Monday, February 27, 2012

Summit National in Negotiations With Major Online Shopping Network.

Business Editors

CLEARWATER, FLORIDA--(BUSINESS WIRE)--Sept. 10, 2002

Interlabs' Superwipes(TM) Line of Biosolvant(R)

Products Already Accepted for Inclusion on

Multiple High-Volume Internet Shopping Sites

Interlabs, Inc., whole subsidiary of Summit National Consolidation Group, Inc. (SMNC.PK), announced today that it is in late stage negotiations with a major North American online shopping network to begin selling its Superwipes(TM) line of organic BioSolvant(R) consumer products on its Internet shopping sites. The company expects to finalize the online sales contract in the next few days.

"This is an important step for Interlabs and Summit National," says Mario Quenneville, President and CEO of Summit National Consolidation Group, Inc., and its Interlabs, Inc., subsidiary. "The company that we are negotiating with has a solid reputation for being very selective about the products they carry on their extensive network of online shopping sites. We have just gotten word that this network's review board has accepted our application for inclusion on their sites and it is now up to us to sign on and to begin selling our non-toxic Superwipes(TM) products to their expansive consumer base. We believe this will be a lucrative market for us and expect to close the deal within the next week."

Since being acquired earlier this year by Summit National, Interlabs has secured its first private label marketing agreement with the international nail and skin products company, Barielle Sales Corporation, has signed an exclusive manufacturing agreement with Concepts Marketing Solutions, has negotiated its first exclusive multi-million dollar distribution agreement with The Albadranha Group to sell its products in the United Arab Emirates and is also in the middle to late stages of several other large international distribution contracts.

Interlabs' products are already available under its own name or branded under the Barielle name in a growing number of retailers, including Bloomingdale's, Neiman-Marcus and Macy's as well as in regional and national drug chains, cosmetic specialty stores and salons. This latest deal would significantly widen the market for Summit National's growing line of organic consumer products. Summit National has also taken most of the necessary steps to fast track the company's admittance for listing on the OTC Bulletin Board.

About Summit National Consolidation Group, Inc.

Earlier this year, Houston-based Summit National Consolidation Group acquired Interlabs, Inc., a privately held company that manufactures and markets revolutionary non-toxic, organic Superwipes(TM) products using its proprietary Biosolvant(R) and other secret formulas. With the acquisition of Interlabs, Inc., Summit National is in the process of organizing an international consumer product-manufacturing network. The company is planning to launch a highly aggressive acquisition campaign that will enable it to create an integrated platform that offers manufacturing, distribution, marketing and product fulfillment services worldwide. Summit National trades on the Pink Sheets under the trading symbol SMNC. Visit BigCharts.com at http://bigcharts.marketwatch.com for a quote on the company's stock.

About Interlabs, Inc.

Interlabs' cosmetic and cleaning products have been developed from organic materials. They have been designed with pleasant fragrances and can be used in many applications, such as fingernail polish remover, vitamin E applicators, make up remover, sneaker cleaner wipes, instant shoe shine wipes, acne treatment wipes, eye glass, cleaner and defogger, car interior leather cleaning pads, etc. These SuperWipes(TM) products are sold in leading food, drug, convenience and beauty supply stores throughout North America and around the world. More SuperWipes(TM) products are planned.

This release contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," "should" or "might" occur. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

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