VENUS BEAUTY SUPPLY, INC. ANNOUNCES ACQUISITION OF FERMAVIR RESEARCH, INC. AND CLOSING OF PLACEMENT

Venus Beauty Supply, Inc. (OTCBB:VBSS) today announced it completed the acquisition of FermaVir Research, Inc., a stock redemption and closing of a related private placement. The company also approved a 38.25 for 1 stock split and change of name from Venus Beauty Supply, Inc. to FermaVir Pharmaceuticals, Inc., which will become effective on August 22, 2005. The company anticipates that the trading symbol will be changed by the OTCBB on or about August 22, 2005 and will provide further information when available.

CCN Matthews (http://www.ccnmatthews.com/news/releases/show.jsp?action=showRelease&actionFor=552456)