SOURCE: BIH Corporation

April 29, 2008 08:57 ET

Baron International, a Subsidiary of BIH Corporation, Awarded Contract for the New Citi Field in New York

WEST ORANGE, NJ--(Marketwire - April 29, 2008) - BIH Corporation (PINKSHEETS: BIHC) today announced that Baron International (a subsidiary of BIH) has been awarded a major contract for work at Citi Field, now under construction and the future home of the New York Mets.

The contract entails the complete installation of beverage systems for all fifty (50) concession locations throughout the new stadium and will be completed on schedule and in time for the projected opening of the new baseball season in April 2009.

Baron has extensive experience in large complicated contracts such as this, with a history of other comparable jobs such as Madison Square Garden, Keyspan Park (Brooklyn Cyclones, a NY Mets Farm Team), Waterfront Park (Trenton Thunder, a NY Yankees Double A Farm Team) and the IZOD Center (formerly Continental Arena), East Rutherford, N.J., home to the NJ Nets and NJ Devils amongst many others.

"We are extremely pleased that Baron has been awarded this contract as revenues from this job are very substantial; final revenue figures will be announced upon the completion as potential cost overruns and other unforeseen charges may be involved. The awarding of this contract solidifies Baron's reputation and 27 years of experience within the industry to complete major contracts on time and within budget," said Robert Ingala, President of Baron International.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Contact Information

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    BIH Corporation
    Investor Relations
    Tel: 1-866-532-5908
    Fax: 1-239-437-5777