EXA Announces Planned Acquisition

EXA Announces Planned Acquisition 


DEERFIELD BEACH, Fla., May 18  /PRNewswire-FirstCall/ -- EXA, Inc. (OTC Pink
Sheets: EXAI) announced today the signing of a Letter of Intent with Carrano
Travel, Inc., of North Miami, Florida to enter into a share exchange to acquire
Carrano.  The terms and conditions were not disclosed.  James C. Vernon,
president of EXA, said, "I have had a long-term working relationship with
Carrano Travel during my tenure at the helm of Travel Professionals
International, Inc.  Carrano Travel's president, Warren Crowder, will retain
his position, but will also become a valued addition to the EXA management
team."

Vernon continued, "Carrano Travel is primarily an in-bound call center
currently booking over 6,000 hotel rooms annually for special events.  Carrano
will become the in-bound call center for our direct cruise bookings and
timeshare leads.  The facility will become a major factor in the sales and
marketing of our Cruiseshares product, including the development of pre and
post cruise tours."

Mr. Crowder added, "We all look forward to working again with Jim and EXA's
management team.  If everything goes according to plan, we should have a
closing agreement completed within 90 days."

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 C. Vernon, President, EXA, [phone]

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