SOURCE: NIS Holdings Corp.

January 26, 2011 18:11 ET

NIS HOLDINGS CORP. Announces Relocation of Headquarters

NEW YORK, NY--(Marketwire - January 26, 2011) - NIS HOLDINGS CORP. (OTCQB: NISC) (PINKSHEETS: NISC) announced that it has relocated its corporate headquarters. The new headquarters are located at 460 Park Avenue, New York City, New York.

"The relocation not only drastically increases our square footage to accommodate the company's growth plans for the foreseeable future, but also puts us in the heart of the financial world, where we intend to launch our new products and services," said Secretary and Director of the board, Vasiliki Anagnostou.

"We are pleased to have found the right location for our growing business," CEO Chris Kiltsikis said. "Our new facility will accommodate our expansion into new and exciting industries and allow us to efficiently serve our clients with proactive services and solutions that ensure their business runs profitably."

Over the next years NIS HOLDINGS will be increasing revenue and clientele at a rapid pace. The new site offers much needed space for new departments, a new and improved computer lab, and more office space to accommodate their growing staff.

This document was produced by and the opinions expressed are those of NIS HOLDINGS CORP. as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of NIS HOLDINGS CORP. to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but NIS HOLDINGS CORP. does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

This release may contain forward-looking statements, including, without limitation, statements containing the words "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," "will," "could," "stands to," and "continues," as well as similar expressions. Such forward- looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of Galapagos, or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. NIS HOLDINGS CORP. expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.

Contact Information

    Ms. Vassiliki Anagnostou