Effective October 02, 2008, TechAlt Inc. changed its OTCPK stock ticker symbol to TECA from TCLT.

Techalt, Inc. recently fulfilled its obligations required to close on an aggregate of $1.9 million in financing from a private Investment Company, and intends apply the Financing to incubate three portfolio products or companies currently under its banner to a minimum of $10 million in annual sales and $1.5 million in EBITDA. Those portfolio companies are Stan's Rodeo Ointment, Cascadia Industries Incorporated and Gorlin, Inc's Rim-Ice. If Techalt achieves these results, management intends to manage each individual business as a wholly-owned subsidiary of the Company, while entertaining potential spin off or sale opportunities that would provide positive returns for Techalt shareholders.

Techalt, Inc. announced that the company has fulfilled its obligations required to close on $1.9 Million in financing from a private Investment Company. The Company intends to use the proceeds from the Financing to finalize and close asset and business acquisitions consistent with the Company's business model of incubating development stage concepts. Dave Moore, CEO of Techalt said: "We are very excited at the prospect of further driving our business with the financial support provided by the Financing. Techalt is committed to expanding our current portfolio by acquiring additional assets and innovative technologies which will increase the Company's value for our shareholders."