SOURCE: Hollund Industrial, Inc.

January 17, 2008 06:30 ET

Hollund Industrial, Inc. Announces New Auditors

BRANSON, MO--(Marketwire - January 17, 2008) - Hollund Industrial, Inc. (PINKSHEETS: HLLD) has engaged Moore & Associates, Chartered, with its principal office in Las Vegas, Nevada as its Independent Registered Public Accounting Firm. Moore & Associates, Chartered will audit the company's financial statements for the fiscal years December 31, 2007 and 2006.

Michael Lacy, President and CEO, stated that completing the financial statement audits is an important milestone for the Company. "Being a fully reporting company is an important part of our business plan and demonstrates to our shareholders how committed we are to moving Hollund forward. The added transparency through timely reporting will benefit our shareholders and potential new investors, both in terms of understanding our business and being able to track our progress."

The Company will issue a further news release when the audits have been completed.

About Hollund Industrial, Inc.

Incorporated in Washington, Hollund Industrial, Inc. (PINKSHEETS: HLLD) is an industrial technology company that is focused on acquisition, development, production and marketing of innovative technologies for energy, construction, forestry, mining, and other sectors. The Company was formed to capitalize on growing demand for technologically advanced heavy equipment solutions and infrastructure related project services worldwide.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.

Contact Information

    For investor relations
    Karolina Czajka