SOURCE: Shine Holdings, Inc.

August 30, 2006 12:53 ET

Shine Holdings Appoints CEO

CARY, NC -- (MARKET WIRE) -- August 30, 2006 -- Shine Holdings, Inc., (PINKSHEETS: SHDG) announces that it has filled the position of Chief Executive Officer (CEO) to manage the day to day operations and direct the focus of the company.

Mr. Brett S. Swailes will assume executive duties September 1, 2006, and is the author of "The Cancer Link" (Alpaca Publishing Group). Mr. Swailes is a staff journalist and speaker whose former positions have included the ownership and management of food service franchises in Norfolk, Virginia and New York State; and an executive cleaning service in Tampa, Florida.

Shine Holdings, Inc., headquartered in Cary, North Carolina, has a core focus of seeking out and acquiring synergistic companies and methods that will provide shareholders capital appreciation and income. The mission of Shine Holdings is to make pure drinking water available to the people of the world by means of purification, filtration and removal of contaminants from existing water supplies. It is our belief that water can overcome hunger, disease and poverty, thereby improving the overall quality of life on earth.

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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