EXA Appoints Jim Vernon as President

EXA Appoints Jim Vernon as President 


DEERFIELD BEACH, Fla., Nov. 3  /PRNewswire-FirstCall/ -- EXA, Inc. (OTC Pink
Sheets: EXAI) announced today the appointment of James C. Vernon as president,
succeeding Stanley Priskie who will continue as Chairman of the Board.  EXA,
Inc., a publicly traded company, has primarily focused on travel industry
products for travel agencies and home-based operations. These products include
software programs and travel club packages and rewards.  The company began focus
on Cruise Timeshares in 2001.

James C. Vernon was founder and president of Travel Professionals International,
Inc., of Louisville, Kentucky, a national travel agency franchise with sales of
$250 million.  He sold the company in 1999.  Prior to founding TPI, Mr. Vernon
owned and operated Vernon Broadcasting Company, two radio stations in Kentucky. 
He was appointed Commissioner of Tourism and Public Information for the state of
Kentucky in 1976.  The position was responsible for domestic and international
tourism development for the state and all news dissemination for Kentucky state
government.  His tenure as Commissioner was underscored when Kentucky tourism
reached the billion-dollar level, making it the state's fastest-growing
industry.  Part of that development included his opening of an international
tourism office in Brussels, Belgium, the first state to do so.

Stanley Priskie welcomed Mr. Vernon on board and remarked to the Board, "Mr.
Vernon adds a new and dynamic dimension to EXA."  Mr. Priskie continued, "We
[the Board] have been searching for someone of Jim Vernon's talent and expertise
for the past two years.  We, along with certain shareholders, who have been
involved in bringing Mr. Vernon on to the management team, are confident that we
will see some very positive changes in the short term."

Mr. Vernon said, "We have a bright future to look forward to.  Over the next
five years, I intend to use my efforts assisting in the arrangement for
sufficient working capital to purchase one or more cruise ships to accelerate
our Cruiseshares(TM) program.  To that end, I am recommending a Private
Placement Offer to raise $6 million with the issuance of 500 three year Interest
and Income Participation Debentures.  I believe the offer will give investors a
rate of return not readily available in today's business climate.

Vernon continued, "I'm a strong believer in strategic alliances and to that end
we will seek out companies that either complement or move in parallel directions
to EXA to either acquire, merge or joint market.  This will be a priority. I
also intend to build a strong in-house managerial team so that we can promote
from within.  Stanley Priskie, along with his staff, have laid a great
foundation for the first ever cruise timeshare product.  Now we want to add some
complementary entities to the timeshare development and move forward in timely
fashion.  It is time to make EXA financially strong and benefit its shareholders
who have been so loyal through the years."

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:  Steven Priskie, [phone], or , or

James C. Vernon, [phone], or , both of EXA, Inc.

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