EnXnet has begun work on a more expansive Gift Card that would be able to hold more content than the current CD based Multimedia Gift Card. The new version of the Gift Card would be DVD based.

The company informed that all the manufacturing processes have been developed and the full scale marketing of the current CD based Multimedia Gift Card is underway and being expanded on a daily basis. This allows the company and its partners to restart the development of the DVD based Gift Card.

Ryan Corley, chief executive officer of EnXnet, said: “We put all of our efforts in the past year to perfecting and bringing the CD based Gift Card to market. Now that we have completed that task, we have begun the process to expand our products.”

EnXnet engages in the development, marketing and licensing of technologies for multimedia management products, solutions, and services. EnXnet’s MoxyCard, the first Multimedia Gift Card combines the functionality of a magnetic stripe gift card with the electronic capabilities of optical disc media.