SOURCE: KCM Holdings Corp.

November 12, 2010 06:00 ET

KCM Holdings Corp. Announces Progress Updates & Corporate Restructuring to a "Consolidated Real-Time" Investor Communications Strategy

FRISCO, TX--(Marketwire - November 12, 2010) - KCM Holdings Corp. (PINKSHEETS: KCMH) announced today progress on venture incubations and restructuring. The company also addressed speculation of status based on a period of silence of investor communications.

The first major announcement is Ed Kang, former COO, has replaced Donald Klein as CEO of KCMH.

All business has continued on as normal however according to Kang, "We needed to simplify. Our commitment is to build upon the debt-free business model that Donald Klein as former CEO created. We're still debt free, making money with solid management, building momentum and in 2011, ready to bring our next public companies into the spotlight with a strong foundation that was absolutely critical to first foster in this delicate economy."

Concerning the period of silence around speculation by the investment community and Donald Klein's transition, Ed Kang responded, "Part of our restructuring is to create a consolidated real-time investor communications strategy. We wanted to be sure all pieces were in place before releasing any news. The foundation that Donald Klein built for KCMH is expected to yield returns for investors many years to come. He is still a very big part of the KCMH legacy except now he will be able to focus on his business passions as a shareholder except outside of any official capacity."

KCMH has released a new design of its website with status updates and address from the CEO. Visit www.thekcmgroup.com

KCMH on Twitter: Twitter.com/KCMHoldings

About KCMH:
KCMH is a strategic business development holdings company. www.thekcmgroup.com.

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