SOURCE: Feelgoods International Ltd

October 24, 2005 06:29 ET

Feelgoods International Ltd. Opens First Store in Switzerland's Second Largest Mall

Landmark Opening in High End Mall Demonstrates Pharmacy Industry's Confidence in Franchise

ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- October 24, 2005 -- Feelgoods International Ltd. (OTC: FGDS), a Company that offers a complete food/supplement store franchise to established European Pharmacies, is pleased to announce its first store opening. The new Feelgoods Health Store is located within a remodeled pharmacy at the Tivoli Shopping Mall near Zurich. The Tivoli is Switzerland's second largest shopping mall. Situated in a prime location, the retail giant boasts 140 stores with approximately $500 million CHF annual revenues.

The flagship Feelgoods Health Store occupies 100 square meters within the Pharmacy producing a 'shop within a shop.' The franchise and the Pharmacy combined offer the public a complete line of overall health products. A comprehensive Health Centre is established for people who not only want to recover their health using a pharmacy's conventional medicines but also for people that desire to maintain their health using Feelgoods alternative products.

Marcel Maurer, Feelgoods International Ltd.'s CEO, said, "We are extremely pleased with our first store. 100 meters is a significant part of this Pharmacy's total floor space, which indicates the value of our franchise to the Pharmacy. We now have a solid foundation for our future growth. Our model is now proven."

About Feelgoods International Ltd. -- Based in Zurich-Kloten, Switzerland, Feelgoods International Ltd. deploys a unique franchise system. The system offers new business opportunity for thousands of European Pharmacies. The franchise package produces revenue from a Pharmacy's existing customer traffic. The Feelgoods' model incorporates easily into a Pharmacy's existing floor space producing a self-contained business or 'shop within a shop.' Feelgoods' focus is on products that complement a pharmacy's traditional goods. 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. The staff provides expert advice concerning healthy lifestyle choices that are enhanced by using Feelgoods' products. A Feelgoods' franchise significantly increases a pharmacy's revenue by generating additional proceeds from the strong health food and supplement industry.

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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