RCC Holdings Corp fka RCCH

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http://ih.advfn.com/p.php?pid=nmona&cb=1239717980&article=37277866&symbol=NO^RCCH

RCC Continues Positive Growth in Adverse Economy

RCC HOLDINGS, CORP. ("RCC") (Pink Sheets:RCCH) and its subsidiaries have completed a joint venture agreement with CP of Bozeman, Inc. allowing it to expand its IWS subsidiary into the green housing market in the Montana area. The effort will attempt to provide green solutions to Montana homeowners, and will allow its IWS subsidiary to continue expansion to provide environmental services current existing home markets. Initial marketing and sales setup work will continue through the week ending April 24 in Montana.

In addition, the company, in its effort to begin initiatives relative to its new strategic direction, has been involved in conversations with companies who are involved in major projects on three continents, providing short and long term potential for RCC growth. These projects involve RCC’s new thrust into rural economies and represent a meaningful step forward in the direction of its strategic plan. In that regard, RCC management recently completed a 3-day trip outside the US, investigating one of the more short-term opportunities, and expects to have updates on this particular effort by second quarter of this year.

Operationally, the RCC/IWS subsidiary received the Onsite Public Sewer System Engineering Design Report submitted, on April 2, to the State of Montana for its latest project in western Montana. The document seeks final approval from the State’s Environmental Quality Department, with the engineering firm forecasting that the project is on schedule for installation this year.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.