Charista Global Announces Agreement with Prince Alexander Sefre to Launch HILA (High Intensity Liquefied Admixture) Product in Saudi Arabia and Russia

http://www.businesswire.com/news/home/20091008006308/en

NEW YORK--(Business Wire)--
Charista Global Corp.(CHRG-Pink Sheet) announced today it has entered into an
agreement with Prince Alexander Sefre, an Architect and Member of the Royal
Institute of British Architects, to launch our HILA (High Intensity Liquefied
Admixture) product in Saudi Arabia and Russia. Prince Alexander Sefre released
the following press release:

Prince Alexander Sefre in the Kingdom of Saudi Arabia.

Prince Alexander, who is an Architect and Member of the Royal Institute of British Architects, was approached in August 2009 by Charista Global, a US-based company, to launch their product HILA into Russia and Saudi Arabia.

The contract between the parties was signed at the end of August 2009 and two million restricted shares of the company were subsequently offered to Prince Alexander. Since then Prince Alexander has been in discussions with both the Russian and Saudi
Arabian authorities.

Prince Alexander has signed a contract in Riyadh with Her Royal Highness Princess Al Gawahara Bint Fahad Bin Saad Bin Saud Bin Abdulaziz Saud for close collaboration on major construction projects in Saudi Arabia. He is also in discussion with the Ministry
of Transportation for the Kingdom.

Prince Alexander has now early this month through his representative office in Saudi Arabia been successful in presenting HILA to Prince Fahd bin Sultan bin Abdulaziz, the Governor of Tabouk Region.

Tabouk city has the second largest military airbase in the world. The discussions on HILA are continuing and Prince Alexander is due to travel to Saudi Arabia to sign a JV partnership on behalf of Charista Global with the Saudi authorities. A test is
planned to build a 2000 Metre runway suitable to land a Boeing 747. This major test using the HILA product seeks to change the face of construction in Saudi Arabia by reducing cement input by 90% as well as changing sand to stone, thus enabling road
construction to become more effective at a lower cost. Princes Alexander is intending to issue shares for the JV Company to be created in Saudi Arabia and the IPO is to follow in the Saudi stock market by 2nd January 2010.

Estimated construction costs in Saudi Arabia and the Persian Gulf region from Bahrain to Oman and Yemen using HILLA may exceed 750 B USD over the next 10 years, which is a clear indication of the rising share value potential.

Prince Alexander is also in close discussion with the authorities in Russia for the launch of HILA in the Russian and CIS countries. A major road construction project at federal level in Russia is underway to connect Moscow to Beijing through Kazan the
capital of Tatarstan.

The same principle to launch HILA as in Saudi Arabia is underway also in Russia and shares are to be issued for the JV partnership.

Prince Alexander is currently in discussion also with the major Russian contractors, involved with the Olympic village of Sochi in Russia.
Estimated construction costs in Russia and CIS countries are four times higher than the middle east over the next 10 years.

About Charista Global Corporation

A patented state of the art technology company, produces HILA (Highly
Intensifying Liquefied Admixture). HILA compresses and solidifies fossil fuels,
which are the main sources of industrial energy. They can then be utilized in
public works, such as construction of road foundations and sub-foundations,
dams, banks and land/sea reclamation and producing construction materials. The
technology is also used in steel making furnaces, boilers in thermal power
plants and kilns in cement factories. For more information visit our website
www.charista.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: This release includes forward-looking statements intended to qualify for
the safe harbor from liability established by the Private Securities Litigation
Reform Act of 1995. These forward-looking statements generally can be identified
by phrases such as its management "believes," "expects," "anticipates,"
"foresees," "forecasts," "estimates" or other words or phrases of similar
import. Similarly, statements herein that describe the Company's business
strategy, outlook, objectives, plans, intentions or goals also are
forward-looking statements. All such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those in forward-looking statements.

Charista Global Corporation
Peter Hyun, 718-813-4833
Managing Director

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