SOURCE: Eternal Image, Inc.

October 26, 2006 09:00 ET

Eternal Image Enters Into an Agreement for Auditing Services With Bouwhuis, Morrill & Company

Funerary Products Developer Plans Move to OTC Bulletin Board

FARMINGTON HILLS, MI -- (MARKET WIRE) -- October 26, 2006 -- Eternal Image, Inc. (PINKSHEETS: ETIM), a public company engaged in the design, manufacturing and marketing of customized designer caskets and urns, today announced it has retained the services of accounting firm Bouwhuis, Morrill & Company, LLC of Layton, Utah.

The accounting firm will perform an audit of Eternal Image, Inc.'s financial statements as it prepares to apply to the NASDAQ-operated Over the Counter (OTC) Bulletin Board.

"Completing an audit is the next step in our progression to the OTC Bulletin Board," said Clint Mytych, president of Eternal Image. "The audit, which should be completed in 6-8 weeks, will allow us to apply for a listing, making our stock more accessible to the public."

For more information about Eternal Image, visit www.EternalImage.net or call 1-888-6-CASKET.

SAFE HARBOR

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," forecasts," potential," or "continue," or similar terms or the negative of these terms.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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