NatureWell Incorporated Announces Name Change to "Brazil Interactive Media, Inc."; Completes Reverse Stock Split

NatureWell Incorporated Announces Name Change to "Brazil Interactive Media, Inc."; Completes Reverse Stock Split

MIAMI, May 31, 2013 /PRNewswire/ -- NatureWell Incorporated (OTCQB: NAWLD), today announced the effectiveness of its formal name change to "Brazil Interactive Media, Inc." (the "Company") and a reverse stock split of its common shares. As a result of the stock split, the temporary ticker symbol assigned to its common shares is "NAWLD". The Company expects to receive its new, permanent ticker symbol from FINRA within the next 20 business days.

As part of the merger agreement between NatureWell and Brazil Interactive Media, Inc., the Company will also convert all of its issued and outstanding Series G Convertible Preferred Stock to shares of its common stock. Upon the conversion, the Company's total outstanding shares of common stock on a post-reverse split basis will be 40,000,000. Further, all financial and shareholder updates provided by the Company will reflect the operations of Brazil Interactive Media, Inc.

Tim Psomiadis, CEO of Brazil Interactive Media stated, "We are in the final stages of our 'going-public' phase and the entire team at Brazil Interactive is energized. The media and entertainment industry is a growth market in Brazil and we believe we've carved out a unique niche which can create value for our shareholders."

About Brazil Interactive Media, Inc.

Brazil Interactive Media, Inc., is a U.S. holding company and the parent of Brazil Interactive Media Participacoes Ltda., which through its wholly-owned subsidiary, EsoTV Ltda., combines live television broadcasts with a telecommunications component to create live, interactive programming for the Brazilian marketplace. Through its platform, the Company manages the entire process from concept to national broadcast and monetizes call traffic generated for telecommunications providers.

Forward Looking Statements

This news release contains "forward-looking statements" which are not purely historical and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Company Contact:
Alan Hawkins, General Counsel
Brazil Interactive Media, Inc.
Main: (305)789-6621
Email: alan.hawkins@bzinteractive.com

Investor Relations Contact:
John Mattio, SVP
MZ North America
Main: (212)301-7130
Direct: (212) 301-7131
Email: john.mattio@mzgroup.us



SOURCE Brazil Interactive Media, Inc.

Brazil Interactive Media, Inc.


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