Breaking Waves Inc, a manufacturer and distributor of swimwear and a wholly-owned subsidiary of Inc, recently signed a three year licensing agreement with Gottex, Inc to manufacture, sell and distribute girls’ swimsuits and coverups under the Gottex brand name. Gottex, Inc is a world-reknowned leader in the women’s swimwear business long known for its outstanding styling and unique prints. “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: the statements contained in this release which are not historical facts contain forward looking information with respect to plans, projections or future performance of the Company, the occurrence of which involve certain risks and uncertainties detailed in the Company’s filings with the Securities and Exchange Commission.

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