SOURCE: Steadfast Holdings Group, Inc.

December 13, 2007 16:05 ET

Steadfast Holdings Group, Inc. Announces Surge in Same Store Sales

WEST PALM BEACH, FL--(Marketwire - December 13, 2007) - Steadfast Holdings Group, Inc. (PINKSHEETS: STHG) announced a major sales surge in the fourth quarter of 2007. Sales in the first three weeks of our fourth quarter have exceeded the total for the fourth quarter in 2006. This follows a 46% increase in sales in our third quarter over the same period in 2006.

4th Quarter projections should reflect an overall increase of 600% in revenue over the 4th Qtr. 2006. This is due in part to: 1) Overall increase in sales, 2) a full Quarter of sales in the 2nd CT location, and 3) a franchise sale of the 1st of five Florida locations.

Salvatore Bova, company Treasurer, says, "Our installation business of interior rack systems and accessory kits for light duty commercial vehicles has far exceeded our expectation in recent weeks and shows no sign of slowing. We expect substantial increases in sales of bed liners, accessories, and Winter protection for vehicles which will enhance our sales."

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.

Contact Information

    Steadfast Holdings Group, Inc.
    Investor Relations