SOURCE: Sleep Holdings, Inc.

March 09, 2007 09:30 ET

Sleep Holdings, Inc. Engages First Continental Capital, L.P. to Offer Financial Services

DALLAS, TX -- (MARKET WIRE) -- March 9, 2007 -- Sleep Holdings, Inc. (PINKSHEETS: SLHJ) announces Dallas-based First Continental Capital, L.P. has been engaged to (i) assist Sleep Holdings in representing its business and financial needs to financing sources; (ii) advise and counsel Sleep Holdings as to strategy and tactics for negotiating with financing sources; (iii) assist and advise Sleep Holdings with respect to the pricing, financing, form and structure of any financing transaction; and (iv) provide such other financial advisory services as Sleep Holdings may request.

First Continental Capital, L.P.'s president, Dick Ronchetti, said, "We are excited to have the opportunity to work with Sleep Holdings, Inc. and to contribute to their explosive growth strategy."

Brett Cormier, Sleep Holdings CFO, said, "I am pleased to work with First Continental Capital, L.P. and have the ability to expand the financial structure of the Company."

Roy Mers, Sleep Holdings, CEO said, "The company is well positioned to maximize the opportunities in the financial markets with the combined expertise of Mr. Ronchetti and Mr. Cormier."

SLEEP HOLDINGS 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 medical equipment.

SLEEP HOLDINGS' mission is to provide innovative solutions to patients suffering from sleep disorders. We strive to provide the highest standard sleep studies, medical directorship, patient education, and therapeutic recommendations in order to assist patients with an overall improved quality of life.

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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