SUTIMCo International, Inc. Signs New Venture Accelerator Agreement with Capwave Sensor, Inc.

SANTA ANA, Calif., July 14, 2011 /PRNewswire/ -- SUTIMCo International, Inc. (Pink Sheets: SUTI) is pleased to announce that the Company has signed a new Venture Acceleration Agreement with Capwave Sensor, Inc. The new agreement calls for Capwave to pay SUTIMCo an initial fee of $100,000 to be paid upon the execution of the Agreement. During the term of the Agreement SUTIMCo will receive an annual retainer of $930,000 a year for 3 years as well as a 6% royalty of gross revenues.  

According to the terms of the new Agreement, SUTIMCo has the right to earn a 15% equity stake of the portfolio company upon a liquidation event. SUTIMCo will work closely together with Capwave Sensor to accelerate the commercialization of their technologies and increase the Company's potential earnings based upon pre-determined milestones. Currently, SUTIMCo is participating in the evaluation of technology-based projects from six major American Universities including UC San Diego, Arizona State University and Penn State University for their commercial viability.

In addition, SUTIMCo will have the option to acquire an additional 15% equity position in the portfolio company for a period of 2 years. This offers SUTIMCo the ability to acquire equity in those projects that appear most promising at favorable prices. The new Agreement also stipulates that SUTIMCo shall be appointed to the board of directors of each client company.

As outlined in the "Letter to Shareholders" (available at http://www.otcmarkets.com/stock/SUTI/financials), the SUTIMCo business model has generated immediate results through the signing of three separate Venture Accelerator Agreements, which are expected to result in more than $1.8Million in annual revenue.  SUTIMCo, Inc. has currently partnered with three start-up companies conceived from Texas A&M, the University of Arizona and SUNY Binghamton and developed technologies looking to take their innovative leading edge research to the marketplace.

"SUTIMCo is constantly monitoring new technologies which meet our criteria of significant emerging markets and high capital appreciation for our shareholders and we will be adding as many new technologies as capital formation will allow," 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.

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SOURCE SUTIMCo International, Inc.