccessible level of transparency and integrity in these areas.
“Recently, we have seen blockchain take the world by storm,” said CEO Thomas Nash, “Many people have come to realize the technology has tremendous potential, but not as many people have put it to practical use yet. We have an actionable plan to make use of blockchain technology to dramatically improve the transparency, speed, and integrity of the IFS and FTR markets.”
In addition to creating a less error-prone and more trustworthy approach to reconciliation and investment and financing systems, blockchain-based platforms will increase the speed and efficiency of these services. The company will look to a combination of organic development and growth in 2018, plus several strategic acquisitions to enhance the resources and service offerings to consumers, business and government agencies. Xalles’ most recent acquisition was of ArrowVista Corporation, now a wholly owned subsidiary of Xalles, which performs payment audits.
More updates will follow as the company continues to execute on its new business plan and begins putting its blockchain-based platform plan into action through X2X.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holdings company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities to invest and accelerate growth in. Recently, the company has placed emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which will allow for the capture of recurring revenue streams over time. For more information visit: http://xalles.com
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Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com
Investor Relations Contact: Xalles Holdings Inc. [email protected]


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