SOURCE: Expo Holdings, Inc.

October 01, 2009 10:21 ET

Expo Holdings, Inc. Issues Corporate Update

NORTH WILKESBORO, NC--(Marketwire - October 1, 2009) - Expo Holding, Inc. (PINKSHEETS: EXPH) Issues Corporate Update

In the past few weeks the company has shipped more than 25 truckloads of displays, to Lowe's Companies Inc. stores. Sales have now significantly exceeded $200,000. This project will continue into the foreseeable future and well into 2010.

The company is preparing to ship three etc. brand cabinet orders with a cumulative value exceeding $40,000. These orders are for commercial customers, for use in commercial applications. The company is preparing new improved forecasts for 2010 sales performance.

James D. Brown, CEO, stated, "As we press forward with our new brand, we continue to expect light distribution in 2009 and heavier distribution in 2010. However, we are pleased that the product has been well received and there are now indications, we may need to accelerate our growth plans. Our website has caught the attention of at least one Fortune 500 retailer, evidenced by them contacting us. This retailer was not approached by our team prior to the website launch."

The company will be hosting a shareholder meeting during the 4th quarter of 2009, at its headquarters in North Wilkesboro, NC. This will be a great opportunity, for shareholders to meet our management team, share their views, as well as learn about the company's growth plans for 2010. Additional information will be forthcoming. Second quarter financials will be posted to in the very near future.

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