Maxxon Incorporated Appoints New CEO

TULSA, Okla.--(BUSINESS WIRE)--March 16, 2005--Maxxon, Inc. (“Maxxon”) (Pink Sheets:MXON) today announced the appointment of Ron Wheet to Chief Executive Officer. Ron Wheet will take over the reins as CEO and Chairman of the Board. Wheet replaces former CEO Gifford M. Mabie Jr., who has resigned as CEO and a board member. Wheet stated, “We appreciate Mr. Mabie’s past efforts and wish him success in his future endeavors.”