WASHINGTON DC - January 9, 2026 (NEWMEDIAWIRE) - Xalles Holdings Inc. (“Xalles”) (OTCID: XALL) is pleased to announce management changes that were approved by the board of directors and aimed at jump starting the growth.
The board, in collaboration with a strategic investor, has been working for the last several months on a strategy to revive growth and create more value for our shareholders. As a result of those strategic discussions, the board has decided to make major changes to the corporate structure and business model and will be taking a series of steps aimed at strengthening the balance sheet.
As part of the management changes, Thomas Nash will be stepping down from the CEO role. Mr. Nash has led the company for the last several years and the board thanks him for his service. Robert (Bob) Trevelyan has been appointed as the new CEO of Xalles Holdings. Mr. Nash will continue for a short transition period to ensure continuity.
Bob is a business builder and change agent with a record of accomplishment in leading startups and turnarounds, establishing new divisions, and building infrastructures that support profitable growth for Global 500 companies. He has repeatedly delivered leading-edge capabilities using technologies, methodologies, reengineering, consultative management approaches and change management to improve bottom-line performance across many global industries.
“I am excited about this role and opportunity, and I plan to leverage new strategies and the resources available to drive direct value to our shareholders," stated Bob Trevelyan.
One of the Xalles directors, Paul Erickson, has resigned from the board. The company thanks him for his years of service on the board of directors.
The company will be announcing additional corporate structure and strategy changes in the coming days to strengthen the balance sheet and position the company for growth in 2026.
About Xalles Holdings Inc. (OTCID: XALL)
Xalles Holdings Inc. is a leading holding company, specializing in innovative technology and financial service solutions. Focused on growth and diversification, Xalles Holdings is committed to developing cutting-edge technology-based solutions across various sectors, with an emphasis on supporting disruptive companies. The company actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets (TAM), and enticing exit opportunities. Emphasizing cutting-edge technologies, Xalles provides industry-leading solutions, poised to capture recurring revenue streams over time. Discover more at Xalles.com.
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Investor Relations Contact:
IR@xalles.com
202-595-1299
Xalles.com
