Micro Holdings US, Inc. Is New Name for Centrex, Inc. Signaling Company’
s Commitment to the International Automobile Manufacturing Business.
SAN DIEGO -- December 19, 2006-- Centrex, Inc. (OTC Pinksheets:CTXI) today announced that its
Board of Directors and a majority of the Company’s shareholders have approved the name change to
MicroHoldings US, Inc. The name change has been filed with the State of Oklahoma and the
Company is in the process of requesting a change in its ticker symbol.
Stated Jeffrey Flannery, CEO of Centrex, Inc., “After working with the people at MicroCars for the past
year, we have decided that the timing is right to dedicate our efforts in the area of automobile
manufacturing. The MicroCar system is unique and has already generated a lot of interest in the
marketplace. We would be remiss not to focus our resources and efforts on the expansion of MicroCar
manufacturing to every country that could benefit from it.”
Centrex recently acquired MicroCars International, a subsidiary of the Sri Lanka automobile
manufacturer, MicroCars, Pvt. Ltd., which gave Centrex the rights to license the MicroCars
manufacturing process internationally. The Micro Cars facility is labor intensive unlike US and Western
plants that rely on expensive automation and robots. The system was designed for countries such as
Sri Lanka that have low labor rates but a need for high quality, inexpensive vehicles.
More information on the MicroHoldings-US, Inc. can be found at www.microholdings-us.com.
Information on MicroCars, Ltd. can be found at www.microcars.lk.
Investors are cautioned that certain statements contained in this document as well as some statements
in periodic press releases and some oral statements of CTXI are "Forward-Looking Statements" within
the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking
statements include statements which are predictive in nature, which depend upon or refer to future
events or conditions, which include words such as "believes," "anticipates," "intends," "plans,"
"expects," and similar expressions. In addition, any statements concerning future financial performance
(including future revenues, earnings or growth rates), ongoing business strategies or prospects, and
possible future CTXI actions, which may be provided by management, are also forward-looking
statements as defined by the Act. Forward-looking statements involve known and unknown risks,
uncertainties, and other factors which may cause the actual results, performance or achievements of
the Company to materially differ from any future results, performance, or achievements expressed or
implied by such forward-looking statements and to vary significantly from reporting period to reporting
period. Although management believes that the assumptions made and expectations reflected in the
forward-looking statements are reasonable, there is no assurance that the underlying assumptions will,
in fact, prove to be correct or that actual future results will not be different from the expectations
expressed in this report. These statements are not guarantees of future performance and CTXI has no
specific intention to update these statements.
Source: Centrex, Inc.
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