SOURCE: Conversion Solutions Holdings Corp.

January 24, 2007 17:18 ET

CEO to Leave for Frankfurt, Germany to Negotiate Potential Acquisition and Secure New Funding for Conversion Solutions Holdings Corp.

LAKE DALLAS, TX -- (MARKET WIRE) -- January 24, 2007 -- Conversion Solutions Holdings Corp. (OTCBB: CSHD) CEO John L. Arlitt will fly to Frankfurt, Germany to negotiate a potential new acquisition that has developed a new anti-terrorism technology which can detect and identify any unusual surface manipulations over large and strategic areas which can be targets for terrorist activities. CEO John L. Arlitt will also be in negotiations to secure additional funding based on debt financing to lessen any further dilution of the company stock. "It is my goal to clear up all regulatory concerns, bring the company into good standing with all regulatory authorities, bring the company filings up to date, and turn the company in a new and profitable direction with potentially profitable acquisitions and or mergers. I believe we can be successful in moving the company in a positive direction by following an aggressive acquisition strategy and initiating new funding strategies," stated CEO, John Arlitt. This could be a positive turning point for Conversion Solutions and build shareholder value.

About Conversion Solutions Holdings Corp.

CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at http://www.cvsu.us/.

Conversion Solutions Holdings Corp. Safe Harbor Statement

Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives and expectations for future operations and are based upon management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • John L Arlitt
    Chairman & CEO
    Conversion Solutions Holdings Corp.
    Email Contact