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Re: ProfitScout post# 4967

Friday, 07/27/2007 9:40:46 AM

Friday, July 27, 2007 9:40:46 AM

Post# of 4978
Standard Holdings Semi-Annual Update

U.S. Plant Planned

MCLEAN, VA, Jul 27, 2007 (MARKET WIRE via COMTEX) -- Standard Holdings Group Ltd. (PINKSHEETS: SNDH) has provided its semi-annual update on the state of its business, including the progress and expansion of its divisions.
Medical Manufacturing:

The Division continues to have a multi-month backlog of orders, and as a result, is in negotiations with two state government economic development agencies to open a plant in the United States. The first state offer includes a $1.35 million package of cash, tax relief, and employee training. This plant will be in addition to the Company's Canadian plant. Additional machines have been committed to the production of the Company's most popular products and for expansion into new products. The Company has continued to enjoy productivity gains, which have lowered product costs and increased profitability.

Investment System Division:

This new acquisition has been integrated into the business over the last several months and is on a profitable growth curve that is expected to significantly add to the Company's earnings. It is of note that the Company has brought a value-added benefit to the system that has proven to enhance its performance.

Business Expansion:

The Company continues to seek new opportunities that are compatible with management's areas of expertise.

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.



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