SOURCE: Signature Leisure, Inc.

April 16, 2007 16:14 ET

Signature Obtains $150,000 Line of Unsecured Financing

CASSELBERRY, FL and CHAMPLIN, MN -- (MARKET WIRE) -- April 16, 2007 -- Signature Leisure, Inc. (OTCBB: SGLS) announced today that the company has obtained a line of unsecured financing in the amount of $150,000.

Stephen W. Carnes, President of Signature Leisure, Inc., stated, "Due to cash flows within Signature's Investor Relations Division, outside financing sources are used primarily as a back-up facility and to accelerate growth, not to fund daily operations. However, we are pleased that our growing revenues have resulted in an increase in the availability of credit to the Company."

Carnes further stated, "Signature has not completed a draw down under the Standby Equity Distribution Agreement (SEDA) since September 2006. What this means is that Signature has not sold or issued any stock under terms of the SEDA since September 2006. Management has not had the desire to utilize the SEDA at recent share prices, which would further dilute the market. This line of unsecured financing provides another source of capital which will not dilute the market of Signature's stock."

About Signature Leisure, Inc. (OTCBB: SGLS) -- Signature Leisure, Inc. is a publicly traded company trading on the OTC Bulletin Board under the symbol SGLS. For more information about Signature Leisure, Inc., please visit the Company's website at

This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the company. Additionally, other risks include, but are not limited to, the company's ability to continue to develop operations, the company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the company's public announcements.

This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.

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