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Post# of 353190
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Tuesday, 02/28/2006 9:26:26 AM

Tuesday, February 28, 2006 9:26:26 AM

Post# of 353190
JUPITER Global Holdings, Corp.-.0004- JPHC today announces confirmation that the Company is
in substantive discussions and negotiations with a prospective
acquiror/merger candidate. At this stage, the Company is not able to
announce any specific terms that may be included in an acquisition
transaction, if negotiations are successful, but management believes that
the parties to the negotiations anticipate finalizing a preliminary
agreement.



As previously announced the Company's Board of Directors has authorized its
management to commence preparations to develop a plan to become a target
for acquisition or merger by a suitable strategic buyer. That planning
continues and the Company's efforts in developing and subsequently
executing that plan have begun to produce results such as attracting a
suitable buyer.





The Company recently had begun discussions with more than one interested
party and within the last several days the Company's efforts has focused on
one potential candidate and those discussions have become more substantive
in nature. As developments progress and the details of a transaction
emerge, the Company will make appropriate announcements and disclosures
that are required.



Key items such as the execution of definitive documents and the
finalization of the previously announced independent valuation report are
some of the items that are required for the negotiations to result in
preliminary and final agreements.



Management of JUPITER is encouraged by the level of negotiations and the
serious intent of both parties to move forward. Management looks forward to
the execution of the steps ahead to achieve success. Although management is
encouraged at this stage of the discussions, no assurances can be given
that an acquisition or merger transaction will be agreed to by the parties
or that such a transaction will be approved by our shareholders, if
required.



ABOUT JUPITER GLOBAL HOLDINGS, CORP.



JUPITER Global Holdings, Corp. is a holding company with interests and
developments in a diverse number of growing industries. JUPITER plans to
achieve a leadership position through the building of a synergistic network
of innovative, profitable and global businesses.



Statements contained herein that are not based on historical fact are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. JUPITER Global Holdings Corp. intends that
such forward-looking statements be subject to the safe harbor created
thereby. Such forward-looking statements are based on current assumptions
but involve known and unknown risks and uncertainties that may cause
JUPITER Global Holdings Corp. actual results, performance or achievements
to differ materially from current expectations. These risks include
economic, competitive, governmental, technological and other factors
discussed in JUPITER Global Holdings Corp. applicable public filings on
record with the Securities and Exchange Commission which can be viewed at
its website at http://www.sec.gov



Please visit our website: www.jupiterglobal.net



For more information please contact:
JUPITER Global Shareholder Services
Phone: 1.800.963.6532
Email Address: Email Contact





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