SOURCE: Feelgoods International Ltd

October 10, 2005 07:46 ET

Feelgoods International Ltd. Announces NASDAQ Approved Symbol Change

Domestication of Corporation Allows Real-Time Trading Quotes

ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- October 10, 2005 -- Feelgoods International Ltd (OTC: FGDS) has successfully filed for domestic corporate status in the State of Nevada. The subsequent symbol change approved by NASDAQ allows Feelgoods' share trading to be reported in "real time." Real-time reporting, as well as the updated public news that comes with it, provides shareholders with the opportunity to view current trading volumes coupled with the information that is critical to timely trade execution.

Marcel Maurer, CEO of Feelgoods, remarks, "We are pleased with these new developments. Corporate domestication enables our company to fully establish itself in the American marketplace, which provides access to the additional funding opportunities that are required to expand our franchise offering internationally."

About Feelgoods International Ltd. -- Based in Zurich-Kloten, Switzerland, Feelgoods deploys a unique franchise system. The system presents new business opportunity for thousands of European pharmacies. The Feelgoods' franchise integrates into existing floorspace at each pharmacy, producing a self-contained business or shop within a shop. Feelgoods' focus is on products that complement the pharmacies' existing line. The complementary line includes alternative medications, nutriceuticals, lifestyle products and bio-cosmetics. Baby foods and bio-foods are also offered for special needs. The franchise concept is anchored by a highly trained, professional staff for on-site, expert education concerning healthy lifestyle choices that are enhanced by using Feelgoods' products. Feelgoods' turn-key solution seamlessly increases pharmacy sales significantly by generating revenue from the rapidly growing health foods and supplement market.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

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