SOURCE: Expo Holdings, Inc.

September 12, 2008 16:00 ET

Expo Holdings, Inc. Releases Shareholder Letter

NORTH WILKESBORO, NC--(Marketwire - September 12, 2008) - Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to provide a personal letter to shareholders from James D. Brown, Expo Holdings' CEO.

Dear valued shareholders,

I wanted to take the time to personally thank all of our shareholders who have stood by us and supported us over the last six months. We have all had to endure a very poor performing market and limited liquidity while at the same time trying to fund aggressive growth. Since many of my friends and family own stock, some with averages well over $0.01, I fully understand the frustration of shareholders. Though our share price seems to be running in parallel with the rest of the market, I am glad to say that our company is not. Our growth is directly attributed to the decline in our economy as retailers struggle to compete for consumer dollars by re-inventing how they display their products. Initially funding that growth proved to be quite a challenge but we have cleared that hurdle with the addition of substantial traditional bank financing.

I want to take the time to point out some of our recent accomplishments as well as give some idea on what shareholders can expect over the coming weeks and months. During the last year the company was able to raise over $250,000 in working capital in order to secure several major contracts. The company was also able to reduce its debt by over $100,000. We also secured a milestone $22M joint venture project that we have already started working on and expect to make our first shipments in just a few short weeks. This project alone is projected to earn us earnings per share similar to our current price in the market, marking our return to profitable operations. Our industry currently boasts $18B in sales with a P/E ratio of 19 according to yahoo finance.

During the month of April we found ourselves feeling the pinch of rising fuel and commodity prices. This created a vacuum of capital as we fought rising prices, while having to purchase additional materials and cover labor costs to meet our growing demands. From April through June we raised the capital needed to secure several key contracts. Having an already depressed share price did not help in trying to raise funds but the long term gain outweigh the short term costs.

With that behind us now, we will begin embarking on several major initiatives in the coming weeks to increase our exposure to investors. We are currently in the process of setting aside funds as we can in order to complete our 2007 audits as well as engage a securities attorney to file a registration statement with the Securities and Exchange Commission. This will allow us to seek a listing on the OTCBB in order to attract a broader investor base. We are also expecting to have a professional equity report authored by a well known financial research firm to be distributed to numerous institutional investors and NASD broker dealers. Additionally, we are in the final stages of completing our financial stub periods for 1st and 2nd quarter as well as pro formas for the remainder of 2008 through 2009. Finally, we are currently bidding on several multi-million dollar projects, that if awarded, would push us well beyond our projected $22M in revenues. Our outlook is phenomenal and I feel those investors that stick with us will be greatly rewarded.

I do acknowledge that being a pink sheet company is holding us back and that is why I am making it a priority to become a fully reporting company. I want to point out that we are one of the few companies that trade on the pink sheets that have audited financial statements, have been proactive in maintaining an attractive share structure and actually have sustainable and growing revenues. We will not waste equity on promotion or any other frivolous endeavor to inflate our share price; we have been using a grass roots approach of PR and IR to attract investors. We currently have a number of retail investors now owning over 5% each as a result. We have also started to receive institutional investment such as a recent investment by 3 Moore's Investments Inc.

We have worked hard to build shareholder value even though the market has not recognized it. Thanks to you, our shareholders who have noticed it, we have accomplished our goals. It is now my responsibility to reward you with strong growth and I intend to do just that. As always, shareholders and potential investors are warmly welcome to stop by our manufacturing plant anytime to see just what your money has helped us build. Thanks once again for your support, we could not have done it without you!


James D. Brown, Expo Holdings CEO.

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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