SALT LAKE CITY, July 20, 2005 (PRIMEZONE) -- Wisdom International, Inc. (Pink Sheets:WSMI) is now trading as an over the counter issue on PinkSheets.com as "WSMI.PK".
Wisdom International has experienced quarter over quarter growth in its insurance operation, International Re-Insurance, a wholly owned subsidiary of Wisdom International has achieved slightly over one hundred and fifty percent net profit increase in the second quarter of 2005 over the corresponding quarter of 2004, and just over one hundred percent increase from the first quarter of 2005.
The Company's mining operation, Wisdom Global Mining, has recently begun operation and is expected to generate revenue third quarter of this year. Wisdom Global Mining has begun to receive substantial orders for its non-nitrogen based fertilizer, Organic Miracle. Wisdom has garnered international interest in this product and is very excited about its future.
Additional information about Wisdom International products, services and customers can be found at www.wsdminc.com. (under construction)
About Wisdom International, Inc. (Wisdom International)
Wisdom International Corporation is a diversified holding company. Wisdom's reinsurance activities are conducted through its subsidiary, International Reinsurance Company, Ltd, with offices in Nevis, West Indies, Norwich, England and Dallas, Texas. Wisdom Global Mining conducts mining operations of organic agricultural, and health related products. Additionally, Wisdom International Corp. owns a real estate development company, Tamarack Development.
Forward Looking Statements
Some of the statements contained in this news release constitute forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including changes in general economic, political and business conditions, actions of current and potential competitors, ability to attract new and retain existing customers, and other factors could cause actual results to differ materially from the Company's expectations and these forward looking statements.