SOURCE: Nexia Holdings, Inc.

Nexia Holdings, Inc.

September 22, 2009 08:02 ET

Nexia's Flagship Salon Reports Record Revenues of $180,655 for August 2009

SALT LAKE CITY, UT--(Marketwire - September 22, 2009) - Nexia Holdings, Inc. (PINKSHEETS: NXHD), a diversified holding company, announced that its flagship salon recorded record revenues for the month of August 2009. CEO Richard Surber stated his belief that, "The increase in revenues for the month of August at our flagship location confirms that sales are trending up for our Landis Lifestyle Salon."

Nexia's flagship location at 1298 South 900 East, Salt Lake City, Utah reported revenues of $180,655 for the month of August 2009 compared to $155,939 and $170,606 for the comparable periods in 2008 and 2007, respectively. Our revenues showed an increase of 16% in 2009 over 2008. Mr. Surber noted, "August sales in 2009 are the highest in the history of the salon. This achievement in light of the recession is commendable. So far, our gross revenues for our flagship location in September of this year are showing gains over September 2008."

Mr. Surber further noted, "We have hired on several new staff members at our Bountiful location and have completed a direct piece marketing mailer to recapture customers that we have not seen for a few months. I expect to see positive results in the month of October from the marketing and staffing efforts."

Our staff's commitment to excellent customer service and the AVEDA™ 12 Points Of Difference discussed in this short video are key to future growth prospects. The address for the video is: http://www.youtube.com/watch?v=joEeffVk13w&feature=related.

About Nexia Holdings Inc.

Nexia Holdings Inc. (PINKSHEETS: NXHD), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate and health & beauty. Nexia owns a majority interest in Landis Salons, Inc., http://www.landissalons.net, hair salons built around the world-class AVEDA™ product line. For more information, visit http://www.nexiaholdings.com and http://www.green-endeavors.com.

Nexia strongly encourages the public to read the above information in conjunction with its Form 10-K for December 31, 2007 and the subsequent quarters of 2008. Nexia's disclosures can be viewed at www.nexiaholdings.com and www.sec.gov. Nexia ceased reporting with SEC in April 2009.

This press release reports information gathered on a preliminary basis for select points in time. The numbers are not audited, have not been reviewed by an independent accountant and are subject to change and further review as more information is gathered. The information does not reflect costs of operations and does not predict profitable operations for Nexia and its subsidiaries. This press release also contains forward-looking statements. There are no assurances that such assumptions will prove correct. These forward-looking statements involve a number of risks and uncertainties, including an expectation of substantial increase in sales. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Investors should not invest more than they can afford to lose in penny stocks.