Skip to main content

Market Overview

C'watre International, Inc. Announces Corporate Name Change to Biomimix, Inc.; Ticker Symbol Becomes BIOM

Share:

ASHBURN, VA--(Marketwire - August 17, 2009) - C'watre International, Inc. (PINKSHEETS: CWTE),
the world's only ocean water-based skin care company, announced today it
has officially changed its corporate name to Biomimix, Inc. (PINKSHEETS: BIOM). The company also announced it has changed its ticker symbol from
"CWTE" to "BIOM" in order to reflect the name change.

According to Robert L. Lyles, III, President and CEO of Biomimix, Inc., the
company has expanded its vision beyond skin care and will continue being an
environmentally conscious company. In fact, he anticipates Biomimix to
launch new technologies that mimic efficient processes found in the natural
world essentially looking to nature which efficiently solves problems with
the least amount of energy. Biomimix understands and will transpose those
natural processes into technologies that mimic the natural system from
which they are based.

Lyles said the initial focus will be to market products based on the core
technologies currently used by its subsidiary, C'watre, LLC. These
products include hydrogen production, ballast water treatment, and oceanic
skin and body treatments. He also said the company plans to announce more
details on the Biomimix business model in the very near future.

C'watre, LLC will continue to be a wholly owned subsidiary of Biomimix,
Inc. and continue to offer their revolutionary line of skin care products.
C'watre products are used by numerous celebrities and appear in magazines
such as American Salon, Glamour Sweden and La'G Magazine, as well as The
Washington Post Newspaper.

Safe Harbor: This letter contains certain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended, which are
intended to be covered by the safe harbors created thereby. Investors are
cautioned that all forward-looking statements involve risks and
uncertainty, including without limitation, the ability of the Company to
successfully implement its turnaround strategy, changes in costs of raw
materials, labor, and employee benefits, as well as general market
conditions, competition and pricing. Although the Company believes that the
assumptions underlying the forward-looking statements contained herein are
reasonable, any of the assumptions could be inaccurate, and therefore,
there can be no assurance that the forward-looking statements included in
this letter will prove to be accurate. In light of the significant
uncertainties inherent in the forward-looking statements included herein,
the inclusion of such information should not be regarded as representation
by the Company or any other person that the objectives and plans of the
Company will be achieved. In assessing forward-looking statements included
herein, readers are urged to carefully read those statements. When used in
the Annual Report on Form 10-K, the words "estimate," "anticipate,"
"expect," "believe," and similar expressions are intended to be
forward-looking statements.

 

Related Articles (C + G)

View Comments and Join the Discussion!