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| SMNC Lists With Shanghai Technology Stock Exchange<
Summit National Consolidation Group, Inc. (OTC: SMNC) announces it has listed with the Shanghai Technology Stock Exchange (STSE) and has begun the process of making a presentation for Chinese distributors. SMNC will seek distributors for its products across three primary industries: Cosmetics, Healthcare, and Athletics. SMNC's initial foray into the STSE will prioritize addressing distributors with established regional networks, capital flexibility, sensible sales targets, and the ability to manufacture. Serious & personalized business, investment and technology intelligence for a serious advantage - BizVantage! "Entry into foreign language markets must be thoughtfully planned and executed, especially a market as dynamic and growth intense as China," stated Mario Quenneville, President and CEO of SMNC. "SMNC will identify the best joint venture candidates via our Chinese partners while tapping into the $24 billion capital reserves of STSE." Shanghai Technology Stock (Property Rights) Exchange (STSE) was founded in December 1999 and is sponsored by the Shanghai Municipal Government with independent corporate qualifications. STSE was established to promote the commercialization of technological innovations, to solve bottleneck problems in combining technological, industrial, and financial capitals, and to actively construct operational and exit mechanisms for venture investments. In 2000 and 2001, over 2,500 transactions were completed with over $12 billion in transaction volume through its 363 members that control over $24 billion in capital. SMNC conceives, designs and formulates unique cosmetic and all-purpose products from organic materials with a variety of applications including fingernail polish remover, make up remover, sneaker cleaner wipes, instant shoe shine wipes, acne treatment wipes, eye glass, cleaner and defogger, car interior leather cleaning pads, vitamin E applicators, etc. Superwipe products are sold in leading food, drug, convenience and beauty supply stores throughout North America and Europe. This release contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," "should" or "might" occur. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. CONTACT: Summit National Consolidation Group, Inc. Brenda Greer 803-419-1214
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