Readen Holding Corp

August 22, 2011 11:00 ET

Wellux International Announces Official Name Change to Readen Holding Corporation and New Ticker Symbol "RHCO.PK" and the Appointment of New Officers

HILVERSUM, THE NETHERLANDS--(Marketwire - Aug. 22, 2011) - Readen Holding Corp., (PINK SHEETS:RHCO), formerly Wellux International (PINK SHEETS:WLXI), announced that, effective August 22, 2011, the Company received a new trading symbol from FINRA. The new symbol is RHCO. The Company's stock is quoted on the OTC Pinksheets. Investors should be aware that the name change and symbol change may take a few days to report properly in their brokerage accounts and at certain websites.

Readen Holding Corporation's President and Chairmen of the Board, Gerardus Ronald Steenbergen, is pleased to announce that on June 17, 2011, our Board of Directors appointed two new officers, COO Heeloy Yuen, age 54, and CFO Adrianus Hubertus Matheus de Jongh, age 58.

Readen Holding Corporation is an organization in a development stage and actively pursuing investments in promising start up companies in North America, Europe and Asia, who are active in two different industries: telecom and recycling. Readen Holding Corp new management Team has more than 25 years of solid experience in these industries.

This press release may contain forward-looking statements, including, but not limited to, statements regarding Readen Holding Corporation and its plans, products and related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential" or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Readen Holding Corporation's postings on the OTC Markets Disclosure & News Service and future filings with the Securities an Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Readen Holding Corporation undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.

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