Knado, Inc.
Life & ART Group, Inc.: Results of General Annual Meeting 2008
Life & ART Group, Inc. / AGM/EGM/Change of Personnel Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- The Life & ART Group, Inc. with headquarter in Dover (Delaware) announces as an essential step of the restructuring her name change, and will handle in the future under 'Knado, Inc.'. At the same time Mathias Heilmann a degreed business data processing specialist from Berlin, Germany, will appointed to the new CEO and President of Knado, Inc. He will take over 20 % of the company shares after the general meeting held on the 2008-09-19. In addition the enterprise is planning the buyout of www.stylecars.de, the worldwide number 1 in the area 'Autotainment' of marketplace. The offer from www.stylecars is addressing to the tuning municipality increasing in the German-speaking region. The website content should maintain, inform and also sell. With focus on the niche tuning exclusively noble or improved cars are offered. Beside the platform brings together more than only supplier and buyer. Www.stylcars.de is connecting the users and customers by the union of commerce and community which create the factors for another growth potential. The purchase price for the buyout of www.stylecars.de is paid by a combination of an asset exchange and cash component. About other details silence was agreed by both sides. For the buyout of the sales platform also developed by Mr. Heilmann www.picolodia.com is currently hold on a conversation. With the name change and new adjustment as Knado, Inc the Life & Art Group, Inc. on the way proceeds in the new media. All present participation was sold and only two brand rights are led furthermore as assets. Nevertheless they form no more essential property object because of her low acquisition cost. The web page www.lifeandartgroup.com was shut down with date from 2008-09-19 and is referring in the future only on www.stylecars.de. The company is listed to the security stock exchange of Frankfurt and Berlin and is traded in the electronic computer system XETRA. The characteristics are up to now: ISIN: US5317421049 WKN: A0KDUJ Investor Relations & Corporate Communications: JetterPR Doris Jetter Notzinger Strasse 4 73230 Kirchheim u. Teck Phone +49 7021 53609 27.09.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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