EXHIBIT 99.1
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Tuesday January 2, 2:24 pm Eastern Time
Press Release
Golden Soil Closes Definitive Agreement with Merilus Technologies Inc.
LAS VEGAS--(BUSINESS WIRE)--Jan. 2, 2001-- Golden Soil, Inc. (the "Company ")
(formerly OTCBB:GDSI) now (OTCBB:MERH - news) is pleased to announce that on
December 29, 2000, it closed the definitive agreement with Merilus Technologies
Inc. of Chilliwack, British Columbia, as announced October 26, 2000.
Highlights of the transaction are:
The Company has changed its name to "Merilus Inc." and acquired a new trading
symbol, being OTCBB:MERH.
A strong new board of directors has been elected, being Messrs. Gerald Allen,
Bruce Davies, John Paul DeJoria, Dana Epp, Aaron Fleck, Myron Gushlak, Gene
Hoffman, Ross Mrazek and Kevin Traas. For more information on Merilus' board of
directors please visit http://www.merilus.com/about/suit-directors.shtml
Management Agreements have been executed for all key executive members
reflecting the commitment and confidence of the executive team.
"This follows our strategic plan of taking our company public to fulfill our
vision for Merilus" says Mr. Dana Epp, co-founder of Merilus Technologies Inc.
and the company's president and CEO. "We are very excited about the coming year
and pleased that we have set the stage to allow our corporate growth."
One final order is still required from the British Columbia Securities
Commission in connection with the exchangeable shares issued to the original
shareholders of Merilus Technologies Inc..
About Merilus
Merilus delivers intelligent products that simplify the process of digital
security for organizations connecting to networks. FireCard is the first
firewall on a PCI Card currently on the market deploying Merilus' Gateway
Guardian line of software that provides firewall and virtual private networking
as part of a network's digital security solution. Merilus products are easy to
use and provide powerful protection from unwanted digital intrusion or data
security risks for the SME markets requiring network connectivity. More
information about Merilus security products can be found at www.merilus.com
MERILUS, INC.
Dana Epp, President and CEO
THE SEC AND NASD HAVE NOT REVIEWED AND DO NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Forward-looking statements
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and comments in this press release are made pursuant to safe harbor provisions
of the Securities Exchange Act of 1934. Certain statements which describe the
Company's intentions, expectations or predictions, are forward-looking and are
subject to important risks and uncertainties. The results or events predicted in
these statements may differ materially from actual results or events. Factors
which could cause results or events to differ from current expectations include,
among other things: the impact of rapid technological and market change; general
industry and market conditions and growth rates; international growth and global
economic conditions, particularly in emerging markets and including interest
rates and currency exchange rate fluctuations; and the impact of consolidations
in the technology industry. These risks may further be discussed in periodic
reports and registration statements to be filed by the Company from time to time
with the Securities and Exchange Commission in the future.
Contact:
Merilus Inc.
604/792-0100
1-877-MERILUS
Fax 604-792-0911
www.merilus.com
