SOURCE: Saudi American Holdings Corp.

May 14, 2008 13:08 ET

Saudi American Holdings Corp. Appoints New Member to Board

FT. LAUDERDALE, FL--(Marketwire - May 14, 2008) - Saudi American Holdings Corp. (PINKSHEETS: SAHN) is an international holding company investing in companies that are engaged in a number of diverse business activities. The most important of these are in the aircraft engine repair and overhaul industries.

On May 13th, 2008, via board amendment and the unanimous consent of members of the Board of Directors, Matthew Marsenison, the current CEO of wholly owned subsidiary Trident Aviation Industries, Inc., was appointed to the Board and will assume the title of Director, Saudi American Holdings Corp.

"Matt's expertise in the field of aircraft services, his skill in business operations management, and his forward-looking vision are each key factors in his appointment to the Board. I join the rest of our Directors in extending a warm welcome to Matt and look forward to working closely with him for the ultimate benefit of our shareholders," stated Brad van Siclen, Vice President and Director of Saudi American Holdings.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.

Contact Information