SOURCE: Redux Holdings, Inc.

October 16, 2006 10:35 ET

Redux Holdings to Be Featured at ValueRich Small Cap Financial Expo in Las Vegas

LOS ANGELES, CA -- (MARKET WIRE) -- October 16, 2006 -- Redux Holdings, Inc. (PINKSHEETS: RDXH) announced today that the Company will participate in the ValueRich Small Cap Financial Expo to be held in at the Wynn Hotel and Casino in Las Vegas on October 25th and 26th. The conference will allow Redux executives to meet with the individual investors and institutional asset managers that receive the ValueRich magazine. Mr. Adam Michelin and Ms. Karen Muller will be representing Redux at the conference.

Adam Michelin, Redux Chairman and CEO, commented on the opportunity to present at ValueRich, "I am looking forward to using the ValueRich Small Cap Financial Expo as the initial platform to begin telling the Redux story to the investing public. Since taking control of the company in April, we have been relatively quiet in terms of telling the investing public about our Company. While we have completed six acquisitions and/or strategic partnerships over the last several months, I did not feel that the Company was ready to be put in front of a spotlight for the initial scrutiny of Wall Street. Now that we are in the process of preparing the Company to become reporting after the first of the year, I feel that we are at an appropriate time to begin telling our story to the street."

Corporate Information on Redux Holdings, Inc. can be found at www.reduxholdings.com. Investor information, including a Corporate Fact Sheet is available at http://www.firstcapitalinvestors.com/factsheets/RDXH.pdf.

About Redux Holdings, Inc.

Redux Holdings acquires assets of underperforming and distressed companies on a non-cash basis and isolates, recombines and manages those assets to increase their value and to develop profitable strategic options. The Company is distinguished by the extensive experience of its personnel in quickly identifying, analyzing and stabilizing these businesses opportunities and effecting rapid turnaround and asset monetization.

Since beginning its current business operations in April 2006, the Company has developed a portfolio of investments including: B2B Center Manager, Inc., a wholly owned 256-station Call Center and IT Department; a majority ownership position in Naturade, Inc. (PINKSHEETS: NRDC); a strategic partnership and 30% equity position in WebMenu, Inc. (www.webmenu.com); and a 40% equity stake in OWS/Merchant Services, Inc., a credit card processing company jointly owned by Radius, Inc.

About ValueRich, Inc.

ValueRich (www.valuerichonline.com) examines the entrepreneurial ideas, strategies and issues surrounding small-cap business and celebrates its rich rewards with articles about the luxury lifestyle and unique products. Its 58,000 subscribers include over 8,000 public CEOs, as well as fund managers, money managers, investment bankers, institutional and qualified private investors, securities brokers, investment advisors, security related attorneys and public accountants.

Safe Harbor:

This press release may contain forward-looking statements. The words "estimate", "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

Contact Information

  • Investor Relations:

    First Capital Investors, Inc.
    Trey Meehan
    321-221-2910
    Email Contact