SOURCE: Eternal Technologies Group

July 18, 2005 08:31 ET

Eternal Technologies Group Announces Change In Auditors

HOUSTON, TX -- (MARKET WIRE) -- July 18, 2005 -- Eternal Technologies Group Inc. (OTC BB: ETLT) has retained the auditing firm of Ham Langston & Brezina of Houston, TX, to replace its auditing firm of Thomas Leger & Co. LLP. The change is effective for the year-ended December 31, 2005, and will be subject to shareholder ratification at the Annual Meeting of Shareholders to be held in Arlington, VA, on August 26, 2005.

About Eternal Technologies

Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding division has a strong asset base, cash position and net income. Eternal has become one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards. With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As a prominent player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth.

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