From the ArcaMax Publishing, Vocabulary Newsletter:
http://www.arcamax.com/news/vocabulary/s-343407-757277
exalt \ig-ZOLT\ (verb) - 1 : To praise, glorify, or honor. 2 : To
heighten or intensify. 3 : To raise in rank, character, or status; as,
"exalted the humble shoemaker to the rank of King's adviser."
"A warrior should never exalt in his victory, Wharton, before the
enemy is completely disarmed." -- Christina Dodd, 'A Knight to
Remember'
Exalt comes from Latin exalto, exaltare, to raise high, from ex-, out
of (but here simply used intensively; that is, to give emphasis) +
altus, high.