ARPC Arem Pacific Corporation (PK)

Diversified Mortgage Workout Corporation (PINKSHEETS: DMWK) today announced its name formally changed to Arem Pacific Corporation, effective Monday, July 29. Mr. Thomas Tang has been elected to be the new president, effective immediately. More news releases will follow to introduce the new ticker symbol, new management team, board members and new company businesses.

Forward-Looking Statements Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.

Investor Contact: Norm Klein EastBridge Investment Corporation 480-966-2020