SOURCE: Hollund Industrial, Inc.

June 10, 2008 10:30 ET

Hollund Industrial, Inc. Wins Silver Award in 2008 Summit Creative Awards

BRANSON, MO--(Marketwire - June 10, 2008) - Hollund Industrial, Inc. (PINKSHEETS: HLLD) ("Hollund") is pleased to announce that its corporate logo, designed by Coastlines Creative Group, Inc. ("Creative"), has won a Silver Award in the Brand Identity category in the 2008 Summit Creative Awards® competition.

"The Summit Award competition is one of the premier arbiters of creative excellence," said Byron Dowler, Creative Director and President, "and we are just thrilled to be recognized from among the thousands of submissions by quality firms from around the world."

Hollund's logo beat out entries from 25 countries. Entries were judged based on the strength of their big idea, the quality of execution, and their ability to communicate and persuade.

"The 2008 Summit Award gives Hollund the distinct pleasure of being among the most compelling new corporate brands," said Michael Lacy, Hollund President and CEO. "Today's announcement further demonstrates our commitment to being a leader in the development and production of underwater heavy equipment solutions built on TigerLynk technology. I want to thank Mr. Dowler and his entire staff at Creative for their outstanding work and congratulate them for winning yet another award."

About Hollund Industrial, Inc.

Incorporated in Washington, Hollund Industrial, Inc. is a technology development and production company focused on the marine industry. Hollund Industrial Robotics Systems, Inc., Hollund's wholly owned subsidiary, has the exclusive patents to TigerLynk technology. TigerLynk is a remote operated heavy machine system designed for underwater construction, forestry, mining, flood emergency response and other services. The Company is currently developing plans to introduce its first model, called the AR-120.

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This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.

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