Livechain Inc (LICH)

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SunnComm International Becomes The Amergence Group
Wednesday May 23, 9:00 am ET

Company Will Earn Equity and Revenue for Assisting Emerging Businesses

PHOENIX, AZ--(MARKET WIRE)--May 23, 2007 -- SunnComm International, Inc. (Other OTC:SCMI.PK - News) announced today that it has changed its name to The Amergence Group. The name change reflects the new corporate focus. The Company has applied to NASDAQ for a symbol change which it will announce as soon as it becomes available.

The Amergence Group, whose mission statement was first announced publicly in a press release on January 26 of this year (http://biz.yahoo.com/iw/070126/0207897.html), will immediately begin to focus on acquiring and assisting promising new business ventures not wishing to run the gauntlet of challenges required of entrepreneurs who elect to follow the traditional venture capital route. "Venture groups today accept only a very small percentage of investment opportunities presented to them," says Peter H. Jacobs, the company's managing director. "Some very worthwhile businesses die from a lack of early funding and contact opportunities at critical stages in their early growth years. The Amergence Group will provide a safety net for a very select group of innovative business owners wishing to retain control of their companies while, at the same time, attract the business resources required to fuel their company's growth, profitability and success."

The Amergence Group's current optical media technology subsidiary, TranzByte, Inc. will continue its mission to develop and market its flagship DVD enhancement product called DVCD(TM) along with the company's compact disc enhancement technology called CDMX(TM).

The Amergence Group will earn revenue and equity from capital raised and services performed for the emerging companies under its wing and plans to announce its first acquisition within the next 30 days. Shareholders may expect further announcements regarding staff additions, as well as website and symbol changes as these events occur.

ABOUT THE AMERGENCE GROUP

The Amergence Group (Other OTC:SCMI.PK - News) focuses on the development, nurturing and rapid expansion of selected emerging companies across a wide range of industries and disciplines. The primary goal of the new business development enterprise is to coordinate services and activities which foster and promote a business environment capable of accelerating the growth of innovative companies. The Company believes it can attract new and early growth businesses wishing to take advantage of resources not generally available to them such as mission-critical capital in addition to legal, accounting, and public relations resources. In exchange, the Company will retain a small minority ownership position in the promising new businesses. The Company is currently reviewing comprehensive due diligence packages from a number of potential target companies within diverse industries ranging from medical to legal to entertainment.

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This news release contains predictions, projections and other statements about the future that are intended to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of l995 (collectively, "forward-looking statements"). Forward-looking statements relate to various aspects of the Company's operations and strategies, including but not limited to the effects of having experienced significant losses in the past and the risk that the Company may incur losses in the future; the Company's limited liquidity and significant indebtedness; its sales forecasts for future periods not being; the Company's marketing, product development, acquisition investments, licensing and other strategies not being successful; possible future issuances of debt or equity securities; new business development and industry trends; the possible need to raise additional capital in order to meet the Company's obligations and most other statements that are not historical in nature. Important factors that could cause actual results to differ materially from those described in the forward-looking statements are described in cautionary statements included in this news release. In assessing forward-looking statements, readers are urged to consider carefully these cautionary statements. Forward-looking statements speak only as of the date of this news release, and the Company disclaims any obligations to update such statements.


Contact:

Company contact:
Peter H. Jacobs
602-267-7500
[e-mail]

Investor contact:
Investor Relations
602-231-0681
[e-mail]