SOURCE: Tensleep Corporation

August 29, 2006 13:41 ET

Tensleep Introduces the Tensleep Group and Announces Intent to Publish Press Releases About Tensleep's History and Its Future

AUSTIN, TX -- (MARKET WIRE) -- August 29, 2006 -- Tensleep Corporation (PINKSHEETS: TENS)("Tensleep"), a specialty finance company, introduced the Tensleep Group, which is the result of Tensleep's reorganization and which consists of Tensleep, Tensleep Wireless Corporation ("Wireless") and Tensleep Financial Corporation ("Financial"). The purpose of the Tensleep Group is to support international and domestic emerging growth companies in their business and corporate development by providing capital, product development, product acquisition and product distribution, and management services. Each member of the Group has a specific and separate function to perform in supporting an emerging growth company.

The Tensleep Group's mission is to provide an emerging growth company with:

1) A foundation for growth;
2) Venture Capital investment; and
3) Exit Strategy for Venture Capital investors.
Tensleep also announced its intent to publish a series of press releases to inform shareholders and other interested people about:
1) Tensleep's past;
2) Tensleep's future and the future of the Tensleep Group;
3) Why management believes there is a need for the Tensleep Group;
4) The functions of each member in the Tensleep Group;
5) The process for finding, evaluating, and supporting emerging growth
   companies;
6) The strategy for raising venture capital for emerging growth companies;
7) The strategy for providing an exit strategy;
8) The revenues and expenses involved with the Tensleep Group; and
9) The benefits of investing in Tensleep and its affiliates.
Tensleep Corporation provides various types of commercial funding to subsidiary and affiliate emerging growth companies and niche real estate loans. Tensleep is the majority shareholder of Wireless and a minority shareholder of Financial. For more information on Tensleep Corporation visit www.tensleep.com.

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