SOURCE: Fineline Holdings Inc.

December 12, 2007 09:44 ET

Fineline Holdings Inc. New Acquisition

KENT, OH--(Marketwire - December 12, 2007) - In accord with Management's resolve to build shareholder equity, and grow through acquisition, Fineline Holdings Inc. (PINKSHEETS: FNLH) has acquired a Wellness & Treatment Spa Company with two (2) locations in London, England and Vancouver, Canada. Both facilities are owned and managed by some of the world's leading experts in anti-aging, beauty, detox and wellness treatments. Bob Petry, the Chief Executive Officer of Fineline Holdings, comments that this acquisition resonates with our plan to build shareholder equity by increasing the company's overall asset value. And it has a certain synergy with the option we have been granted in the Monarch Cancun Development. Recreational Properties and Wellness Facilities tend to make for good business.

Cellular Team, which is one of the brands being acquired, brings together five of the world's most respected, high-profile experts in health, fitness, beauty and nutrition.

Cellular Team is the brainchild of Vivienne Talsmat, a well-known and influential holistic nutritionist. She and her colleagues, Arezoo Kaviani, Shadi Danin, Wahid Gardizi and Dr. Georges Roman, have achieved worldwide recognition with these results-driven systems by dealing with A-list Hollywood stars, singers, performers, entertainers, business executives and royalty around the world, as well as the hard working housewife!

For more information on the Cellular Team you can visit their website at

Fineline Holdings Inc. (PINKSHEETS: FNLH) does intend to disclose the terms of the transaction pending an official audit by its auditing team.

Safe Harbor Statement

The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements.

Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations.

Contact Information

  • Contact:
    Kurt Pichler
    Concord Capital