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(COMTEX) B: Whitemark Homes Inc. Signs Letter of Intent ( BusinessWire )
B: Whitemark Homes Inc. Signs Letter of Intent ( BusinessWire )

SARASOTA, Fla., Aug 22, 2008 (BUSINESS WIRE) --
Whitemark Homes, a Florida based company (OTCBB:WTMK), has agreed
to merge with Bluesky Oil and Gas Corporation, an Alberta Based
Company. Whitemark Homes, based in Sarasota, Florida, said it has
signed a non binding letter of intent to merge with Bluesky. The
Company said it expects to close the deal in the next 45 days.

Bluesky oil and Gas Corp. is a natural gas company that has
proprietary rights, and patented technology and the expertise to
produce natural gas from marginal gas wells drilled in hospitable
locations such as the limited access areas of Northern Alberta.

Whitemark Homes previously engaged in the development of lots and
construction and sale of singe family homes. Currently Whitemark is
seeking to buy or acquire a business. Barry Reese, President of
Whitemark Homes said, "We are pleased to make this announcement and
move this company forward. We believe this merger will be good for our
shareholders."

Safe Harbor Statement:

This Press Release contains "forward-looking" statements within
the meaning of section 21A of the Securities Exchange Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934 as
amended and is subject to the safe Harbors created hereby. Such
statements involve certain risks and uncertainties associated with an
emerging company. Actual results could differ materially from those
projected in the forward-looking's statements as a result of risk
factors discussed in Whitemark Homes Inc. Reports that will be on file
with the Securities Exchange Commission.

SOURCE: Whitemark Homes
Whitemark Homes, Sarasota
Barry Reese, 941-952-5885
Copyright Business Wire 2008
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