Oxford Investments Holdings Inc.
OTC Bulletin Board : OXIHF

Oxford Investments Holdings Inc.

April 05, 2006 14:20 ET

Oxford Investments Holdings Inc. Announces the Completed Acquisition of WebStar Internet Solutions

TORONTO, ONTARIO--(CCNMatthews - April 05, 2006) - Oxford Investments Holdings Inc. (OTCBB:OXIHF) is pleased to announce that it has entered into a definitive agreement with Christopher Webster for the acquisition of all of the assets of WebStar Internet Solutions ("WebStar"), a company wholly-owned by Mr. Webster. Oxford issued 1,000,000 shares of its common stock, no par value to Mr. Webster as consideration for the acquisition of the assets of WebStar. The transaction was completed on April 5, 2006.

Mr. Webster is continuing in his role as President of WebStar through an employment agreement with Oxford. WebStar will be operated as a subsidiary of Oxford.

With the purchase of WebStar, Oxford will provide revolutionary online payment solutions for companies that wish to accept payments through the Internet for entertainment, products and services. The payment solution is unique in its provision of a secure "pay- in", "pay- out" system integrated directly to online businesses, utilizing debit and credit card platforms. The WebStar system provides an international solution because it is a multicurrency system utilizing tier one banks. It virtually eliminates decline transactions and chargebacks which have limited the ease of online payments to date, particularly in the very popular gaming industry.

About Oxford Investments Holdings Inc.

Oxford Investments Holdings Inc. previously known as a leading Internet gaming software licensing, reseller and development company providing software solutions to the Internet gaming market, now is the parent company to several subsidiaries that market, sell and distribute a variety of products. Oxford's subsidiaries include International E-Gaming Developers, Inc., a company that markets gaming products to a worldwide clientele, Celebrity Tan Inc., a company that markets UV-free tanning products and booths, Ontario Private Water Labelling Ltd., a company that specializes in private-label bottled water distribution and sales, and WebStar Internet Solutions, a leader in online payment processing.


Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.

This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.

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