SOURCE: Cross Atlantic Life Science & Technology

May 04, 2006 14:56 ET

Cross Atlantic Life Science Technology, Inc. Changes Corporate Name to Deep Earth Resources, Inc.

SINGAPORE -- (MARKET WIRE) -- May 4, 2006 -- Cross Atlantic Life Science Technology, Inc. (OTC: CTFE), today announced that its corporate name has changed to "Deep Earth Resources, Inc." The Company announced further that its symbol has also changed from "CTFE" to "DPER" effective May 05, 2006.

About Deep Earth Resources, Inc.

Deep Earth Resources Inc. is focused on creating a network of strategic business alliances and corporate partnerships in order to identify and capitalize on emerging market opportunities. The Company's plan involves acquiring both majority and minority interests in various business operations in the commodities market that will prove beneficial to the Company's bottom line and shareholder value. More information on the Company can be found at www.deepearthoil.com

Forward-Looking Statements

A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although Deep Earth Resources, Inc. believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statements.

Contact Information

  • For additional questions contact:
    Deep Earth Resources, Inc
    Phone: 011 65 6248 4740