SOURCE: Trim Holding Group

January 08, 2010 18:00 ET

Trim Holding Group Announces Patent Assignment Agreement

BAY CITY, MI--(Marketwire - January 8, 2010) - Trim Holding Group ("the Company") (OTCBB: TRHG) announced that on December 31, 2009 the Company purchased patent rights under a patent agreement signed with Allkey Ltd. In consideration of the patent rights, the Company issued 3,750,000 preferred shares with a par value of $7.00/share. The patents purchased are for Canada, Mexico and the United States of America. The patent rights cover a personal massaging device. Additionally, the Company acquired the option to acquire the exclusive patent rights in 46 other countries.

Safe Harbor:

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.

Contact Information

  • Contact:
    Investor Relations