SOURCE: ONE Holdings Corp.

August 11, 2009 07:00 ET

ONE Continues Building World Class Team With Addition of Veteran CFO

ONE Recently Acquired Green Planet, Increasing Revenue and Net Income by $10.4m and $3.3m Respectively

MIAMI, FL--(Marketwire - August 11, 2009) - ONE Holdings, Corp. (formerly Contracted Services, Inc.) (OTCBB: CSEV) ("ONE" or the "Company") (www.onehcorp.com), a diversified investment company that owns majority equity interest in private and publicly listed companies, is pleased to announce that it has appointed Cris Neely to the position of Chief Financial Officer. ONE Holdings has also appointed Mr. Neely to its board of directors.

Mr. Neely has an extensive career in financial management for both medium and large cap companies. He comes to ONE Holdings from TelePlus World, Corp., a publicly traded telecommunications company, where he has been CFO since 2006. From 1999-2005, Mr. Neely was the CFO of Siemens Enterprise Networks located in Boca Raton, Florida. Mr. Neely also held various other executive positions with Siemens Enterprise Networks, including Senior Vice President Business Transformation, Director Internal Audit, and Director of Finance for Wireless Terminals and Area Financial Manager. In addition, Mr. Neely has held management positions with ROLM, IBM, and Cisco during his career. Mr. Neely holds a Bachelor of BA - Finance degree from the University of Texas at Arlington and an MBA from Amberton University.

"Following our recent acquisition of Green Planet Bio, we are pleased to add to the ONE Holdings team such a strong financial executive in Cris Neely," said ONE President, Marius Silvasan. He added, "Cris brings us a wealth of experience in financial management and controls, public company reporting including Sarbanes-Oxley compliance, capital raising and corporate acquisitions. His strong background will help ONE execute on its strategy of acquiring and growing strong businesses to enhance shareholder value. I have worked closely with Cris since 2006 and welcome his insight and objectivity to the Board of Directors for ONE Holdings, Corp."

About ONE Holdings, Corp.

ONE Holdings, Corp. ("ONE") (OTCBB: CSEV) (www.onehcorp.com) headquartered in Miami, FL is a diversified investment company that was formed to own majority equity interest in private and publicly listed companies involved in bioengineering, finance, technology and distribution. Through ONE, small private companies gain access to capital, experienced management and strategic insight. ONE intends to build strong synergies amongst all subsidiaries to enhance shareholder value. ONE is working with each subsidiary to promote organic and acquisition driven growth. ONE plans to leverage its' financing and distribution subsidiaries to provide ONE's very profitable bioengineering and technology businesses with growth capital and expanded distribution allowing them to achieve scale. As scale is achieved, ONE intends to bring each subsidiary public to maximize value to its investors.

The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. ONE Holdings, Corp. takes no obligation to update or correct forward-looking statements.

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