MIAMI, March 24, 2004 (PRIMEZONE) -- Azur International, Inc. (OTC:AZUR.PK) announces the name change of its wholly owned subsidiary, Mingo Bay Development Corp., to Azur Development Corp. This change coincides with the launch of their newly designed website which can be found at www.Azur-Int.com.
Azur International, Inc., based in Miami, Florida, is a publicly traded holding company that currently develops and markets luxury residential and resort properties. Azur Development Corp., a subsidiary, is responsible for the construction of the various projects. Place des Arts is one of three luxury residential projects Azur is currently developing in Fort Lauderdale's Las Olas area. Additionally, there are several real estate operations under consideration, including the purchase and development of luxury hotels, domestically and internationally, and land purchases in strategic areas that will provide a revenue base from future development or sale.
For additional information about Azur International, Inc, please visit their website at www.Azur-Int.com.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 may provide a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of Azur International, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.