China Shoe Holdings Merges With Eatware Group of Companies
16 Abril 2009 - 12:33PM
Marketwired
China Shoe Holdings, Inc. (OTCBB: CHSH) has successfully completed
a merger through an exchange of Common Stock with Extra Ease
Limited ("Extra Ease") and Eatware Intellectual Properties Limited
("EWIP"). As a result of the merger, Extra Ease and EWIP became
wholly-owned subsidiaries of China Shoe Holdings, Inc. Following
the completion of the merger, China Shoe Holdings, Inc. plans to
change its name to Eatware, Inc. The primary new business and
market focus will be on licensing technologies, intellectual
properties and trademarks in connection with environmentally safe
food packaging products and additives, as well as leasing of
machinery to licensees.
A new group of officers and a board of directors have been
elected to guide the company through the transition as a leading
brand of high quality bio-based food packaging products.
"This merger with China Shoe provides an excellent opportunity
for our company. There are significant opportunities in a number of
markets, both foreign and domestic, for the technical services and
skills that Eatware brings to the company. The management and
principals of the Eatware team have strong credentials and
excellent reputations that will allow an aggressive marketing
program to expand the range of customers and services provided,"
commented Jonathan So, the company's C.E.O., C.F.O. and
Director.
About China Shoe Holdings, Inc.
China Shoe Holdings, Inc. ("China Shoe") is a development-stage
company that was formed in the State of Nevada on January 24, 2005
as Indigo Technologies, Inc. with its executive office located at
Waigang, Jiading District, Shanghai, People's Republic of China
201800. The company now focuses on establishing itself as a leading
brand of high quality bio-based food packaging products.
The Company is a global technology-driven company focused on the
marketing and selling of high-quality, single-use bio-based
tableware for the foodservice packaging industry currently
available worldwide. Product features include being oil, water,
heat resistant, microwave and oven safe, and made with all natural,
abundant, and renewable materials that are 100% decomposable,
biodegradable and recyclable. The Company's product line includes
food containers, plates, trays, bowls, lids and other disposable
packaging containers in the industry.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
ACT OF 1995
With the exception of historical information, the matters
discussed in this news release are forward-looking statements that
involve a number of risks and uncertainties. The actual future
results of TriCord could differ significantly from those
statements. Factors that could cause actual results to differ
materially include risks and uncertainties such as the inability to
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qualified personnel, and changes in the general economic climate.
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believe that the expectations reflected in the forward-looking
statements are reasonable, such statements should not be regarded
as a representation by TriCord, or any other person, that such
forward-looking statements will be achieved. We undertake no duty
to update any of the forward-looking statements, whether as a
result of new information, future events or otherwise. In light of
the foregoing, readers are cautioned not to place undue reliance on
such forward-looking statements.
Contact: Investor Relations Email Contact +852 2295 1818
www.eatware.com
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