SOURCE: FIMA, Inc.

June 23, 2008 12:27 ET

FIMA, Inc. the Victim of Unsolicited Spam Campaign

HUNTINGTON BEACH, CA--(Marketwire - June 23, 2008) - FIMA, Inc. (PINKSHEETS: FIMA), an emerging diversified land development company, announced today that management has become aware of an apparent spam campaign underway that mentions FIMA and appears to be in violation of the CAN-SPAM Act of 2003 regulating commercial email. The Company emphatically denies any connection with these emails, and is presently taking aggressive steps to investigate the matter and discover the person or persons responsible. In addition, FIMA wishes to apologize to any individuals who have been inconvenienced by the spate of unauthorized emails, and to assure its shareholders that all reasonable steps are being taken to ensure that this matter is resolved as quickly as possible.

According to a Company spokesperson, "We want to take this opportunity to clearly state, in no uncertain terms, that we are vehemently opposed to any and all such illegal spam campaigns. We regard this pernicious practice as an unscrupulous, predatory act that abuses the trust of investors and erodes the credibility of the market itself. Such unauthorized spam emails victimize shareholders and public companies alike. It has always been our position that such illegal spamming is directly contrary to the responsible participation in the public markets, and we have never engaged in such practices. Even though we are as much a victim as any, we apologize to all those who have been inconvenienced by this campaign. We are actively investigating the source of these emails, and once those responsible are identified, will prosecute them to the fullest extent of the law."

About FIMA, Inc.:

FIMA is engaged in a diverse range of land development and utilization activities, such as the acquisition of raw land and the design and construction of commercial and luxury real estate in the resort regions of Mexico, resource exploration and development in Central and South America, and the acquisition and development of mining properties and mining rights in Central and South America. FIMA operates several subsidiaries, including a prestigious architectural design and construction firm based in Puebla, Mexico, as well as an integrated resource exploration and mining company with holdings in the prolific gold- and silver-producing regions of Colombia. For more information, visit the Company website at: http://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.

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