SOURCE: FIMA, Inc.

March 19, 2008 14:30 ET

FIMA, Inc. Branches Out Into Resource Exploration

MURRIETA, CA--(Marketwire - March 19, 2008) - FIMA, Inc. (PINKSHEETS: FIMA), a real estate acquisition, development, and consulting firm specializing in the development of luxury condominiums in the resort destination areas of the Mexican Riviera and the tropical island of Cozumel, announced today that the Company is actively exploring resource and mining plays in order to incorporate them into its larger project of land development. Due in part to the historic conditions present in the current energy market, as well as the unique advantages that result from FIMA's long-standing presence in Latin America, the Company is currently targeting several acquisitions that have the potential to substantially increase its revenue and asset bases.

According to a Company spokesperson, "Because of our history of operations in land development in Latin America, we have developed a broad range of contacts and relationships that have the potential to be extremely beneficial in numerous other areas, over and above real estate acquisition and development. In addition, in the course of business, we have been regularly exposed to exciting opportunities in the region, and we are convinced that we would be remiss if we did not take direct action in order to maximize shareholder value through the exploration of some of these opportunities."

About FIMA, Inc.:

FIMA, Inc. is a growing upper-scale residential and multi-family Real Estate Development Company that brings years of development experience to bear in the resort property industry. The company was formed with the goal of developing and managing investments in resort properties, multi-unit residences including upscale condos, and single-family homes. FIMA focuses on purchasing and developing real estate in and around some of the world's hottest destinations throughout Central America, including Cozumel, Playa del Carmen, Cancun, and the Yucatan Peninsula. Using time-tested real estate investment techniques, FIMA can continue to develop quality properties that will generate substantial income in these prime investment property markets. The combination of proven experience in real estate development and a thriving real estate market in the company's target areas make for an exciting time for FIMA and its clients. For more information, visit the Company website at: www.fimadevelopmentinc.com.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information

  • Contact:
    FIMA, Inc.
    24088 Semillon Lane
    Murrieta, CA 92562

    Phone: (800) 737-0186
    Fax: (951) 541-0210
    Email: Email Contact