SUTIMCo International Announces Recapitalization Plan for 2011 and 2012

SANTA ANA, Calif., Nov. 8, 2011 /PRNewswire/ -- SUTIMCo International, Inc. (Pink Sheets: SUTID) announced today a recapitalization plan for the balance of 2011 and 2012.  SUTIMCo International completed the acquisition of SUTIMCo Inc. in 2011 and as a result, the Company has dramatically increased its sales and is now profitable for the first time.

In order to complete the acquisition and the necessary equity financing of its new business model, the Board has elected to conduct a 1500 to 1 reverse stock split.  The new fully diluted share structure by the end of 2011 is expected to be 30,000,000 shares outstanding.  As a result of this announcement, the stock symbol will be changed temporarily from SUTI to SUTID for a period of 20 business days after November 8, 2011.

Based upon the 6 month financial statements for Period Ending June 30, 2011, the Company will now show Earnings Per Share of $.03 based upon a Net Profit of $963,143.

SUTIMCo International finished the 6 months ending June 30, 2011 with revenues of $1,827,500 and a Net Profit of $963,143.  The Company's increase in sales are a result of Venture Accelerator Agreements signed with various University based technology companies.

"Although we understand the concerns of our shareholders, the Company believes this recapitalization plan is necessary to continue its growth objectives as we continue to finance the University Technologies that we acquire. We expect the profitability to continue and the new share structure will allow us to better reflect Earning Per Share," stated Fred Rogers, Chairman of SUTIMCo International, Inc.

For more information on SUTIMCo, its portfolio companies, and University partners, please visit; http://www.suti.com

About SUTIMCo International, Inc.:

SUTIMCo International Inc. is a holding company, which utilizes a unique and established platform to launch new technology enterprises based on world-class university research discoveries. SUTIMCo International through its wholly owned subsidiary SUTIMCo, Inc., provides experienced management to early stage companies, reducing risk and assuring the know-how in launching and growing a new company. In addition to this skilled management team, SUTIMCo can avail itself of the encyclopedic, informal knowledge of the inventor, his experience and his research team.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Source: SUTIMCo International, Inc.
Investor Relations
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SOURCE SUTIMCo International, Inc.