Xalles Holdings Inc.OTC: XALL

Xalles Holdings Announces Appointment of Steve Salzer to Board of Directors

· Issued by Xalles Holdings Inc.

Xalles Holdings Inc. (OTC: XALL), a leading fintech solutions provider, is proud to announce the appointment of Steve Salzer to its Board of Directors. With a rich history in enterprise risk, legal matters, mergers and acquisitions, and more, Salzer's expertise will be instrumental as Xalles continues to expand its operations and acquisition pipeline.

Steve Salzer currently serves as the Senior Vice President, Enterprise Risk Office, and General Counsel, at PSCU in St. Petersburg, Florida. In this capacity, he oversees a myriad of functions, including Enterprise Risk Management, Legal, Compliance, Business Continuity, Investigations, Vendor Risk Management, and Government Relations. Steve's leadership extends beyond PSCU, as he represents the company on various committees and boards, including the Regulatory Advocacy Committee of NACUSO, the Payments Subcommittee of CUNA, and the Board of Directors and Audit Committee of Junior Achievement of Tampa Bay. Furthermore, Steve holds a position on the Board of Directors of the Florida Bar Foundation, where he is part of its Executive Committee and chairs its Audit Committee.

"Steve's extensive experience and leadership roles in various sectors make him an invaluable addition to our Board," said Thomas Nash, CEO of Xalles Holdings Inc. "As we continue to grow and explore new acquisition opportunities, Steve's insights and expertise will be crucial in guiding our strategic decisions."

Salzer's professional journey spans over 25 years, with roles ranging from General Counsel to CEO at various manufacturing and distribution companies. Before joining PSCU in 2005, Steve was in private practice in Washington, D.C., focusing on corporate, banking, and real estate law. His prowess in negotiating both international and domestic mergers, acquisitions, and joint ventures will be a significant asset to Xalles.

"I am honored to join the Xalles Holdings Inc. Board of Directors," said Steve Salzer. "I look forward to contributing to the company's vision and supporting its mission to redefine the fintech landscape."

Steve holds a Bachelor of Arts in Economics and Political Science from Duke University and a Juris Doctorate degree from the University of Chicago Law School. He is also a member of the Florida bar.

About Xalles Holdings Inc. (OTC: XALL)

Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain and other technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: Xalles.com. 

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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 SEC.gov and in OTC Markets at OTCMarkets.com.

Investor Relations Contact:

IR@xalles.com

Xalles.com

IR: 202.779.1460

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