SALT LAKE CITY, July 22, 2005 (PRIMEZONE) -- Wisdom International (Pink Sheets:WSMI) is pleased to announce that its mining operation has received a significant new order.
Wisdom International has entered into an agreement to provide and fulfill an order for 5.2 million dollars ($5,200,000) of it Organic Miracle product. Organic Miracle is a non-nitrogen based fertilizer that can be applied by itself or as supplement to more expensive fertilizer products. Since its introduction, Organic Miracle has generated high interest levels, both in the U.S. and abroad.
Based on the revenues expected through the dynamic growth pattern of its re-insurance subsidiary and the Company's mining operation, Wisdom International projects its 2005 profits to exceed 3.5 million dollars ($3,500,000).
Additional information about Wisdom International products, services and customers can be found at www.wsdminc.com (under construction) and at www.pinksheets.com.
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.
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.