Eastern Services Holdings, Inc. Finalizes Its Merger by Changing Name to Fund.com Inc and Completes Stock Dividend

NEW YORK, NY, Jan 22 (MARKET WIRE) --
Eastern Services Holdings, Inc. (OTCBB: ESVH) today announced it has changed
its name to Fund.com Inc to reflect its newly acquired business in a reverse
merger with privately held Fund.com Inc that was filed with the SEC on January
16th. In addition to the change of name, the previously announced stock dividend
was completed and took effect on January 15, 2008.

Fund.com Inc ("Fund.com") intends to operate an Internet-based financial
publishing, online advertising and content licensing business focused
exclusively
on the investment fund industry. Fund.com owns the highly marketable and easily
remembered Internet domain name www.fund.com which will host the company's
intellectual property and content.

Fund.com is now offering visitors to www.fund.com a free subscription to
EQUITIES Magazine.

About Fund.com

Fund.com is an online publisher focused on the financial information sector,
particularly the $22.6 trillion fund market. Fund.com plans to make
available fund Indexes, trademarks and intellectual property to third party
providers in exchange for licensing fees. For individual investors, Fund.com
plans
to be a source of information regarding investment funds, including mutual
funds, hedge funds, money market funds, exchange traded funds, closed end funds,
commodity funds and other types of pooled investment vehicles. For banks and
financial institutions, Fund.com intends to offer licensing agreements for
branded customized indexes used to construct investment products such as
ETFs or Index-linked bonds, and in exchange for online advertising
success-fees, Fund.com plans to connect product providers with new clients.

Safe Harbor Statement

This news release contains various forward-looking statements which
consistof any statement other than a recitation of historical fact and can be
identified by the use of forward-looking terminology such as "may," "expect,"
"anticipate," "estimate," "plan," "continue" or the negative thereof or other
variations thereon or comparable terminology. The reader is cautioned that all
forward-looking statements are speculative, and there are certain risks and
uncertainties that could cause actual events or results to differ from those
referred to in such forward-looking statements.

We caution that these statements are further qualified by important
factorsthat could cause actual results to differ materially from those contained
in the
forward-looking statements, that these forward-looking statements are
necessarily
speculative, and there are certain risks and uncertainties that could cause
actual
events or results to differ materially from those referred to in such
forward-looking statements. These risks and uncertainties include those set
forth from time to time in our filings with the Securities and Exchange
Commission. We are under no obligation, and do not undertake any duty, to
update these forward-looking statements at any time.

Contact
Justine Sacco
Tel: (212) 561-7467
E-mail: Email Contact

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