Published: October 20, 2005
Sciax Announces Name Change and Stock Symbol Change
Sciax Corp. (OTC: RMDG) announced
today that the company has filed Articles of Amendment for a name change
and a new ticker symbol has been issued for the company's public stock. On
September 29, 2005, the Company announced that its Board of Directors had
approved an amendment to Sciax's corporate structure that would effect a
reverse split of the shares of common stock at a ratio of 1 for 70. The
Company's name has been changed to RMD Entertainment Group and the new
stock symbol will be RMDG. The reverse split, name change and ticker symbol
change will become effective at 12:01AM EST on October 21, 2005. The common
stock will begin trading on a reverse split basis under the new ticker
symbol at the opening of trading on October 21, 2005.
About Sciax
RMD Entertainment Inc. Division
RMD has experienced good success on the international level with its dance
hits and productions involving a variety of styles by many well-known
artists. RMD has produced a wide variety of music including Hip-Hop, Pop,
World Music, Trance, Breaks, Tribal House, and Underground House Music.
RMD's producers have collaborated with some of the most influential names
in the music scene today such as Sting, David Byrne of the Talking Heads,
George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin
Scott, and Jazz Saxophone legend Bill Evans.
Sciax Defense Division:
Sciax Defense is an emerging leader in defense imaging systems for law
enforcement and military personnel engaged in counter-terrorism and other
special security operations. Sciax America Inc. and Sciax Technology Inc.
are wholly owned subsidiaries of Sciax Corp. Wolf Pack, the company's
tactical remote viewing system, is manufactured under license from Eomax
Corp., and is used by law enforcement and military organizations in North
America and Europe. Customers include military and law enforcement agencies
of the U.S. and German Governments, contraband interdiction units of Canada
Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the
results of operations and business of Sciax Technology Inc., Sciax America
Inc., RMD Entertainment Inc., RMD Entertainment Group and Sciax Corp. which
involves risks and uncertainties. The Company's actual future results could
materially differ from those discussed. Risks and uncertainties of the
Company will be detailed from time to time in the Company's periodic
reports. The Company intends that such statements about the Company's
future expectations, including future revenues and enforcement and defense
imaging system earnings, entertainment business prospects, entertainment
product earnings, and all other forward looking statements be subject to
the ``safe harbor'' provision of the Private Securities Litigation Reform
Act of 1995.
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