SOURCE: Cascadia Investments, Inc.

January 15, 2008 16:15 ET

Cascadia Investments, Inc. Provides a Corporate Update

TACOMA, WA--(Marketwire - January 15, 2008) - Cascadia Investments, Inc. (PINKSHEETS: CDIN) -- The company is committed to building shareholder value by investing in well selected real estate assets and pro-actively managing each of the properties to increase cash flows and maximize return on capital. In the last year (2007), the company has completed over 2.7 million dollars worth of real estate transactions. This includes 11 properties with 21 rental units located in Seattle and Tacoma, WA.

"The last year was a good year for the company and we hope to not only double the size of our portfolio but to exceed it by 20% in 2008, thereby growing our asset base, boost revenues and increase shareholder value," stated Nazir Maherali, President and C.E.O. of Cascadia Properties, Inc.

About Cascadia Investments, Inc.

Cascadia Investments, Inc. (PINKSHEETS: CDIN) is a publicly traded real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.

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.

Contact Information

  • Cascadia Investments, Inc.
    Tel: 253-383-7194