Deotexis Inc. is a development stage company which was incorporated in Nevada on March 6, 1992. The company develops and commercialises patented textile-based controlled-release delivery systems for consumer products in the toiletries, cosmetics, apparel, household products and personal care markets. The shares are currently traded on the NASD OTC Electronic Bulletin Board.
The Mezzanine Market is a new market category designed by The BSX to be a venue for Issuers of privately placed equities to list their shares on a recognized exchange to add visibility to start-up or young companies that may be considering an initial public offering (IPO) at some future date. The Mezzanine Market bridges the gap between private capital and a full blown IPO. The market is targeted at qualified investors (individuals or institutions) with a minimum investment of least $100,000.
Mr. Gerold Tebbe, Vice Chairman of the Board and Chief Executive Officer, said, "We have listed our stock on the Bermuda Mezzanine Market because this is an institutional market, where the Company's shares are traded in minimum lots of at least $100,000."
"The BSX welcomes Deotexis to listing on the Mezzanine Market," said Chief Operating Officer of The BSX Mr. Gregory A. Wojciechowski. "The Mezzanine Market offers Deotexis the opportunity of listing on an internationally recognized exchange, at this early stage providing greater visibility and marketability of its shares."
The listing of Deotexis, Inc. is sponsored by Tremont Capital Limited of Hamilton, Bermuda.
For further information on Deotexis, Inc. shares please contact Johann Wong, 441-292-3781
or by fax; 444-296-0667.
For additional information on The BSX, please call Robin H. McPhee, 441-292-7212 or e-mail info@bsx.com, or visit The BSX Web site at www.bsx.com.