CDoor Corp. Completes Acquisition of Wanxin Bio-Technology Limited and Changes Name to Sinobiomed Inc.

SHANGHAI, CHINA -- (MARKET WIRE) -- March 02, 2007 -- CDoor Corp. (“CDoor” or the “Company”) (OTCBB: CDCX) (which is now named “Sinobiomed Inc.”) is pleased to announce that on January 12, 2007, the Company completed a Share Purchase Agreement, dated December 21, 2006, entered into between the Company, Wanxin Bio-Technology Limited (“Wanxin”) and all the shareholders of Wanxin (the “Share Purchase Agreement”) whereby the Company acquired 100% of the issued and outstanding shares in the capital of Wanxin, through the issuance of 1,750,000 shares of our common stock in aggregate to the shareholders of Wanxin.

MORE ON THIS TOPIC