Cortech, Inc. (Other OTC - 'CRTQ.PK') Announces Completion of Reincorporation by Merger and Change of Name to Kent International Holdings, Inc. (Other OTC - 'KNTH.PK').

BEDMINSTER, N.J. -- CORTECH, INC. (the "Company") (Other OTC - "CRTQ.PK") today announced that on May 25, 2006, the Company completed its reincorporation in Nevada by a merger with and into its wholly-owned subsidiary, Kent International Holdings, Inc. The reincorporation effected a change in the Company's legal domicile from Delaware to Nevada and a change in the name of the Company from Cortech, Inc. to Kent International Holdings, Inc. The Company's business, assets, liabilities, net worth and headquarters were unchanged as a result of the reincorporation and the directors and officers of the Company prior to the reincorporation continue to serve the Company after the reincorporation. In addition, the Company's stockholders automatically became stockholders of Kent International Holdings, Inc. on a share-for-share basis. The Company's shares will continue to be quoted on the Pink Sheets under a new trading symbol "KNTH", effective at the open of the market on June 8, 2006.

The reincorporation was approved by stockholders holding the majority of the outstanding common shares of the Company on May 22, 2006 at the Annual Meeting of Stockholders.

Kent International Holdings is actively seeking acquisitions and/or a merger partner.

Kent International Holdings has 3,569,980 shares outstanding.

This release contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause Cortech's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. Cortech cautions investors not to place undue reliance on forward-looking statements, which speak only to management's expectations on this date.