SOURCE: Expo Holdings, Inc.

May 08, 2008 13:43 ET

Expo Holdings, Inc. Receives Project Deposits Exceeding $50,000

NORTH WILKESBORO, NC--(Marketwire - May 8, 2008) - Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., is pleased to announce it has received a project deposit from Novalis, International.

James D. Brown, Expo Holdings CEO, stated, "In recent negotiations with Novalis, International, the company agreed to begin work on a large scale production run of in store displays. As part of the agreement, Novalis agreed to provide, and has provided a substantial deposit. Due to the size and nature of this new agreement, a large deposit was necessary. We will begin production of these displays this week. Our relationship with Novalis continues to grow despite the distance between us geographically. I have not released the total order size due to confidentiality agreements."

The company would like to further announce it is currently bidding additional projects for the flooring industry totaling approximately $500,000 for various other clients. The company will update shareholders on the current proposals in the near future. The company expects 2008 to be a strong year.

About Novalis, International

Founded in 1986, Novalis is headquartered in Hong Kong. Novalis has branch offices in Shanghai, North Carolina and Toronto. In China, Novalis has sales agents in all major metro cities such as Shanghai, Beijing, Tianjin, Guangzhou, and Hong Kong. In North America, the company's North Carolina and Toronto offices lead the development and marketing of the flooring business and provide customer support to US and Canada clients.

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 S&K Men's Wear. 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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