GT Legend Automotive Holdings Inc (GTLA)

[JAV]

GTLA- Updates news 1/28 after-market Re: Pinksheets

GTLA Continues Updating Information on Pinksheets.com Postings GlobeNewswire    "GlobeNewswire "
FULLERTON, Calif. , Jan. 27, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA) announced today that the company is in the process of preparing updated financial statements and attorney letters to bring the status from "stop" to "current." It is expected that the necessary information will be posted within the next few weeks.

Please check www.pinksheets.com periodically for the most up to date company information.

The Memorandum of Understanding between the company and Sovereign Transfer Services Corporation continues to move forward with only the share exchange and financial information updates required. It is intended for Sovereign Transfer Services to become a majority-owned subsidiary of GTLA. This process will be completed when shares have been exchanged and final documents have been filed.

About GT Legend Automotive Holdings Inc.

GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. For more information, visit www.sovereigncardservices.com.

CONTACT: Orion Financial Brokers & Analysts 800-400-1290