SOURCE: Cascadia Investments, Inc.

Cascadia Investments, Inc.

August 18, 2010 09:15 ET

Cascadia Investments, Inc. Issues Shareholder Letter

TACOMA, WA--(Marketwire - August 18, 2010) -  Cascadia Investments, Inc. (PINKSHEETS: CDIV)

To our Shareholders:

I felt it was time to summarize our year to date, in order to address your concerns regarding our market valuation. Our goal has always been to create shareholder value by developing the business product we offer, and our strategy has not changed.

Like many other companies, we have had to deal with fluctuations in the market as a whole. I know many of you have been concerned about the short position of the stock. However, I believe that the best response to factors beyond our control is to concentrate on what we can control and that is to focus on what we do best: putting our efforts into developing the business.

The company's website http://cascadiainteractive.com/ currently has 28 apps based on the Apple platform (that is, they are compatible with Apple iPhone, iPod and other popular Apple hardware). These apps are all available for purchase at the Apple store, and have received a boost from being included on Apple's "What's Hot" marketing page. We intend to continue developing or acquiring gaming apps in the foreseeable future to take advantage of this high-growth market.

In order to increase our name recognition and broaden our customer base, the company and its marketing partners have undertaken a major marketing campaign that promotes our apps and puts our name before the buying public. Our goal is for the public to associate Cascadia Investments, Inc. with the best in gaming apps.

Some of you have expressed concern about a possible change in the share structure. I can assure you that there are no plans to change the current share structure or to increase the float. Of course, if a profitable acquisition were to become likely, we would consider all the options. At this time, no acquisition has been proposed by any party.

There has been general discussion about the advisability of "up-listing" to a higher exchange. At this time, we believe shareholder value can be most effectively created by working primarily on developing exciting products and marketing those products. We believe an increase in market valuation will be the inevitable result of establishing name recognition in conjunction with quality products. Therefore, at this time, we will focus on those goals and will address up-listing at a later time.

I would like to personally thank each of you for your input, your ideas, and your continued support. We take your comments and concerns seriously, and are committed to ensuring that your investment with Cascadia Investments, Inc. will continue to increase in value.

Sincerely

Nazir Maherali
President and C.E.O. Cascadia Investments, Inc

Cascadia Investments, Inc. is a publicly traded company operating in the Pacific Northwest that focuses on developing and/or acquiring cutting-edge Internet businesses. The company's principal objective is to create equity and long-term earnings for its shareholders through the acquisition and development of its social media, gaming, and other web-based applications.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events. All trademarks and copyrights remain the property of their respective owners and no association is express or implied.

Contact Information

  • Investor Relations
    253-777-3507