SOURCE: FIMA, Inc.

June 26, 2008 08:30 ET

FIMA, Inc. Working in Conjunction With Spamnation.info and Others to Determine Source of Unauthorized Spam Messages

HUNTINGTON BEACH, CA--(Marketwire - June 26, 2008) - FIMA, Inc. (PINKSHEETS: FIMA), an emerging diversified land development company, announced today that the Company has been actively engaged in efforts to track down the source of recent unauthorized spam emails containing reference to FIMA operations. As part of this process, FIMA has been cooperating with Spamnation.info, a leading Internet resource geared towards protecting the public from the pervasive practice of illegal spamming, and who have made preliminary attempts to track the source of the recent spam emails connected with FIMA. The Company has also corresponded with Constant Contact (www.constantcontact.com), an independent email marketing firm whose email servers were apparently used to send some of the fraudulent emails, in an effort to discover their source.

Based on conversations with Constant Contact, they appear to have been unaware of the issue before FIMA brought it to their attention. The initial results of their internal investigation revealed that the spam emails were appended to legitimate emails by registered clients. Representatives of the company stated that they have an explicit anti-spam policy with which they require all of their legitimate clients to comply, and remain committed to taking all reasonable steps to see that this does not happen again in the future. They also stated that the company was conducting an ongoing investigation in an attempt to determine the initial source of the emails.

Discussions with Spamnation.info also revealed information about the process by which the fraudulent emails were distributed. Spamnation.info has suggested additional potential courses of action, the details of which will not be revealed while the investigation is pending. According to Spamnation.info, "Most current stock spam appears to be sent by speculators unconnected to the company advertised. There are exceptions, but in the majority of cases the companies whose stocks get spammed are honest businesses... Stock spam hurts legitimate companies and honest businesspeople."

According to a spokesperson for FIMA, "Once again we emphasize our stated position in opposition to the irresponsible and illegal practice of spamming. We are doing everything reasonably possible to determine the source of these emails, and emphatically denounce those who are responsible for the recent spam messages. We encourage anyone who is seeking information about FIMA, its operations, or its subsidiaries to consult information sources that have been authorized and approved by the Company, such as FIMA's corporate website (www.fimadevelopmentinc.com), those of its subsidiaries GoldSource (www.goldsourceinc.com), Standard Minerals (www.standardminerals.com), Garcia & Garcia Construction and Design (www.cdamx.com), or official press releases from the Company."

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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