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, announced today that it has received an initial purchase order for its revolutionary teeth whitening system, iWhite, from Winn-Dixie Stores, Inc., a major food retailer operating in the southeastern portion of the United States. Under the terms of the order, Remedent will initially ship this quarter (ending March 31, 2008) four SKUs per store, the iWhite Light Activated Teeth Whitening Kit, the iWhite Maintenance Stick, the iWhite Toothpaste, and the iWhite Refill Strips. The iWhite suite of products will be available on Winn-Dixie�s store shelves in April 2008. �We are very pleased to announce another initial purchase order for our proprietary whitening products, iWhite, this time with Winn Dixie retail stores,� stated Mr. Robin List, Chief Executive Officer of Remedent. �This purchase order is another large stepping stone for Remedent in building the Company�s OTC business as well as its presence in the U.S. marketplace. Winn-Dixie is one of the largest supermarket chains in the Southeastern part of the U.S with over 500 stores. In order to gain sales traction with this order, Remedent will embark on a cooperative advertising campaign with Winn-Dixie starting immediately.� 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. About Winn-Dixie Winn-Dixie Stores, Inc. is one of the nation's largest food retailers. Founded in 1925, the Company is headquartered in Jacksonville, FL. The Company currently operates 521 retail grocery locations including more than 400 in- store pharmacies in Florida, Alabama, Louisiana, Georgia, and Mississippi. For more information, please visit www.winn-dixie.com. FORWARD-LOOKING STATEMENTS �Safe Harbor� Statement under the Private Securities Litigation Reform Act of 1995: The statements by Robin List, 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.