【明通編輯黃友香/香港報導】
IRVINE,CA--(Marketwire-December12,2011)-Itonis,Inc.(PINKSHEETS:ITNS)todayreleasedavaluationreportshowingthepost- acquisitioncombinedvalueofltonis,Inc.,andParamountDiscoveriestobe$128,796,000.ThereportwaspreparedbyHanoverFederalCapitalCorporationaspartoftheduediligenceprocessforItonis,Inc. 'srecentacquisitionofParamountDiscoveries.AcompletecopyofthereportisavailableforreviewonItonis'websiteat www.itonisholdings.com.ThevaluationreportcitedParamountDiscoveries'Electro-MagneticFrequencyTechnologycapabilitiesformagnetizingelementsandcompoundssuchascarbon,silver, andsalt.ParamountDisc overies'abilitytocreateandsustainanindefinitemagneticmomentinthesenaturalelementsandcompoundsisexpectedtogenerateunp recedentedapplicationsintheindustrial,manufacturing,mining,agricultural,and"green"technologysectors. "ThevaluationreportconfirmsourconfidencethatItonishasacquiredahighlyvaluableassetinParamountDiscoveriesthatisexpectedto translateintosubstantialvalueforITNSshareholders,"saidMarkCheung,CEOofItonisHoldings. ParamountDiscoveriesismakingitsElectro-MagneticFrequencyTechnologyavailableforlicensingin2012. AboutParamountDiscoveries,Inc. ParamountDiscoveries,Inc.isascientificresearchcompanyoriginallyfoundedin1995byStuartRobbins.Theyhavedevelopedapropri etarytechnologythatcanstimulatemagnetisminseveralcommonnaturalelementsandminerals.Formoreinformationvisit www.paramountdiscoveries.com AboutItonis,Inc. Itonis,Inc.(the"Company")wasincorporatedinthestateofNevadaonJuly5,2005underthenameofKenshou,Inc.Subsequently, itsnamewaschangedtoitspresent name,Itonis,Inc.,onDecember2,2005.Formoreinformationvisit www.itonisholdings.comSafeHarbor: Statementsinthispressreleasemayconstituteforward-lookingstatementsandaresubjecttonumerousrisksanduncertainties, includingthefailuretocompletesuccessfullythedevelopmentof neworenhancedproducts,theCompany'sfuturecapitalneeds, thelackofmarketdemandforanyneworenhancedproductstheCompanymaydevelop, anyactionsbytheCompany'saffiliatesthatmaybeadversetotheCompany,thesuccessofcompetitiveproducts,otherec onomicfactorsaffectingtheCompanyanditsmarkets,seasonalchanges,andotherrisksdetailedfromtimetotimeintheCompany'sfiling swiththeU.S.SecuritiesandExchangeCommission.Theactualresultsmaydiffermateriallyfromthosecontainedinthispressrelease.Th eCompanydisclaimsanyobligationtoupdateanystatementsinthispressrelease. Contact: MichaelBiddick mike@itonisholdings.com |