Euoko Receives Positive Market Response to Its Impending Acquisition of Private Entity



    TORONTO, June 29 /CNW/ -- Euoko Inc. (OTC Bulletin Board:   EUKO) entered
into a binding letter agreement on April 5, 2007 to acquire all issued and
outstanding shares of Euoko Inc. (Canada), a private company founded in 2003
and engaged in the business of development, marketing and global distribution
of scientifically-advanced luxury skin treatments. The market has recently
begun responding positively to this impending merger, as reflected in the
all-time high value of the stock price of Euoko Inc. (USA) (OTCBB: EUKO) at
US$2.20.
    "We are very excited about this acquisition, as we believe that Euoko
Inc. (Canada) has tremendous potential in the lucrative luxury cosmetics
market," said Dwight Webb, President of Euoko Inc. (USA). "We expect that the
impending transaction will close before the end of August 2007 and are very
much looking forward to this closure."
    Brandon Truaxe, President and CEO of the private entity, Euoko Inc.
(Canada), said "Euoko Canada is well-positioned to become a leader in the
rapidly-growing segment of the cosmetics market that is targeted by a unique
niche of premium class brands. Euoko USA's decision to acquire Euoko Canada
will allow Euoko USA to enjoy the significant potential growth that this niche
welcomes."
    The text of the binding letter agreement for Euoko Inc. (USA) to acquire
all issued and outstanding shares of the private entity, Euoko Inc. (Canada)
from its private shareholders can be accessed by visiting the website address,
http://sec.edgar-online.com/2007/04/25/0001085037-07-000921/Section11.asp.
    Clarification Note: As Euoko Inc. (USA) will cease all of its current
operations before the completion of the aforementioned impending acquisition
of Euoko Inc. (Canada), it must be noted that certain past and future press
releases issued by Euoko Inc. (USA) have reflected and will reflect the
activities of Euoko Inc. (Canada) and the opinions of the management of Euoko
Inc. (Canada).
    
    About Euoko Inc. (USA) (OTCBB: EUKO):
    
    Euoko Inc. (USA) was in the business of manufacturing custom pieces of
jewellery on a piece-by-piece basis for its customers. On April 5, 2007, the
company entered into a binding agreement to purchase all of the issued and
outstanding shares of Euoko Inc. (Canada), a private company whose primary
business is the development, marketing and distribution of luxury skin
treatments. The company adopted its present name on May 24, 2007 to reflect
that the activity of Euoko Inc. (Canada) will represent the sole activity
Euoko Inc. (USA) upon closure of the impending acquisition. The Company has
discontinued its jewellery operation since entering into the aforementioned
merger agreement to acquire Euoko Inc. (Canada). For further information about
Euoko Inc. (USA), please contact Dwight Webb at 604-642-6410.
    
    About Euoko Inc. (Canada) (www.euoko.com):
    
    Euoko Inc. (Canada) is an emerging luxury brand that develops, markets
and distributes scientifically-advanced skin treatments. Its current portfolio
spans five treatment collections that target aging, dull skin tones, skin
protection, uneven pigmentation and blemishes. This product line offers
comprehensive solutions to such skin concerns as wrinkles, fine lines, under-
eye dark circles, dark spots, cellulite, acne, oxidation, environmental
exposure and skin fatigue. Combined with innovative products for basic daily
cleansing and facial priming, this product portfolio offers a complete line of
synergistic formulations that target the most demanding luxury consumer. The
company's well-appointed, understated primary and secondary packaging
communicates innovation, science and sophistication, while reflecting the
prestige positioning of the portfolio. The company sells its product line
through varied distribution channels in select North American, European and
Middle Eastern markets, as well as globally through its internally-operated,
multicurrency, multilingual website (www.euoko.com).  For further information
about Euoko Inc. (Canada), please contact Carmela Tassone at 858-366-4250 x
103.




For further information:

For further information: Dwight Webb, +1-604-642-6410, or Carmela
Tassone,  +1-858-366-4250 x 103, both for Euoko Inc. Web Site:
http://www.euoko.com

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