Friday, December 19, 2008

( Eternal Image Takes Big Step Towards OTCBB Upgrade

FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (the “Company”) (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced that the Company’s registration statement on Form S-1 has been declared effective by the SEC. As a result of the registration process, Eternal Image has become a fully reporting company. The Company will now have an application submitted to FINRA (the Financial Industry Regulatory Authority) for approval to have its common stock traded on the Over The Counter Bulletin Board (OTC:BB - News). This is a process that is expected to take approximately 30 days.

“This is a major milestone for our company,” said Clint Mytych, CEO, Eternal Image. “The SEC registration process took our team more than a year, including the pre-filing preparation and drafting responses to the SEC’s customary Comments. We have worked extremely hard to bring the Company this far.”

“It is our goal to be on the OTC:BB this winter, which will make the stock more transparent for our shareholders,” added Mytych. “We believe the future growth of Eternal Image relies on the open relationship we have with our investors. We are elated as a company to have reached this critical stage. This positions us to for considerable future growth and provides us with access to necessary growth capital.”

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