SOURCE: Standard Holdings Group Ltd.

July 14, 2008 11:54 ET

Standard Holdings Group Subsidiary Commences U.S. Production; Weighs Use of Profits

MCLEAN, VA--(Marketwire - July 14, 2008) - Standard Holdings Group Ltd. (PINKSHEETS: SNDH) has commenced production in its U.S. This follows months of remodeling the 15,000 square-foot facility to meet internal and regulatory requirements.

The facility is expected to immediately operate at a profit, and management is analyzing options for the use of those profits, including building or purchasing new machinery, creating new products, repurchasing Company stock, and starting or purchasing other businesses.

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