Standard Holdings Group Ltd (fka SNDH)

[ProfitScout]

Standard Holdings Group Announces $1.5 Million Sale

MCLEAN, VA--(MARKET WIRE)--Nov 11, 2005 -- Standard Holdings Group Ltd. (Other OTC:SNDH.PK - News) announced an agreement in principle to sell its current and potential international currency trading contracts and third-party currency trading software rights to EFEX Trading LLC for $1.5 million. Standard Holdings will retain proprietary trading rights for the software.

The amount due will be paid in cash with the first installment due immediately and the balance on a note over the course of 12 months.

This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

For more information visit the Standard Holdings Group web site at http://www.standardholdingsgroup.com


Contact:
Contact:
Standard Holdings Group Ltd.
703-821-3999


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Source: Standard Holdings Group Ltd.