DGAP-News: DRYWAVE Technologies, Inc. Engages Audit Firm for Uplisting to Entry Standard

DGAP-News: DRYWAVE Technologies, Inc. Engages Audit Firm for Uplisting to Entry Standard

ID: 135056

(firmenpresse) - DGAP-News: Drywave Technologies Inc. / Key word(s): Miscellaneous
DRYWAVE Technologies, Inc. Engages Audit Firm for Uplisting to Entry
Standard

16.04.2012 / 12:10

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DRYWAVE Technologies, Inc. Engages Audit Firm for Uplisting to Entry
Standard

Toronto, Canada - April 16th, 2012 - DRYWAVE Technologies, Inc. ('DRYWAVE')
has engaged Gregory Scott International ('GSI') of Chicago to undertake an
audit of DRYWAVE's financial statements in connection with the Company's
planned uplisting to the Frankfurt Stock Exchange ('FSE') Entry Standard.

Under recently released rule changes from the FSE, companies on the
Regulated Market may uplist to the Entry Standard without submitting a
formal prospectus by providing the FSE with the latest two years of audited
financial statements on or before June 30, 2012. Drywave's management fully
expects to meet these requirements well in advance of the deadline.

'We are pleased to engage Gregory Scott International for this important
audit task to allow our Company to meet FSE requirements for the Entry
Standard. This will be the second audit performed by GSI on DRYWAVE, the
first being last year when their audit was a key step in DRYWAVE achieving
our initial listing,' said Steve Howe, DRYWAVE's CEO.

DRYWAVE's SolaJet Massage System combines a soothing full-body wave of warm
water with powerful deep tissue massage. The Company has sold several
hundred SolaJet Massage Systems in test markets and will aggressively
expand its international sales efforts in the coming months.

About Gregory Scott International

Gregory Scott is a public accounting firm that provides audit, tax, and
advisory services to companies across the globe. Gregory Scott works
primarily with clients listed on a major European stock exchange such as




the Fankfurt, Berlin, or the LSE.

For more information visit: www.gregoryscottinternational.com



About DRYWAVE Technologies, Inc.

DRYWAVE is developing and commercializing breakthrough personal health
products leveraging the company's deep experience in the massage market.
DRYWAVE's flagship offering, the SolaJet Massage System, combines a
soothing full-body wave of warm water with powerful deep tissue massage. No
other form of massage combines the therapy, safety, convenience, value or
pure enjoyment of the SolaJet experience.

For more information visit: drywavemassage.com

Contact

Steve Howe
DRYWAVE Technologies Inc.
showe(at)solajet.com
info(at)solajet.com


End of Corporate News

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16.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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165064 16.04.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 16.04.2012 - 12:10 Uhr
Sprache: Deutsch
News-ID 135056
Anzahl Zeichen: 4084

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Kategorie:

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