SOURCE: Asgard Holdings Inc.

November 01, 2006 09:00 ET

Asgard Holdings Commences Production of Demonstration Video to Showcase New Fire Retardant Products for Worldwide Distribution

Company to Dub Training Videos Into Several Languages and Distribute Them to a Worldwide Audience to Include First Responders, Military and Aircraft Industry

ESCONDIDO, CA -- (MARKET WIRE) -- November 1, 2006 -- Asgard Holdings (PINKSHEETS: AGHG) today unveiled plans to produce and distribute a training and demonstration video to showcase its new fire retardant products for worldwide distribution.

"We have great interest in our products, so in order to give our potential buyers and clients more than an explanation, we decided it would be advantageous for the company to produce the videos and distribute them, as well as allow the public and private companies to access it online at our revamped web site," said Virgil Williams, CEO of Asgard Holdings.

"We also have the team to produce and direct this video and are now taking orders from domestic organizations and those abroad who are interested in our products," he added.

The company has submitted several other revolutionary fire retardant products for final approvals and testing and anticipates these new products being available in volume for the consumer by early next year.

"We are now ready to bring out four years of testing and research into the world markets, and that is exciting for the company and its many shareholders," Mr. Williams said.

Production crews as well as the host are working on finishing the video by early January 2007.

For more information please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit the company website at:

About Asgard Holdings Inc.:

Asgard Holdings retains fifty percent interest in Super Thermal Systems Management Group, Inc (STSM). STS co-founder Dr. Don Gier, CEO, holds a Ph.D from Iowa State University and co-founder Dr. Hal Gier, technical director, is a graduate engineer from CalTech and holds a Ph.D in aerospace engineering. Under a NASA Kennedy Space Center Small Business Innovation Research contract, SCAMP (Super Critical Air Mobility Pack) was born as a self-contained breathing apparatus and cooling system suit with applications designed for Fire Fighting, EMT, Homeland Security, Dept. of Defense, HAZMAT and NASA.

Asgard Holdings Inc. is more than just an early stage venture capital firm; we provide the infrastructure and guidance. Asgard makes possible the achievement of your company's goals and facilitates your business to find its common ground. Asgard focuses on companies that are beyond incubator startups, giving our portfolio companies a strong resource of business intelligence from which to utilize.

Safe Harbor

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.

Contact Information

  • Contact:

    Media Contact:
    BZCOM Communications
    Mike Garfinkel
    Email: Email Contact
    Phone: 818-865-9898

    For Asgard Holdings Inc.
    Taylor Capitol, Inc.
    Stephen Taylor
    Email: Email Contact