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Maxxon Appoints New CEO

March 18, 2005

Maxxon announced the appointment of Ron Wheet to chief executive officer (CEO). Ron Wheet will take over the reins as CEO and chairman of the board. Wheet replaces former CEO Gifford Mabie Jr., who has resigned as CEO and a board member.

Reuters (http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=PR&symbol=MXON.PK&storyID=161139%2B16-Mar-2005%2BBW)