SOURCE: Sleep Holdings, Inc.

January 28, 2008 10:29 ET

Sleep Holdings, Inc. Becomes Exclusive Provider of Diagnostic Sleep Testing for Little River Healthcare System

DALLAS, TX--(Marketwire - January 28, 2008) - Sleep Holdings, Inc. (OTC: SLHJ), a leading provider of sleep diagnostics and sleep-related therapy equipment, reached a multi-year deal with Little River Healthcare System. The agreement establishes Sleep Holdings as the exclusive sleep diagnostics provider for the Little River Healthcare System, which is currently comprised of five facilities in Rockdale, Cameron, and Hearne, Texas, serving the rural areas outside Austin, Texas.

Mr. Roy Mers, Chief Executive Officer of Sleep Holdings, commented, "With our company-owned center in Austin, our partnership furthers our presence to service patients within the surrounding rural markets, as we grow to become a national leader of sleep diagnostics and sleep-related therapy."

Mr. Andrew Korbel, Sleep Holdings' Regional Coordinator of Diagnostic Services, commented, "Patients and doctors are talking about how sleep medicine improves lives and Little River Healthcare System is making sure their patients receive the very best in sleep medicine. In rural America, this word-of-mouth reputation is very beneficial in heightening awareness to people who may need professional help to attain a consistent good night sleep."

To service patients in these markets, Sleep Holdings has just completed installation of state-of-the-art Respironics Alice 5 diagnostic systems and therapy devices, and new furniture for the sleep lab facility at Richards Memorial Hospital. Patient testing rooms include high definition televisions and Sleep Number beds, the décor of these rooms looks more like a luxury hotel to provide a very pleasant environment for all sleep study patients.

Dr. John Weed, Chief of Staff for Richards Memorial Hospital, stated, "We are proud to be associated with a first-class company like Sleep Holdings. Their reputation for sleep expertise, customer friendly service, and timely results made the choice easy for us."

About Sleep Holdings, Inc.

SLEEP HOLDINGS, INC. is a leading sleep diagnostics and therapy provider which offers a complete range of patient services. The Company's goal is to provide the highest standard sleep studies, medical directorship, patient and doctor education, and most importantly comprehensive sleep therapy solutions to assist patients with an overall improved quality of life.

The Company intends to grow its revenues by (i) acquiring small independent sleep centers and corporate owned diagnostic centers, (ii) opening new freestanding sleep centers, (iii) opening new hospital based sleep centers under our management in conjunction with hospital partners, (iv) provide management services and technical support for sleep disorder centers and (v) increase the Company's internal sales and rental volumes of sleep related therapy equipment and products.

Sleep Holdings, Inc. is actively seeking our prospective sellers of sleep diagnostic centers in various markets within the United States and is developing relationships necessary to acquired and fully develop sleep diagnostic and therapy centers.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties.

Sleep Holdings, Inc. is a registered trademark. Other product or service names mentioned herein are the trademarks of their respective owners.

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