Air Force Brigadier General (ret.) Blaine D. Holt Joins Xeriant’s Board of Advisors

Rhea-AI Summary

Xeriant, Inc. has appointed retired Air Force Brigadier General Blaine Holt to its Board of Advisors. General Holt brings extensive military experience and strategic acumen, having served in pivotal roles including U.S. Deputy Military Representative to NATO. He will provide strategic vision and expertise in assessing future aerospace technologies. Holt's past achievements include leading logistics for the U.S. European Command and a successful tenure as President of Million Air, where he raised $150 million for growth.

Positive

• Appointment of Blaine Holt enhances advisory capabilities with his extensive military and aerospace experience.
• Holt's previous leadership at Million Air, raising $150M, indicates potential for strategic growth.

Negative

• None.

Served as 2nd highest ranking military official in U.S. delegation to NATO

BOCA RATON, Fla., May 19, 2022 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or “The Company”), an aerospace company dedicated to Advanced Air Mobility and associated specialty chemicals and materials, announced today the appointment of Air Force Brigadier General (ret.) Blaine “Blaino” Holt to the Company’s Board of Advisors. Over his brilliant military career, General Holt has been an innovative leader and future-focused strategist, inspiring excellence and fostering disruptive thinking to leverage capabilities and deliver exceptional results. In his advisory role, he will provide strategic vision and assist in assessing future technologies and revolutionary aircraft concepts for potential acquisition. As U.S. Deputy Military Representative to NATO, he was the second highest ranking military official in the U.S. delegation to the alliance, supporting the execution of U.S. foreign and defense policy and providing guidance and advocacy on behalf of the Military Representative and the Chairman of the Joint Chiefs of Staff.

“We are privileged to have Blaine on our advisory team. Throughout his impressive military service as a general officer in the Air Force and as a business leader, he has demonstrated a commitment to excellence and innovation. His aerospace industry background, access to emerging technologies, and network of relationships around the globe will be a major asset to our company,” stated Keith Duffy, CEO of Xeriant.

As Director of Logistics for the U.S. European Command (EUCOM), General Holt was charged with implementing U.S. political-military strategy, directing logistical operations within the European Theater for the Department of Defense, which included coordinating the movement of U.S. forces, equipment and supplies throughout the region. He was unanimously voted as Chairman of the NATO Multinational Logistics Coordination Center (MLCC) for NATO members and all partnership nations, the first U.S. General to hold the two-year post in the history of NATO and was designated by the Supreme Allied Commander Europe as his “#1 strategist,” becoming one of the top ten logistics leaders in the Department of Defense. At the Pentagon, he was Director of the Commander’s Action Group (CAG) to the Air Force Secretary and Air Force Chief of Staff, leading a senior executive team across multiple disciplines to develop, plan and coordinate events and communications. His command experience includes the 376^th Air Expeditionary Wing, stationed in Kyrgyz Republic, and the 16^th Airlift and 817^th Expeditionary Airlift Squadrons. As a command pilot, he logged over 3,900 flight hours, more than 300 in combat, on the Boeing C-17A, the Lockheed C-141B Starlifter, the Boeing KC-135R Stratotanker, the Northrop T-38A Talon and the Cessna T-37, receiving two air medals.

“Xeriant is an enterprise that has no interest in simply ‘making the trains run on time.’ To lead in aerospace, visionary leadership and breakthrough technologies are indispensable elements in the formula. Xeriant is building an ecosystem of aerospace technologies that naturally cross-pollenate across the enterprise and move the goal post on the competition. I look forward to working with Xeriant’s team as they evaluate opportunities and execute their business strategy,” commented General Holt.

Blaine applies his strategic acumen, analytical abilities and proven leadership principles from his military experience to his business endeavors, whether as a principal, executive management or an advisor. After retiring from the Air Force, he became President of Million Air and American Jet International, a privately held aerospace organization with 30 locations across the globe, where he crafted and implemented an action plan to stabilize the company and drive future growth, raising $150M. Within a year after taking control, Million Air was ranked the “#1 Large FBO chain for 2016” by Professional Pilot Magazine. Currently, he is CEO of Alchemai, a leading-edge software company that uses AI technology and predictive analytics to manage supply chain risk in the defense, commercial and non-profit sectors. He is also CEO and Founder of Irascible Strategic Advisors, where he provides consulting for seed stage startup companies focused on bringing emerging and disruptive technologies to market. His expertise in international business, foreign affairs, national security and military strategy is sought after by high level civilian and government officials throughout the world. A Military Fellow and life member on the Council on Foreign Relations, he has published numerous articles on foreign policy and defense issues. He has been a keynote speaker at various conferences, events and international committees, and is a contributor and writer for Newsmax, where he regularly appears.

His major awards and decorations include the Air Force Distinguished Superior Service Medal, the Defense Superior Service Medal, the Legion of Merit, the Bronze Star, the Defense Meritorious Service Medal, the Defense Meritorious Service Medal with five oak leaf clusters, the Air Medal with bronze oak leaf cluster, the Joint Service Commendation Medal, the Air Force Commendation Medal with oak leaf cluster, the Joint Meritorious Unit Award with Gold Border, the Meritorious Unit Award with one oak leaf cluster and the Air Force Outstanding Unit Award with Valor Device and seven oak leaf clusters. He received a Bachelor of Business Administration in Management Information Systems from the University of Georgia, Athens, a Master of Education in Education Technology from Georgetown University, and a Master of Science in Strategic Studies from the Air War College.  

For more information, please go to www.xeriant.com.

SAFE HARBOR FORWARD-LOOKING STATEMENTS

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Xeriant, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to attract investors.  

We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.  

This press release does not constitute an offer of any securities for sale.

Xeriant, Inc.
Investor Relations Dept.:
(561) 491-9595
IR@xeriant.com
www.xeriant.com

FAQ

Who is Blaine Holt and what is his role at Xeriant?

Blaine Holt is a retired Air Force Brigadier General appointed to Xeriant's Board of Advisors. He will offer strategic vision and assist in assessing future aerospace technologies.

What experience does Blaine Holt bring to Xeriant?

Holt brings extensive military experience, having served as U.S. Deputy Military Representative to NATO and holding various leadership roles in logistics and strategic operations.

What is the significance of Blaine Holt's appointment for Xeriant's future?

Holt's appointment is expected to enhance Xeriant's strategic direction in aerospace technology and innovation, leveraging his military and industry connections.

How might Blaine Holt's past accomplishments benefit Xeriant?

With a track record of leadership and significant financial achievements, including raising $150M at Million Air, Holt's experience could drive growth and innovation for Xeriant.