ASXSF Elysee Development Corp (PK)

Remedent, Inc. (OTCBB: REMI), an international company specializing in the research, development, manufacturing of oral care and cosmetic dentistry products, today announced that it has signed three new distribution agreements with Den-Mat Holdings adding to its existing relationship: ? First, the distribution of Remedent�s Haptic Arm, that will enable Den-Mat to tap into Remedent�s veneer design software and its haptic design arm technology. Haptic technology relates to the technology that interfaces with the user through the sense of touch allowing the user to very sensitively control force and movement by applying the appropriate feedback to the user. ? Second, an OEM branded agreement for Remedent�s teeth sensitivity product (Remesense) whereby Den-Mat will distribute the product to the U.S. marketplace under the name Lumisense. ? Third, the U.S. distribution of a new tray-based foam product, Lumiboost, for the maintenance of veneers sold by Den-Mat. This product was successfully launched during the Destination Education event held in Las Vegas on the weekend of November 7-9th. Financial details of these agreements have not been disclosed. Remedent is pleased to announce that it has completed the required training for Den-Mat personnel at Den-Mat�s facility as set forth in the original distribution agreement announced on August 25, 2008 thereby releasing two payments of $1 million to Remedent. Additionally, Remedent will participate with the Denmat management team in the training of 30 of Denmat�s key dentists, opinion leaders and educators. Dr. Evelyne Jacquemyns of Remedent will be on hand to support the effort. Additional LumiTray training seminars have been scheduled for December during which month Remedent also expects to begin manufacturing LumiTrays for Den-Mat. Conference call The management team of Remedent will conduct a conference call to discuss its financial results for the second quarter ended September 30, 2008 and updated developments on Thursday, November 20th at 11:00 am ET. Interested parties in the U.S. may participate in the call by dialing (877) 407-8037; callers outside the U.S. may participate by dialing (201) 689-8037 about 5-10 minutes prior to 11:00 am ET. The conference call will also be available on replay starting at 3:00 pm ET on November 20, 2008, and ending on December 20, 2008. For the replay, U.S. participants please dial (877) 660-6853 (replay account # 313, replay conference # 304300). The access number for the replay for callers outside the U.S. is (201) 612-7415 (replay account # 313, replay conference # 304300). About Remedent, Inc. Remedent, Inc., a publicly-traded company on the OTCBB, specializes in the research, development, manufacturing and marketing of oral care and cosmetic dentistry products. With offices in California, Belgium and Singapore, Remedent distributes its products in more than 35 countries. For additional information, visit Remedent's web site at www.remedent.com.