SOURCE: Microholdings US

January 18, 2011 09:40 ET

Microholdings US, Inc. Appoints New Interim President, Mr. Jerry Coley for the Racers Edge, Inc.

VANCOUVER, WA--(Marketwire - January 18, 2011) -  Microholdings US (PINKSHEETS: MCHU), an acquisition and holding company, announced today that it has appointed long time Drag Racing legend Jerry Coley as the Interim President of The Racers Edge, Inc. Microholdings US is a Public Holding Company positioned for new mergers and/or acquisitions. The Racers Edge Company is in Performance and Pain management from Pro Athletes to the average person with chronic pain. Microholdings US, Inc. will seek to expand the marketing and sale of the Racers Edge Products through mass media marketing in 2011.

Mr. Coley has been around Drag Racing for 55 years and still going. His involvement with drag racing ranges from an enthusiast, promoter, track operator, racer, consultant, and most of all, safety conscious individual. Mr. Coley became very close friends with the founding father of NHRA, Wally Parks, and Buster Couch, the Official Starter for the NHRA. His commitment to drag racing was encouraged and heightened by these two individuals. Mr. Coley's involvement in Drag Racing has made him feel like family to thousands of racers, spectators and other individuals that he has made contact with through the NHRA network. The Racer's Edge pain and performance Chips have been used by Mr. Coley since October 2009, due to hip pain.

James Wheeler, Chairman/CEO, stated: "We are pleased to appointed Mr. Jerry Coley as the Interim President of The Racers Edge. We feel Mr. Coley will help The Racers Edge Products to become a household name among Drag Racers as well as the millions of fans that follow Drag Racing. "

Mr. Jerry Coley stated: "I'm extremely excited to be associated with the fine products of The Racers Edge, Inc. and am also excited about MCHU's new plans for promoting the product in 2011. The chips reduced the pain that I was having to the extent that I could resume playing golf on a daily basis, I've been using the products myself for about a year and they continue to help me with pain and performance issues, this is why I have accepted this appointment with great enthusiasm. We will start seeking sponsorship and testimonials from the top Drag Racing drivers for 2011. For more information visit our web-sites at www.microholdingsus.com or www.theracersedge.us.

About Microholdings US, Inc.
Microholdings US, Inc. (PINKSHEETS: MCHU) is incorporated in the state of Oklahoma and has been in operation since October 1998. It is currently a publicly traded company, trading under the symbol: MCHU. For more information contact investor@microholdingsus.com, (http://premierstocks.tv/images/company_links/mchu.pdf) or pinksheets.com for the latest company information. 

About The Racers Edge, Inc.: Products were created out of a need for a safe alternative to "over the counter" or prescribed medications to provide energy, stamina, and pain relief for athletes. The Pain Relief / Pain Management Hologram Patches, circular in appearance, are designed to reduce aches and pains of those suffering from minor everyday aches to chronic discomforts from injury. The Energy / Performance Hologram Patches are roughly half the size of a standard postage stamp and have all the energy of a sugar and caffeine-laden energy drink without any harmful ingredients or chemicals entering the body and without the crashes.

Safe Harbor Statement
Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

Contact Information

  • Contact:
    Premier Media Services
    Kelly Black
    President
    Office: 1-480-649-8224 or 866 216-8814