SOURCE: Expo Holdings, Inc.

November 02, 2009 15:15 ET

Expo Holdings, Inc. Begins Kronotex USA Shipments

NORTH WILKESBORO, NC--(Marketwire - November 2, 2009) - Expo Holdings, Inc. (PINKSHEETS: EXPH) begins shipments for Kronotex USA, LLC.

The company is pleased to announce that shipment of its most recent order from Kronotex USA, LLC. has commenced. The company expects over 200 displays will be shipped this week (starting today) with a value that should exceed $35,000. The most recent order is for over 1500 displays, and will be used in Lowe's Companies, Inc. stores throughout the nation. The company expects shipments related to this order to continue over the next 30-45 days.

James D. Brown, CEO, stated, "Kronotex is a great company to serve. Their products are great, and working with their marketing team is a pleasure. We look forward to serving them through the balance of 2009 and throughout 2010."

Later this week, the company expects to announce the dates for its upcoming shareholder meeting. Shareholders are warmly invited to attend in person.

Brown also stated, "Recently, the company stated that it will retire approximately 2.5 million shares. For clarification, these shares were purchased in the open market, and are being transferred from the company's broker, Morgan Stanley, to the company's transfer agent for retirement."

Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high-end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and Lowe's Companies. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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