Techalt, Inc. Signs Letter of Intent to Purchase Rim-Ice Product Formula and Trademark

SEATTLE--(Business Wire)--
Techalt, Inc. (PINK SHEETS: TCLT) ("Techalt" or "Company")
announced today that it has commenced negotiations to acquire the
product formula and the trademark ownership and rights for Gorlen,
Inc.'s ("Gorlen") product, Rim-Ice. The Company received a signed
letter of intent from Gorlen outlining the proposed asset purchase
agreement by the Company. Gorlen's Rim-Ice brake dust repellent has
been sold to automotive dealerships including BMW, Volvo, and Nissan
as well as automotive parts and convenience stores, such as NAPA Auto
Parts and Walgreens in the southern region of the United States.

Rim-Ice inventor/developer M. Gordon, the primary driving force
behind the product, states, "We are excited about the possibilities
and the potential for Techalt to facilitate the national promotion,
distribution and sale of Rim-Ice. Our goal is nationwide exposure in
high-end automotive dealerships, automotive detail stores, motorcycle
sales and parts stores, drug and convenience stores. We have just
completed the early-launch/market research stage. After a long search,
we believe that uniting with Techalt Inc. is the right move at the
right time!" Gorlen successfully launched the early launch/market
research stage without the exposure from a formal marketing campaign
and has since consistently received re-orders from the test markets
for additional stock of the Rim-Ice product.

During its negotiations with Gorlen, Techalt intends to develop a
national marketing campaign in order to reach the initial target
market of the southeastern region of the United States, then launch a
national sales and marketing campaign using a combination of radio,
television, online and direct distribution methods.

About Gorlen, Inc./Rim-Ice:

Rim-Ice is a consumer product designed and developed by Gorlen,
Inc ("Gorlen"). Gorlen is a specialty chemical company which
specializes in the innovative design and development of new consumer
products for the automotive industry.

About Techalt:

Techalt is a public holding company dedicated to pursuing
acquisition, licensing and financing opportunities with start-up and
mid-stage companies. Techalt focuses on companies with innovative or
alternative technologies, particularly in the software,
communications, environmental and health and wellness sectors.

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended ("the
Exchange Act"), as such, may involve risks and uncertainties.
Forward-looking statements are based upon certain assumptions and
describe future plans, strategies and expectations, are generally
identifiable by the use of words as "believe," "expect," "intend,"
"anticipate," "project," or other similar expressions. Forward-looking
statements relate to, among other things, future performance, and
perceived opportunities in the market and statements regarding the
Company's mission and vision. The Company's actual results,
performance and achievements may differ materially from the results,
performance, and achievements expressed or implied in such
forward-looking statements. Additional factors could materially affect
these forward-looking statements and/or predictions include, among
other things: (1) managing acquisitions and expansion of operations;
(2) obtaining necessary financing and managing existing debt; (3)
completing the investigation, acquisition and integration of new
business opportunities; (4) complying with federal, state and local
government and international regulations; and (5) other factors over
which we have little or no control.

For Techalt, Inc.
Joseph J. Malone, 786-375-0556
Information@EquityDigest.com
www.EquityDigest.com

Copyright Business Wire 2008