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Published on 2/7/2008 in the Prospect News PIPE Daily.

New Issue: Exobox raises $2.43 million from private placement of units

By Devika Patel

Knoxville, Tenn., Feb. 7 - Exobox Technologies Corp. said it raised $2.43 million from a private placement of units.

The company sold 97 units of 250,000 common shares and a warrant to purchase 50,000 common shares at $25,000 per unit.

The warrant is exercisable at $1.00 per share.

Based in Houston, Exobox is a network and end point security development and licensing company.

Issuer:Exobox Technologies Corp.
Issue:Units of 250,000 common shares and a warrant to purchase 50,000 common shares
Amount:$2,425,000
Units:97
Price:$25,000
Warrants:One warrant per unit
Warrant strike price:$1.00
Settlement date:Feb. 7
Stock symbol:Pink Sheets: EXBX
Stock price:$0.39 at close Feb. 7

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