SOURCE: Expo Holdings, Inc.

May 03, 2007 14:51 ET

Expo Holdings, Inc. Expands Commercial Cabinet Division With Receipt of $100,000 Contract From Vista South General Contractors, Inc.

Contract is for Completion of Cabinetry for Socrates Academy

NORTH WILKESBORO, NC -- (MARKET WIRE) -- May 3, 2007 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), through its wholly owned subsidiary D&D Displays, Inc., has received a contract totaling more than $100,000 from Vista South General Contractors, Inc. for its Commercial Cabinet Division. Completion of this project is anticipated by the end of second quarter.

According to J.D. Brown, Chairman and CEO of Expo Holdings, Inc., "Expo has been focusing on diversifying its scope within the commercial cabinetry industry. Vista South is a brand new customer for us, and we are delighted to begin this new association with them. The receipt of this contract is a direct response to the company's strategy for growing its overall operations. Expo is now another step closer to its overall goal of $1,000,000 for its Commercial Cabinet Division for 2007."

Expo Holdings reported $4.8 Million in overall sales in 2006. Approximately $315,000 of that figure stemmed directly from the company's newly formed Commercial Cabinet Division, which was first launched in 2006. Already Expo has surpassed last year's marker, having completed in excess of $320,000 year to date in commercial cabinetry type sales. Additional orders totaling more than $50,000 are currently being processed for the Commercial Cabinet Division.

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 Lowe's, Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such proclamations about the Company's future expectations, including future revenues and earnings, technology effectiveness and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact Information

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    Expo Holdings, Inc.
    Phone: 336-667-8765