SOURCE: Winsted Holdings, Inc.

April 18, 2007 08:45 ET

Medspa Solutions Awarded Contract by Columbia Physician

2007 Looks to Be a Banner Year for Medspa Solutions

IRVINE, CA -- (MARKET WIRE) -- April 18, 2007 -- MedSpa Solutions Inc., a wholly owned subsidiary of Winsted Holdings Inc. (PINKSHEETS: WNSH), a Business Development Company (BDC), today announced that it was awarded a comprehensive consultancy contract by a physician in Columbia, South Carolina. This Contract covers Business Development, Site Design & Build out, Staffing & Training, Vendor Relationships, Licensing & Compliance Assistance and Custom Marketing Development.

Columbia, the first city, as well as the first planned capital, in America named for Christopher Columbus was founded March 26, 1786, as the center of government, education, and commerce in the Palmetto State. Today, the Columbia Metropolitan Area is home to over 200 years of history, beautiful Lake Murray, The University of South Carolina, the Army's largest training base at Fort Jackson, numerous festivals and recreational opportunities. The Greater Columbia area is a great place to live, work, raise a family and/or those golden retirement years!

"A new medspa in Columbia should do very well," stated Winsted CEO Mark Ellis. "The area is known for its friendly faces and accommodating attitudes. Whether traveling by air or vehicle; customers will love Columbia's easy access. Only 10 cities in America have three major interstates transecting their metropolitan areas and Columbia is one of them. Columbia is served by I-20, I-26 and I-77, and is within 90 miles of I-85 and I-95, making the new medspa easy to access from every direction."

Ellis further stated, "2007 is shaping up to be a banner year for MedSpa Solutions. Inquires are coming from all corners of the States. The word of our medspa expertise is building and gaining momentum. We're also happy to say that this increasing revenue base is happening in a decreasing expense environment for MedSpa Solutions.

"There is a feeling here that's hard to describe, a vibrancy in the midst of comfortable calm. On one hand, interested parties with written Letters Of Interests are shopping Winsted and its subsidiaries. While on the other hand, we are keeping a keen eye on our own growth prospects. A thriving growing business is usually worth more than a simple shell. We are proud of our heritage and excited about our future," concluded Ellis.

About MedSpa Solutions Inc.

MedSpa Solutions Inc. of Irvine, California is a wholly owned subsidiary of Winsted Holdings Inc. (PINKSHEETS: WNSH) Medical Spas are fast becoming the facility of choice among women and men seeking rejuvenating skin care procedures. At MedSpa Solutions Inc., not only are our customers treated with the best that technology has to offer, they also get expert consultations from our skilled medical staff. Our trendsetting spa-like facilities, combined with our friendly staff, are all you need for the best skin care experience ever. Our facilities offer FDA-approved procedures like Botox, Laser Hair Removal, IPL-Skin Rejuvenation, Microdermabrasion, Chemical Peels, Collagen, and Leg Vein Treatment. We work only with the most advanced laser equipment to achieve your desired results. Our medical staff is one of our most valued assets, and they are trained in a culture of warmth, friendliness, and customer service. Everything at the spa is designed with your comfort and convenience in mind, even our business hours which are flexible to adjust to your needs. Making you look good and feel good is what we are here for!

MedSpa Solutions is committed to continually setting the highest levels of excellence and innovation for our clients. We are pioneers in the MedSpa industry and strive to bring the most advanced treatments and standards to each one of our spas and clients. For more information on the Consulting Services from MedSpa Solutions, please contact us at 1-888-968-4624 or email at info@medspasolutions.com. Additional information can also be found at http://www.medspasolutions.com/.

About Winsted Holdings, Inc.

Winsted Holdings, Inc. (PINKSHEETS: WNSH) is a Business Development Company (BDC) located in Dallas, Texas. BDCs are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. The Company was founded on the premise that combining both operational talent and financial talent within a single private equity investment firm can significantly enhance the magnitude and consistency of investment returns. Winsted Holdings' team consists of accomplished financial professionals with experience at prestigious financial institutions, seasoned corporate executives from various industry enterprises and successful entrepreneurs with expertise developed in aspects from business development to capital markets and from sales and marketing to technology development. Over the coming months, the Company will outline its ever changing portfolio holdings and its plans for the long-term medspa expansion.

Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of medspa and telecommunications regulations in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.

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