SOURCE: Conversion Solutions Holdings Corp.

January 12, 2007 02:17 ET

Conversion Solutions Holdings Corp. Updates Shareholders on Current Events

LAKE DALLAS, TX -- (MARKET WIRE) -- January 12, 2007 -- The proposed move of Conversion Solutions Holdings Corp. (OTCBB: CSHD) office to Lake Dallas has been postponed until further notice. The contact for the company is John Arlitt. Email questions to "The company will continue to move forward and ask for the patience of the shareholders. We are working diligently towards building a profitable company and are assessing various options to moving forward and create shareholder value. Our first priority after having reviewed and assessed the company status from previous management's failure and neglect of their duties is to pursue various funding options to resolve all regulatory issues outstanding and bring the company into compliance with all filing requirements. We understand the need for an update to the shareholders but at this time we can only report that we are moving as expeditiously as possible and will release results as they are achieved," stated John Arlitt.

Dated: January 10, 2006.

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

Conversion Solutions Holding 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

  • Contact:
    John Arlitt
    Chairman, CEO
    Conversion Solutions Holding Corp.
    Email Contact