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    SLBU   US98388D1072

XALLES HOLDINGS INC.

(SLBU)
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Xalles Holdings Inc. (OTC Stock Symbol: XALL) completes acquisition of Adaptive Metadata Solutions and is projected to generate at least $5 million in revenue for 2020

08/18/2020 | 04:04am EDT

* XALL has a beautiful chart and it ready for the next leg up.

* First exclusive implementer of U.S. Bank's PowerTrack service, from first transaction to world's largest transportation payment processing service.

* First to implement an enterprise wide payment system within the U.S. Department of Defense.

*First to design, develop, and host an independent MasterCard-branded system outside of the MasterCard IT infrastructure.

* Implemented a financial transaction reconciliation solution within the U.S. Department of Homeland Security (U.S. Coast Guard).

* Multiple Recent Acquisitions Including Adaptive Metadata Solutions with immediate high revenues projected.

Xalles Holdings Inc. (OTC: XALL) is a holding company that focuses on acquisition and support of disruptive financial services and technology companies. XALL actively seeks targets in which it can partner with or acquire to accelerate growth, targeting companies with solid management teams and business models, large total attainable markets, and lucrative exit opportunities. XALL places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams.* Xalles Enters Global Metadata Management Business with 100% Acquisition of Adaptive Metadata Solutions

On July 21st, 2020 - XALL announced that it has executed a Share Exchange Agreement to acquire 100% of Adaptive Metadata Solutions Inc. ("Adaptive"). Adaptive Metadata Solutions is a Master Reseller of Adaptive products and provides industry leading metadata analytics (data that describes other data), and artificial intelligence solutions to large enterprises.

Adaptive provides Fortune 500 clients with essential software solutions that deliver a business discipline of data governance, control and innovation to the enterprise. Industries currently serviced include Insurance, Financial Services, Government Agencies, Healthcare, Energy, and many other regulated industries, where compliance and data governance are critical to operational and strategic success. New XALL acquisition Adaptive is projected to generate at least $5 million in 2020 revenue and more than $10 million in revenue in 2021.

The XALL Adaptive product suite is used by clients that include Bank of America, Federal Reserve Bank of New York, Western Union, the U.S. Government's General Accounting Office (GAO), Dell, United Natural Foods, and numerous central banks and financial services companies.

XALL has also completed multiple other recent high value acquisitions as follows:

1Rivet Global, through its proprietary 1Rivet PublicWorks Platform "1RPP"TM provides eGovernment and payment services to developing and emerging markets. 1Rivet Global will continue to focus its short-term sales and deployment efforts in Africa.

Argus has a network of sales channels and representatives which will be utilized to expand the sales reach of the recently acquired XALL companies, including MinervaWorks and Intel365. It is expected that Argus will provide marketing and sales services for new technology-based acquisitions within the XALL structure of companies.

Intel365 is a background check technology and services company that is a provider of employment background checks that includes drug testing, criminal record checks, education, and employment verification, reference checks, driving records, credit reports, social security trace and address history, civil court records, global background checks, sanctions, and risk reports.

MinervaWorks is a technology company that focuses on The Brick application, Managed Services and IT Consulting. The Brick is a piece of hardware installed on a customer's network, that analyzes the technology infrastructure, including end-user computing, systems, networks and cybersecurity The Brick is cloud enabled and virtualized, and utilizes proprietary edge computing platforms.

For more information on Xalles Holdings Inc. (XALL) visit: http://www.Xalles.com

Media Contact

Company Name: Xalles Holdings Inc.

Contact Person: Media Relations

Email: lamidi1770@gmail.com

Phone: Tel: 202-595-1299 Fax: 202-318-7712

Address:2020 Pennsylvania Ave. N.W. #527

City: Washington, DC 20006

Country: United States

Website: http://www.xalles.com/

Source: www.abnewswire.com

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Managers and Directors
NameTitle
Thomas W. Nash Chairman, President, CEO, CFO & Secretary
Matityaho Baumel Director
Paul Erickson Director
Nathan Dickerson Chief Marketing Officer
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