SunVesta Inc. (fka SVSA)

[atout]

Board needs updated to reflect name change:

OPENLiMiT Announces Name Change, Reverse Split and New Symbol
Friday August 24, 4:05 pm ET


BAAR, Switzerland--(BUSINESS WIRE)--OPENLiMiT, Inc. today announced that its trading symbol on the Over the Counter Bulletin Board "OPLM" will change to "SVSA" effective at the open of business on August 27, 2007 to reflect a name change to "SunVesta, Inc." and a reverse split consolidation of common stock on a 50:1 basis. The name change and reverse split are to be effected in connection with the terms and conditions of the agreement to acquire ZAG Holdings AG, which transaction is expected to close on August 27, 2007.


The consolidation of OPENLiMiT, Inc. common stock reflects a reverse split of fifty (50) old common shares for each one (1) new common share held at the close of business on August 24, 2007.

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.

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, Inc's business model. The actual results that OPENLiMiT, Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. OPENLiMiT, Inc. 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, Inc.'s public filings may be viewed at www.sec.gov.



Contact:
OPENLiMiT, Inc.
Henry Dattler, [phone]
or
ZAG Holding AG
Thomas Meier, [phone]

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Source: OPENLiMiT, Inc.