Cimbix Corp. to Begin Building out on Its Worldwide Distribution Initiative For PetsMobility, Inc.SEATTLE -- Cimbix Corporation ("Cimbix" or the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CBXC), is pleased to announce that with the completion of the Licensing Agreement, Cimbix can now aggressively move forward with their worldwide distribution plans for their 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. PetsMobility, Inc. Cimbix will now focus on providing PetsMobility, Inc., with the required resources to fully build out and implement PetsMobility's business initiatives. PetsMobility, Inc. will begin to add personnel in key operating positions to ensure the PetsCell is introduced to the market in the anticipated time frame estimated to be in the first quarter 2006. The PetsMobility branded corporate website (www.petsmobility.com) will be updated with information pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to customer calling plans, device plans and specifications as well as online order information for pre-orders. In addition to web-based sales, PetsMobility, Inc. anticipates the PetsCell will be available to consumers through a number of alternative distribution channels including traditional retail stores, pet specialty stores and national wireless retail outlets. Product and service offerings for PetsMobility's brands have received numerous requests both domestically and from abroad for licensing and distributorships opportunities. PetsMobility, Inc. will be following up these requests to negotiate licensing and distributorship agreements with key industry participants. This will necessitate the establishing of representatives and regional offices in Canada, United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Asia Pacific, Brazil, and the United Kingdom. PetsMobility's branded interactive website, www.petsmo.com, continues to attract pet lovers from around the world where they can interact, exchange stories and discuss all pet related topics. PetsMobility, Inc. will be introducing Petsmo to 26 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. cities by the end of 2006. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as defined by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1996. Forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at PetsMobility's stage of development. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. |
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