SOURCE: MP2 Technologies, Inc.

MP2 Technologies, Inc.

June 15, 2009 09:30 ET

MP2 Technologies' Plan to Acquire Bayside Holdings

IRVING, TX--(Marketwire - June 15, 2009) - MP2 Technologies (MP2) (PINKSHEETS: MPTO) announced today that it has come to a general agreement on terms to acquire Bayside Holdings, Inc. (Bayside), an importer of diamonds and other precious gems. Bayside is headquartered in Tampa, FL and has been in the import business for 2 years.

Bayside Holdings ownership states that they currently have large contracts in place for the fulfillment of Diamonds with US buyers. Bayside believes that the contracts that are currently in place are in excess of diamonds that the Company can actually deliver. The Company stated that these contracts provide a significant advantage to Bayside as it can literally sell every stone which they are able to import to the US. Bayside Holdings was established in 2007 by Ken Shartz for the sole purpose of importing raw uncut diamonds and other precious gems into the United States for resale. All the diamonds that are imported by Bayside Holdings are certified non-blood or conflict diamonds. They are certified by Kimberly. Kimberly is the world standard in this class of certification.

Bayside owners state, "We NEVER have to find a buyer." Bayside also states that it has the capacity to deliver up to 1000 carats of raw diamonds per month without exhausting its current contracts for over 10 years.

"We are very excited to apply our knowledge of the public market to enhance the value of Bayside Holdings and to create a new channel for them to raise expansion financing and build brand awareness," stated Patrick Thomas, President of MP2. "Further, when we complete this acquisition we will have demonstrated that MP2 can acquire businesses from different industries and add significant value to that business by giving them the exposure they need to the public market with minimal financial or operational impact on their business."

Additional information about Bayside Holdings can be found on their website at www.baysideholdings.com.

MP2 Technologies, Inc. serves as a holding company for technology and service related businesses that can share common management resources and access to marketing channels. New acquisitions will be announced over time as opportunities that fit the company's acquisition profile become available. Acquired companies will benefit from MP2's public company expertise, executive management, and sales and marketing contacts throughout the world. More information on the company can be found at their website at www.mp2technologies.com.

Safe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.

Contact Information

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