SOURCE: KCM Holdings

March 15, 2010 06:00 ET

KCM Holdings Progress Update: Fast Start for Breakout 2010 in Technology Entertainment Insurance

FRISCO, TX--(Marketwire - March 15, 2010) -  KCM HOLDINGS CORP. (PINKSHEETS: KCMH) announced today the Company's 2010 progress update for its incubation portfolio. Despite the sluggish 2009 economy, KCMH reported a sixty-five percent increase in revenues and record earnings. KCMH has maintained that trend, having experienced a rapid start in 2010 through incubation services to three emerging companies: GEENIUS, a patented software company; KidEQ, a children's education and entertainment company; and KCM Insurance Services.

For GEENIUS, the patented knowledge networking company, KCMH anticipates the S1 registration to be filed during this quarter. This will enable GEENIUS to become a publicly traded OTC:BB company. GEENIUS will then be combined with KidEQ, which was originally launched by KCMH in 2007 with its first DVD release, is currently being reconfigured with an infusion of new resources to deliver content online combining entertainment and educational innovation. Finally, KCM Insurance Services (KCMIS), representing KCMH's fastest growing revenue model, scaled from 10 agents to over 45 agents during the first 60 days of 2010. KCMIS is on pace to reach a minimum 300 agents by yearend. Insurance revenues have accelerated as expected according to Donald Klein, KCMH's Chief Executive Officer.

"We are extremely pleased with this quick start to what should be our breakout year. We expect to exceed all of our 2010 goals," states Klein. "KCMH is expected to announce more detailed information specific to each of its incubated companies during the upcoming weeks."

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About KCMH:
KCMH is a strategic business development holdings company.

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The contents of this Press Release may include forward-looking statements within the meaning of United States securities laws and Private Securities Litigation Reform Act of 1995. Forward-looking statements are only predictions and should not be relied upon for investing decisions. Actual results might differ materially from projected in the forward-looking statements for variety of reasons, including market conditions, competition and new regulatory requirements. Forward looking statements involve known and unknown risks, uncertainties and factors that may cause the Company's actual results, activity levels, performance or achievements to be materially different from future results, activity levels, performance or achievements expressed or implied by the forward-looking statements. We cannot guarantee future results, levels of activity, performance or achievements.

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