InvestorsHub Logo
Followers 177
Posts 24445
Boards Moderated 13
Alias Born 04/03/2002

Re: ProfitScout post# 4963

Thursday, 03/29/2007 11:41:45 AM

Thursday, March 29, 2007 11:41:45 AM

Post# of 4978
Standard Holdings Acquires New Profitable Business

MCLEAN, VA, Mar 29, 2007 (MARKET WIRE via COMTEX) -- Standard Holdings Group Ltd., (PINKSHEETS: SNDH) has acquired a 50 percent interest in the profits of an investment program and system in exchange for 5 million shares of stock and the input of technical expertise.

The business is expected to generate immediate revenue and profits for Standard Holdings both as a result of ongoing operations and enhancements designed and developed by Standard Holdings.

This represents one of the acquisitions in the Company's ongoing diversified expansion plans.

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:
Standard Holdings Group Ltd.
703-821-3434


SOURCE: Standard Holdings Group Ltd.


Copyright 2007 Market Wire, All rights reserved.

-0-

SUBJECT CODE: Financial Services:Commercial and Investment Banking
Financial Services:Venture Capital
Financial Services:Retail Banking
Financial Services:Investment Services and Trading

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.