Michael Brown, President of Remington Ventures Makes Historic Meeting with Michael Skillern of QuantumBit Induction Technologies in Houston, TX Remington Ventures and QuantumBit Move Forward Towards the Completion of their Joint Venture in Trading Software NEW YORK, June 10 /PRNewswire-FirstCall/ -- Remington Ventures Inc. (OTC:RMVN) (BULLETIN BOARD: RMVN) President Michael Brown recently returned from a highly anticipated trip to Houston, Texas, where he met with Michael Skillern, the President of QuantumBit Induction Technology (OTC:QBIT) (BULLETIN BOARD: QBIT) , and Mr. Skillern's dedicated staff of professionals, to discuss the progress of the development of QuantumBit's Predictive Programmed Trading Project. QuantumBit agreed to share this project with Remington Ventures, Inc., in a contract entered into between the two companies in February, 2005. Upon his return from Houston, Mr. Brown was heard to state, "Mike Skillern and his team more than impressed me, and my faith in our achieving our mutual goal of bringing a working predictive programmed trading system to our shareholders has never been stronger. These guys are sharp, and I am most pleased to be working with them." The statements in this press release are not forward-looking. Anyone considering Remington Ventures, Inc. common share ownership should first understand the Company. DATASOURCE: Remington Ventures Inc. CONTACT: Michael Brown of Remington Ventures, Inc, +1-917-210-7444, Fax, +1-917-210-8182 Web site: http://www.remingtonventures.com/

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