SOURCE: Expo Holdings, Inc.

August 27, 2009 10:14 ET

Expo Holdings, Inc. Enters Negotiations

NORTH WILKESBORO, NC--(Marketwire - August 27, 2009) - Expo Holdings, Inc. (PINKSHEETS: EXPH) enters negotiations.

The company has entered negotiations with a regional commercial cabinet and closet product supplier. The company is reviewing a potential acquisition option.

James D. Brown, CEO, stated, "First let me start by saying, no agreement has been made and this PR is to advise our shareholders that we are considering an acquisition. We are at the very preliminary stages and have not completed all of our due diligence. The recent economic volatility has helped present us with several potential acquisitions. This is the first to reach a point of actual negotiations. Shareholders are cautioned not to be overly optimistic as the company will only acquire if it presents a strong complementary business stream, and provides a direct positive impact to the company and its shareholders. This company has an independent dealer base that the company considers desirable. Additionally, this company has infrastructure that the company considers desirable in regards to its new proprietary product."

Please visit us at http://www.expoholding.com and log on to our web-cam or simply stop by for a tour.

About Expo Holdings, Inc.

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.

Contact Information

  • Contact:
    J.D. Brown
    D&D Displays, Inc.
    336-667-8765