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Re: varok post# 33

Wednesday, 06/20/2007 1:45:31 PM

Wednesday, June 20, 2007 1:45:31 PM

Post# of 254
Openlimit Signs Agreement to Acquire ZAG Holding AG




Business Editors

BAAR, Switzerland--(BUSINESS WIRE)----
Openlimit, Inc. (OTCBB:OPLM) ("Openlimit") today announced that it
has reached an agreement to acquire ZAG Holding AG ("ZAG"), a
privately held Swiss corporation, in exchange for 21,000,000 shares of
Openlimit common stock.

The agreement further requires Openlimit to obtain shareholder
approval of the transaction, effect a 50:1 reverse split of its
outstanding common stock, increase the number of preferred shares
authorized to 50,000,000 and permit ZAG to nominate three individuals
for election to Openlimit's board of directors.

Openlimit intends to change its name to "SunVesta, Inc." and
consummate the transaction as soon as practicable.

ZAG, based in Zug, Switzerland, is focused on identifying,
purchasing, financing, developing and marketing luxury real estate
tied to the international hospitality industry. ZAG is finalizing the
acquisition of 8.5 hectares of prime property located in Guanacaste,
Costa Rica, as the site for the development of a USD $120 million
luxury resort and spa hotel, slated to open in November of 2009. ZAG
is also seeking to identify other promising hospitality properties in
emerging tourism markets that could suit its business model.

Openlimit is a public company currently without operations; its
common shares are quoted on the OTCBB under the ticker symbol "OPLM".

Forward Looking Statements

A number of statements contained in this press release are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended. A safe-harbor provision may not be
applicable to the forward-looking statements made in this press
release because of certain exclusions under Section 27A (b). These
forward-looking statements involve a number of risks and
uncertainties, including the sufficiency of existing capital
resources, and uncertainties related to the development of Openlimit's
business model. The actual results that Openlimit may achieve could
differ materially from any forward-looking statements due to such
risks and uncertainties. Openlimit encourages the public to read the
information provided here in conjunction with its most recent filings
on Form 10-KSB and Form 10-QSB. Openlimit's public filings may be
viewed at www.sec.gov.



KEYWORD: EUROPE SWITZERLAND
INDUSTRY KEYWORD: TRAVEL LODGING MERGER/ACQUISITION
SOURCE: Openlimit, Inc.


CONTACT INFORMATION:
Openlimit, Inc.
Henry Dattler, Chief Executive Officer
+41 (41) 560 10 23
or
ZAG Holding AG
Thomas Meier, Chief Executive Officer
+41 (41) 723 23 44



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