VANCOUVER, British Columbia, July 26, 2005 (PRIMEZONE) -- Newmark Ventures, Inc. (OTCBB:NWMV)("Newmark") reports that the Company has reserved the name Mangapets, Inc. with the State of Delaware and will ask the shareholders holding a majority of the Company's common stock to approve an amendment to Article 1 of the Company's Articles of Incorporation to change the name of the Company to Mangapets, Inc.
This proposed name change is a result of the Company entering into a Portal Development Agreement with Sygenics Interactive Inc. to design and develop a functional interactive web portal that will contain games, merchandizing, and activities inspired by the "Manga" theme.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward looking statements involve a number of risks and uncertainties. The actual results of Newmark may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Newmark encourages the public to read the information provided here in conjunction with its most recent filings on Form 10KSB and Form 10QSB. Newmark's public filings may be viewed at www.sec.gov.