Dairene International Announces Share Exchange.

POMPANO BEACH, Fla. -- Dairene International (the "Company") (Pink Sheets:DRNE) recently effected a share exchange with all of the shareholders of EGTH, Inc., a Florida corporation ("EGTH"), pursuant to which the Company issued an aggregate of 52,500,000 restricted shares of its common stock to such shareholders in exchange for all of their shares of the common stock of EGTH. This resulted in EGTH becoming a wholly-owned subsidiary of the Company, and such former EGTH shareholders owning, immediately post share exchange, approximately 99% of the Company's issued and outstanding common stock. After a 100:1 reverse stock split effective April 18, 2006, and immediately post share exchange, there were 52,541,784 shares of the Company's common stock issued and outstanding (before adjustments for fractional shares resulting from the reverse stock split). Prior to the share exchange, the Company amended its articles of incorporation to, among other things, increase its authorized shares of common stock and preferred stock from 15 million and 5 million, respectively, to 250 million and 10 million, respectively.

The Company will change its name to Edgetech International, Inc. and will continue the operations of EGTH as a wholly-owned Company subsidiary. Such operations involve the domestic and international marketing, sale and distribution of the PocketSurfer, a robust, handheld wireless internet access device which delivers the internet in approximately 5 to 7 seconds per page and displays full content HTML web pages, graphics and java script. The PocketSurfer offers a full desktop web experience, together with a larger functional keyboard than competitive products.

Currently planned hardware costs for the PocketSurfer range from $249-$599 per unit, depending upon the features desired by the customer, which may include custom designed features. Monthly service fees (in addition to monthly cellular service fees) are currently planned to range between approximately $30-$40, depending upon the length of contract, or if there is no contract.

The marketing, sale and distribution of the PocketSurfer is being undertaken pursuant to a long-term marketing, sales and distribution agreement between EGTH and the licensor of the PocketSurfer in five exclusive vertical markets: (i) fantasy sports and sports book; (ii) online poker; (iii) music, movies and television; (iv) adult markets (adult rated content); and (v) financial services markets. Ongoing exclusivity for such markets is subject to the payment to the licensor of certain fees, including delineated monthly service fees per subscriber, and meeting delineated minimal annual subscriber thresholds.

The licensor of the PocketSurfer is an approximate 9.9% shareholder in the Company. The President of the Company is an officer, director and principal shareholder of another company which currently owns shares of convertible preferred stock of the licensor aggregating approximately 11.5% of the currently issued and outstanding shares of the licensor's common stock, assuming conversion of such preferred shares to common stock.

EGTH is a party to three royalty agreements with three different entities which provide for them to receive, in the aggregate, 6.325% of EGTH's gross receipts. Gross receipts is defined as all of the gross receipts and all money and compensation of whatever kind received by EGTH as a monthly service fee from each user and/or reseller of the PocketSurfer and any subsequent generations of such product for so long as EGTH continues to receive gross receipts. One of such agreements is with an entity which has provided business consulting services to EGTH and which has committed to purchase $3,000,000 of the Company's restricted common stock from time to time within approximately 90 days from today's date, based upon a 25% discount to the opening bid price on each closing date; another of such agreements is with a Florida limited liability company, the principal owner of which is a cousin of the Company's President, the husband of the Company's Vice President and Secretary, and the owner of approximately 8.3% of the Company's currently issued and outstanding shares of common stock.

The Company is materially dependent upon receipt of such $3,000,000 in funding to further its plan of operations, and plans to seek up to between approximately $10 to $30 million in additional equity and/or debt financing over approximately the next 12 months for working capital purposes, including the hiring of additional management and sales and marketing personnel and the purchase of inventory. There are no current agreements, arrangements or understandings with any third parties relating to such additional funding, and to the extent that the Company is unable to secure all or substantially all of such additional funding, its plan of operations will be curtailed to an extent not at this time exactly determinable.

The Company presently has four full time employees, including its President, Lev Parnas. Mr. Parnas, age 34, has substantial sales and marketing experience, having been a director, principal officer and shareholder of a broker-dealer registered with the National Association of Securities Dealers, Inc. for approximately seven years.

The Company plans to shortly effect a forward stock split of its common stock and to notify the NASD of such planned forward stock split and name change.

Following the share exchange, the Company's executive office facility is located at 950 North Federal Highway, Suite 302, Pompano Beach, Florida 33062. Its telephone number is 800-655-0945. Its website address is http://www.edgetechint.net.

This release contains "forward looking statements" within the meaning of and which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements. Forward looking statements generally are accompanied by words such as "anticipates," "belief," "believes," "estimates," "expects," "intends," "plans," and similar statements, and should be considered uncertain and forward looking. Any forward looking statements speak only as of the date on which such statement is made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward looking statements, whether as result of new information, future events or otherwise. Factors that could cause such results to differ materially from the results discussed in such forward looking statements include, without limitation: uncertain continued ability to meet our operational needs in view of serious working capital constraints; need for substantial additional capital to meaningfully proceed with our plan of operations; no assurances of and uncertainty of profitability, no assurances of the Company's ability to effect sufficient product sales so as to maintain exclusivity in certain vertical markets, the result of which could materially adversely effect the Company's results of operations; need for additional management, sales and marketing personnel, which is contingent upon our receipt of additional capital; competition from companies having substantially great financial, marketing and other resources than the Company, including name and brand recognition; the impact of competitive services and pricing; changing consumer tastes and trends; and the legal, auditing and administrative cost of compliance associated with the Sarbanes Oxley Act. Many of such risk factors are beyond the Company's control. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors may cause actual results to differ materially from those contained in any forward looking statements. In light of these risks and uncertainties, there can be no assurance that the results anticipated in these forward looking statements will in fact occur. The Company undertakes no obligation to update any such forward looking statements.