SOURCE: Cascadia Investments, Inc.

Cascadia Investments, Inc.

April 15, 2009 13:30 ET

Cascadia Investments Provides Update

TACOMA, WA--(Marketwire - April 15, 2009) - Cascadia Investments, Inc. (PINKSHEETS: CDIV) It has come to management's attention, that there is some confusion amongst the investor community concerning Cascadia Investments, Inc. and the properties in its current portfolio. The main source of confusion is that the tax records indicate the previous owners are on title. The way most of the properties are purchased is by the way of an agreement of sale or what is commonly referred to as a "wrap agreement" and or a lease purchase agreement where by the purchaser has a right to the property and all of the equity growth. Cascadia maintains the properties, leases it out and collects all rents.

The many reasons for acquiring properties in this manner are that it doesn't require bank financing, which in the recent past has been very difficult to obtain, and the company doesn't have to do any toxic financing, which would dilute the shareholders equity.

The other concern expressed by shareholders is the difference between the assessed values of the properties and their purchased price. Historically, assessed values on which taxes are based have always been lower than the market value because they can lag behind by as much as ten years to what is really happening in the market. Cascadia has always made it a policy to only acquire properties at or below a market value that is based on comparables of similar properties sold in the neighborhood. With the recent changes in the housing market, however, we expect the current assessed values will begin to more closely reflect the actual property value.

"We hope this clears up any confusion within the investor community as our intention is to always keep investors up to date on their investments," stated Mr. Maherali, president and C.E.O. of Cascadia Investments, Inc.

About Cascadia Investments, Inc.

Cascadia Investments, Inc. (PINKSHEETS: CDIV) 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.

Cascadia Investments, Inc. is continuing its open market share buy-back initiative to reduce float count and increase shareholder value. We look forward to updating you on the continued progress of this initiative.

Cascadia Investments, Inc. generates profit-based revenues and currently has no need for dilative financing, and furthermore, will continue to operate with an un-gagged transfer agent thereby maintaining complete corporate transparency.

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.

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