SOURCE: Standard Holdings Group Ltd.

October 20, 2008 09:00 ET

Standard Holdings Group Negotiates $2 Million Contract

MCLEAN, VA--(Marketwire - October 20, 2008) - Standard Holdings Group Ltd., (PINKSHEETS: SNDH) has negotiated a contract in excess of $750,000 per year to supply Isopropyl Alcohol Prep Pads to a large Northeastern medical distributor. The customer will significantly increase the contract as new products -- BZK and Iodine Pads -- are added to the company product line.

The Company will continue to add to the contract as other products and additional equipment come on line, but at levels that never exceed approximately 10-20 percent of production.

Overall, the contract is expected to generate $1,000,000 to $2,000,000 per year in revenue.

This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

For more information visit the Standard Holdings Group web site at http://www.standardholdingsgroup.com

Contact Information

  • Contact:
    Standard Holdings Group Ltd.
    703-821-3434