EXA Announces Special Meeting of Shareholders DEERFIELD BEACH, Fla., June 15 /PRNewswire-FirstCall/ -- EXA, Inc. (OTC Pink Sheets: EXAI) announces a Special Meeting of Shareholders to be held on July 13, 2004, at its offices in Deerfield Beach, Florida. The Board of Directors is requesting that the Shareholders approve an increase in authorized common shares to 100 million shares. Shareholders of record at the close of business on June 17, 2004 are entitled to vote. The Special Meeting has been called by Stanley Priskie, Chairman, to provide sufficient shares to support the Warrants to be issued on the sale of its Private Placement Offerings and several potential acquisitions. Mr. Priskie said, "EXA has an opportunity to acquire several companies in allied fields to its Cruiseshares program. By expanding the concept of Cruiseshares, the Company is providing an umbrella to incorporate its potential affiliates." James Vernon, president, added, "The world of vacation ownership is expanding to include fractional interest ownership of luxury yachts, villas and resort residences as well as planes and luxury mobile homes. We have received numerous inquiries from companies that can complement a Cruiseshares experience that would like to join with us." Cruiseshares is the marriage of the timeshare and cruise industries, offering an extraordinary vacation value on unforgettable, port-oriented cruises where owners will enjoy world-class service to new and different destinations each and every year. Statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that like forward-looking statements, certain risks and uncertainties are involved, including without limitation, continued acceptance of the company's services, increased levels of competition for the Company and dependence on the performance of the management of the Company. DATASOURCE: EXA, Inc. CONTACT: James Vernon, President, , or Steven Priskie, Secretary, , both of EXA, Inc., +1-954-725-5570

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