ASXSF Elysee Development Corp (PK)

Remedent, Inc. (OTCBB: REMI), an international company specializing in the research, development, manufacturing of oral care and cosmetic dentistry products, reported that iWhite, a breakthrough, hi-tech discovery in teeth whitening incorporating its patent pending tray delivery system, has recorded seven (7) consecutive months of increased sales from Costco.com, the online website of Costco Wholesale Corporation (NASDAQ:COST). Mr. Robin List, CEO of Remedent noted, �Costco Wholesale Corporation is the largest membership warehouse club chain in the world based on sales volume and most items available on its web site are unique to Costco.com. We are extremely pleased to see the acceptance that iWhite has received from Costco�s members. Based on the ramp up of monthly sales we anticipate that annualized sales of iWhite could soon reach $700,000. We are hopeful that our partnership expands both domestically and internationally.� About iWhite This cutting edge European whitening sensation is a 3-part system that whitens, maintains, and protects. iWhite is the only whitening product that is effortless, twice as fast and twice as effective as the current bleaching products with a rapid treatment time of 20 minutes per day for 5 days. The iWhite Light Activated Teeth Whitening Kit introduces light technology in a compact and easy to use mouth tray with foam strips. As a result of the hi-tech delivery system, the whitening reaction of the impregnated foam strip is accelerated and results in better, faster, deeper whitening results. About Remedent, Inc. Remedent, Inc., a publicly-traded company on the OTCBB, specializes in the research, development, manufacturing and marketing of oral care and cosmetic dentistry products. With offices in California, Belgium and Singapore, Remedent distributes its products in more then 35 countries. For additional information, visit Remedent's web site at www.remedent.com. FORWARD-LOOKING STATEMENTS �Safe Harbor� Statement under the Private Securities Litigation Reform Act of 1995: The statements by Robin List, the statements regarding growth of the iWhiteTM product line, optimism related to the business, expanding sales, the US and international markets�and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company�s business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many factors including continued market acceptance of the Company�s products. In addition, actual results could vary materially based on changes or slower growth in the oral care and cosmetic dentistry products market; the potential inability to realize expected benefits and synergies; domestic and international business and economic conditions; changes in the dental industry; unexpected difficulties in penetrating the oral care and cosmetic dentistry products market; changes in customer demand or ordering patterns; changes in the competitive environment including pricing pressures or technological changes; technological advances; shortages of manufacturing capacity; future production variables impacting excess inventory and other risk factors listed from time to time in the Company�s Securities and Exchange Commission filings under �risk factors� and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.