Bio-Warm Corp. Completes Acquisition of Korean Subsidiary and Changes Trading Symbol.HUNTINGTON BEACH, Calif. -- Bio-Warm Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :RBIO RBIO Reproductive Biology (college course title) ) (Berlin Stock Exchange (RPB RPB Ruimtelijk Planbureau (Dutch: The Netherlands Institute for Spatial Research) RPB Regional Planning Body (UK) RPB Reverse-Path Broadcasting RPB Radiation Protection Bureau (Canada) 812438)) www.bwarm.net is pleased to announce that it has completed the acquisition of Mirae Tech. Co, a Korean corporation specialized in the research and development and production of electrical energy and environment-related products. Beginning Dec. 17, 2004, the company's new trading symbol Trading symbol See: Ticker symbol will be changed to "BOWC." About Bio-Warm: Bio-Warm Corp., through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Mirae Tech. Co, in Republic of Korea, is engaged in research and development and production of electrical energy and environment-related products. The company holds several international and domestic patents and produces electric conductive textile heating panel, mat, wall paper, laminated floor paper, sauna, negative potential plate, negative ion plate, fomenting machine and noise-related products like acoustic absorbent, soundproofing Soundproofing is any means of reducing the intensity of sound with respect to a specified source and receptor. There are several basic approaches to reducing sound: increasing the distance between source and receiver, using noise barriers to block or absorb the energy of the sound materials, etc. that protect the environment and enhance people's life quality. Safe Harbor: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies. |
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