SOURCE: NIS Holdings Corp

August 08, 2011 17:56 ET

NIS Holdings Receives All Cash Buyout Offer at 18 Cents per Share by Global Stock Investments Ltd.

NEW YORK, NY--(Marketwire - Aug 8, 2011) - NIS Holdings Corp. (OTCQB: NISC) (PINKSHEETS: NISC), is pleased to announce that it has received a. 18 per share all cash buyout offer by Global Stock Investments Ltd. which expressed this way its desire to have a controlling percentage on NIS Holdings. This comes as a follow up to the equity facility agreement referred to in our previous announcement on June 21st. The Board will consider its options to maximize shareholders' value, and will provide further updates within the next few days.

Also, Alpha Dynamic Group Inc. unveils launch cards for "EARN-IQ"

President of NIS Holdings Chris Kiltsikis stated, "In conjunction with the great news, we are also unveiling our cards that will be used in our initial launch. The first card (picture 01) will be the Limited Edition New York card and will be issued to the first 10,000 applicants, with New York's skyline. This card will surely be a collector's item as it will be our initial launch card." The second card (picture 02) is the Main New York, Brooklyn Bridge Card, which will be issued to all applicants in the greater Tri-State area. This will keep in line with our marketing strategy to have a custom card for every territory in which the card is launched," and continued, "The project is finally in the final stages of completion, and we will be communicating a lot more exciting and innovative services, that will encompass the Earn-IQ offering, in the weeks to come."

About NIS Holdings Corporation

NIS Holdings Corp. is registered in Reno, Nevada and headquartered in New York City. The Company specializes in the acquisition of firms in profitable markets with high-potential and capable of achieving sustainable growth.
http://www.nisholdings.com
NIS Holdings is a public company trading on the OTC under the symbol NISC.

About Alpha Dynamic Group

Alpha Dynamic Group, a subsidiary of NIS Holdings, has conceived a unique added-value loyalty card plan that reaps exceptional benefits for every participant in the process. The Alpha Dynamic Group's Payback Cash Card program will provide the infrastructure and client services support necessary for retailers eager to retain and attract new customers.
http://www.alpha-dynamic.net

Issued by NIS Holdings, Corp.

For further information in this release please contact Ms. Vasiliki Anagnostou at NIS Holdings, Corp. on tel.: 212-6881007, fax: 212-6882705, e-mail: vanagnostou@nisholdings.com

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 NIS Holdings Corp., 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.

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