SOURCE: Biomimix, Inc.

August 17, 2009 09:30 ET

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

C'watre, LLC to Continue to Be a Wholly Owned Subsidiary Under New Company

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.

Contact Information

  • Investor Relations
    David Donlin
    Cervelle Group
    Phone: 407-614-5959 ext. 223