SOURCE: Quintessence Holdings Inc.

June 12, 2007 07:33 ET

Quintessence Holdings Reopens Dominican Republic Factory

TORRANCE, CA--(Marketwire - June 12, 2007) - Quintessence Holdings Inc. (PINKSHEETS: EWKG) announced today that it has completed its agreement with Quintessence Apparel of New Jersey regarding the purchase of all its assets including Manufacturing equipment in the Republic of Dominica and all apparel production contracts. Quintessence Holdings (PINKSHEETS: EWKG) is in the process of filing for a subsidiary company in the State of Delaware called "Image Apparel Inc." which will house all the equipment and contracts. Image Apparel Inc. will be 100% owned by Quintessence Holding Inc., formerly EuroWork Global LTD. Image Apparel Inc. will be headed by Neil Goldstein, a seasoned veteran of the business and the former CEO of Quintessence Apparel of New Jersey. Key management will be retained by Image Apparel Inc. in the Dominican Republic and in the United States for the operations and production of Image Apparel, the new subsidiary.

Quintessence Holdings Inc. also has commenced the reopening of the Dominican Republic factory (, which should be in full operation by June 18, 2007. Contracts for production and completion of lines will be announced in late June for the second quarter of operations.

"This is a new beginning for our company. We have brick and mortar on the ground and we are optimistic that we can expand this division and we are working hard to find beneficial acquisitions for our shareholders," commented Joseph Pittera, President of EWKG.

"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 Quintessence Holdings Inc. or 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 Quintessence Holdings Inc. or 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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