SOURCE: Vencor International, Inc.

December 17, 2012 12:00 ET

Vencor International Finalizes Negotiation With a Well-Established Apparel Brand

LOS ANGELES, CA--(Marketwire - Dec 17, 2012) - Vencor International, Inc. (PINKSHEETS: VCOR) is pleased to announce that it has finalized negotiations for the acquisition of a National and International Brand for cash and shares. They are well-established labels and have been in business for 40 years. The brands have longstanding and ongoing vendor relationships with many national major retailers including Nordstrom, Bloomingdale's, Macy's, Sears, JC Penney and Dillard's.

The integration of the company's operations, as well as identifying cost and sales synergies with our current managed brand 'Leisure Works,' will begin immediately.

After several years of restructuring, Vencor has completed all required fiscal and accounting reporting requirements. Vencor will announce a name change to re-brand and better reflect our new mission and direction.

Chris Kim, our new Operating Director, said, "To develop and execute the company's evolution, we are engaging a new management team to take advantage of the current and additional opportunities the company has leveraging its brand assets and tax loss carry forward of approximately $8,000,000."

The company anticipates reporting additional developments for its current and new products and projects in the near future.

About Vencor

Vencor International, Inc. is a diversified management and holding company dedicated to growing shareholder value. Vencor conducts business through wholly owned subsidiaries by overseeing operations, allocating resources, and managing capital structures. Vencor provides direction and assistance to its companies with acquisition and growth opportunities and also seeks out, evaluates new businesses that offer potentially attractive returns on capital.

Vencor currently conducts its operations with a focus on apparel and luxury accessories businesses.

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