SOURCE: Steadfast Holdings Group, Inc.

July 08, 2008 08:00 ET

Steadfast Holdings Expands Alcohol Detection Product Line Through Agreement With Intoxalock

MERIDEN, CT--(Marketwire - July 8, 2008) - Steadfast Holdings Group, Inc. (PINKSHEETS: STHG) announced today that it has signed an agreement with Consumer Safety Technology to provide additional breath sensing alcohol detection systems. These systems are used in vehicles that are operated by persons required to have them by court order, usually after a DUI or DWI. These new products are now available at both of the company's subsidiary locations in Connecticut.

"In our continuing effort to assist in the reduction of drunk driving deaths in Connecticut, we have become a dealer for the Intoxalock® interlock system," stated John Calash, President. "This addition provides us with the full spectrum of interlock devices and monitoring systems ordered by the justice system, required by certain insurers and by parties interested in keeping drunk drivers from operating their vehicles."

Steadfast Holdings Group, Inc. recently announced that it has signed an exclusive dealer agreement with Sens-O-Lock to install alcohol detection systems in vehicles that are operated by persons required to have them by court order at both of the company's subsidiary locations in Connecticut.

About Consumer Safety Technology, Inc. and Intoxalock®

Consumer Safety Technology, Inc. developed the Intoxalock® system in conjunction with Iowa State University in 1993. Today, this device is considered by many experts and authorities to represent the most advanced and reliable technology on the market. The system has been approved and is sold in approximately 30 states through distributors or direct to drivers.

About Steadfast Holdings Group, Inc.

Steadfast Holdings Group, Inc. is the parent of Steadfast Automotive and Steadfast Custom Linings that provide custom auto and truck coatings, bed liners, custom interior kits for commercial vehicles and other accessories. Additional revenue sources include spray on coatings for bridges, exterior metals, and many other commercial applications plus the sale of store licenses and product sales to licensees.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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