SOURCE: SLM Holdings, Inc.

June 12, 2008 15:07 ET

SLM Holdings Expands Sales Operations of ACT! For Financial Professionals to the Pacific Rim

Paul Tamala, New Director of Pacific Rim Sales, Appointed to Head Initiative

WOODBURY, NY--(Marketwire - June 12, 2008) - SLM Holdings, Inc. (OTCBB: SMHI) (http://www.slmbiz.com), a financial software company that specializes in developing products and solutions designed to optimize data management and enhance client support for securities brokers and financial advisors, has increased its sales operations by expanding its product offerings to the Pacific Rim region. The company has also strengthened its team by appointing Paul Tamala as the Director of Pacific Rim Sales.

The Pacific Rim has great diversity coupled with economic dynamism, technological expertise, and human resources. The region offers SLM a significant opportunity to increase awareness and distribution of the company's products to the countless number of Pacific Rim-based small financial institutions that need the advanced technological resources that ACT! For Financial Professional (AFFP) provides.

Paul Tamala will be responsible for building a sales team that will operate out of the Pacific Rim. Mr. Tamala has extensive contacts in the region and considerable experience in the financial services industry. He will be using his resources to increase awareness of SLM's turnkey solutions to a number of financial institutions located in the region.

"We are excited to expand our operations to the emerging markets of the Pacific Rim," said Jason Bishara, CEO of SLM Holdings. "Developing relationships in the region offers us the opportunity to expand globally to new markets outside of the U.S. Considering AFFP operates in many languages, the sales transition will be seamless with no software adjustments needed. With Paul's expertise in the region, we hope to see an increase in sales from this expansion and we look forward to reporting those results as we move ahead."

About SLM Holdings, Inc.

SLM Holdings, Inc. is a software company that specializes in Customer Relationship Management (CRM) solutions for the financial services industry by leveraging today's latest applications and through the development of products and technologies. The products and services that are offered are intended to lower financial professionals' costs and increase productivity by optimizing data and time management, as well as provide industry compliance tools such as Federal Do Not Call List (DNC) and internal DNC list compliance. Recently, SLM joined forces with VerticalFalls Software Inc., a Mid-Atlantic producer and distributor of desktop-based software and acquired certain assets of the Company. VerticalFalls' primary offering is turnkey solutions for contact and business management. SLM has installed solutions on over seventeen thousand desktops including users at Wachovia, UBS, Primerica, Smith Barney, Merrill Lynch, SunTrust, and others. Other products being offered include Gazoota.com, a social networking tool and an online database of high-net worth leads for Financial Professionals, as well as the proprietary "Broker's e-Vantage" system (TBeV), a web-based prospecting tool.

Forward-Looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties, including statements regarding our business strategy and development plans, plans for entering into new businesses, anticipated sources and uses of funds and other statements regarding our plans, objectives, expectations and intentions that are not historical facts. Because these forward-looking statements involve risks and uncertainties, actual results could differ materially from those discussed in this press release. These risks and uncertainties are described in greater detail in the reports that we file with the Securities and Exchange Commission. Our actual results, performance or achievements may vary materially from those expressed or implied in any forward-looking statements. All forward-looking statements reflect our beliefs and expectations as of the date of this press release and should not be relied upon as representing our views as of any subsequent date. While we may elect to update these forward-looking statements publicly at some point in the future, we specifically disclaim any obligation to do so, whether as a result of new information, future events or otherwise.

Contact Information

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