SOURCE: EuroWork Global Ltd.

May 23, 2007 07:33 ET

EuroWork Global Ltd. Becomes Quintessence Holding Inc.

TORRANCE, CA -- (MARKET WIRE) -- May 23, 2007 -- EuroWork Global Ltd. (PINKSHEETS: EWKG) officially filed to change its name to "Quintessence Holding Inc."; President Joseph L Pittera Esq. remarked, "In order to diversify our Business Plan and identify mergers and acquisitions with companies and strategies that offer the best value and shareholder returns. We are taking this action because we no longer identify with the old business model. The name Quintessence Holdings Inc. will say more of the direction the shareholders voted us to take."

The Shareholders themselves initiated this move in a general proxy last month with majority shareholder approval. Management and the company is considering the purchase and merger of a number of opportunities it has identified and hopes to upon completion of its "due diligence" announce progress within the next ten business days.

Mr. Pittera also commented, "We are heading in a direction that will enhance our strategies and assume fast acting techniques. We are committed to the success of this company and to its transparency. We are moving to a combination of 'brick and mortar' and an eye to the future. We want business stability and unlimited upside potential. We have invested time and money to this new direction."

"Forward-Looking Statements"

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by EuroWork Global Ltd. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of EuroWork Global Ltd. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

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