SOURCE: Haz Holdings, Inc.

August 27, 2007 09:10 ET

HAZ Holdings, Inc. Initiates Comprehensive Shareholder Communications Program

Expanded "Investors" Section of Corporate Website Is Launched

FEDERAL WAY, WA--(Marketwire - August 27, 2007) - HAZ Holdings, Inc. (PINKSHEETS: HAZH), which manages a portfolio of full-service hotels, today announced that it has initiated a comprehensive public market communications program focused on keeping current shareholders informed regarding the current activities and future direction of the company, as well as expanding awareness of HAZ Holdings in the broader investment community.

The communications program includes a new expanded "Investors" section of the HAZ Holdings corporate website (www.hazholdings.com), the issuance of frequent press releases issued through major wire services and posted to the website, publishing a company newsletter that highlights the activities of the previous month, and establishing a new staffed investor relations email address and telephone number for day-to-day shareholder communication.

The expanded "Investors" area of www.hazholdings.com has several sections, including a location for all press releases, another for the monthly investor newsletters, a link to the company's SEC filings, telephone and email contact information for investor relations, and a section for other media, which may include management interviews, multimedia, and industry information.

Shareholders and anyone interested in following the progress of the company are encouraged to subscribe to a company mailing list located at http://investors.hazholdings.com/ealert.php, which will allow HAZ Holdings to disseminate new, publicly disclosed information to subscribers directly by email.

The shareholders communications program is being managed by Gemini Financial Communications, Inc., a leading provider of public relations and investor communications services for emerging public companies.

"We look forward to maintaining an active public market communications program so that our shareholders and other potential investors can monitor the progress of HAZ Holdings as it executes its business strategy," stated HAZ Holdings CEO Dr. Karim Bhanji. "The core focus of the company will remain the continued success of our current holdings and the future expansion of our hotel ownership portfolio through the acquisition of additional hotel properties. An active market communications program will only help to highlight the milestones that we expect our business to achieve in the coming weeks and months as we work to create long-term value for our shareholders."

About HAZ Holdings, Inc.

HAZ Holdings owns and manages three mid-scale, full-service hotels in the United States and Canada, under the brand names "Hotel Monarchy & Suites" and "Monarchy Inn & Suites" (www.hazhotels.com). HAZ Holdings' five-year business plan is to increase its hotel ownership portfolio by acquiring hotel properties that range in size from 100-300 rooms per property, while concurrently franchising additional hotels under its brand names. The Company's portfolio also includes the following wholly owned subsidiaries: Mortgage and Financial Institute, LLC (www.mfibanking.com), a mortgage brokerage company specializing in commercial and residential lending in Washington and Alaska; Nationwide Hotel Management, LLC, a hotel management company; KB Realty Group International LLC, a commercial and residential real estate sales company; Evergreen Sound Construction, LLC, a commercial and residential development company; and DoTravelDeals (www.dotraveldeals.com), a global travel booking engine.

This press release may contain "forward-looking statements." Although we believe that the expectations reflected in any forward-looking statements are reasonable, HAZ Holdings cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which HAZ Holdings bases its predictions and/or forward-looking statements could materially affect its actual results.

Contact Information

  • CONTACT:

    Contact:
    Gemini Financial Communications
    A. Beyer
    951-677-8073
    Email Contact