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Eternal Image Quarterly Conference Call Draws More Than 200 Participants ^ Top
April 18th, 2007

Sales Anticipated to Reach $17-$20 Million Annually

FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETIM.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand image caskets and urns, today hosted a live, Internet-based question-and-answer session. The call, attended by more than 215 people, was led by Jim Parliament, the company's chief financial officer.

Topics discussed included results of first quarter sales, product manufacturing updates, the status of the company's previously announced stock buy-back plans and more.

During the call Parliament announced that projected sales for FY2007 are $3.1 million. He anticipated sales to grow to $17-$20 million annually within three-to-four years.

On behalf of the company Parliament noted that:

The financial audit is 75% complete and should be finalized by May 30 of this year.
Once the audit is complete the company will likely begin its stock buy-back.
Distribution agreements now include 14 companies covering 27 states. Two additional agreements are being considered at this time and the company continues to seek distribution partners in open states, particularly California.
Per the news release earlier this morning, EI will produce appliques and plaques for use on vaults in an exclusive agreement with the world's largest vault manufacturer, Wilbert Funeral Services, Inc.
EI is proactively seeking a strategic alliance in Europe.
The company will be attending the National Funeral Directors Association Expo in October in Las Vegas and plans to have a trade show booth on the main Expo floor.
Parliament also showcased the casket designs for two of the first eight Major League Baseball(TM)-branded caskets: the Detroit Tigers and the New York Yankees. All eight of the approved casket designs will be available for viewing on the website later today. In addition, the company anticipates that the next group of urns will debut on/about July 1 of this year.