SOURCE: Pacific Sands, Inc.

Pacific Sands, Inc.

April 01, 2011 10:00 ET

Pacific Sands Inc. (OTCQB: PFSD) Retires / Converts $640,000 Debt and Completes Aggressive Balance Sheet Improvements

RACINE, WI--(Marketwire - April 1, 2011) - Pacific Sands, Inc. (OTCQB: PFSD) (PINKSHEETS: PFSD) (, which manufactures environmentally friendly, non-toxic liquid and powder cleaning, laundry, and water treatment products, announced today that the company has retired or converted $640,000 in debt owed to Catherine and Dr. Mack Myers for the purchase of the assets of Natural Choices Home Safe Products LLC in 2008. This move represents a significant balance sheet improvement for Pacific Sands and also reduces annual interest expense by $26,000.

The agreement in principal was reached with the Myers on March 21 and executed on March 31. In the agreement, the Myers have agreed to reduce the outstanding balance owed on the purchase agreement by approximately $233,000. The final payment, completing all obligations under the Asset Purchase Agreement, has been paid in the form of $74,650 in cash and 3,323,500 shares of Pacific Sands common stock which, at the time of the agreement in principal, was valued at $332,500.

Pacific Sands CEO/CFO Michal Michie commented, "This move continues our very aggressive and deliberate balance sheet restructuring. With this transaction, our total liabilities have been reduced by nearly $1,000,000, or nearly 60% so far this fiscal year. Additionally, we have more than halved our net working capital deficit from June 30, 2010 fiscal year end and believe it can be fully eliminated by June 30, 2011. We believe that this increased financial strength can lead to profitable operations in FY 2012 beginning July 1."

About The Company
Pacific Sands, Inc. ( (OTCQB: PFSD) is a rapidly growing, reporting company that develops, markets and sells unique non-toxic, earth-, health- and child-friendly products for cleaning and water management applications.

Environmentally friendly products for cleaning, laundry and pool and spa care are available at

Safe Harbor Act Disclaimer
The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company's business. Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.

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