Steadfast Holdings Group Subsidiary in Unique Test of Its Coating Product in Turks & Caicos

EAST HAVEN, CT, Mar 31 (MARKET WIRE) --
Steadfast Holdings Group, Inc. (PINKSHEETS: STHG) announced today that
its subsidiary, Steadfast Coatings, has entered into an agreement with Ananyara
of Turks & Caicos to apply its proprietary protective coating product to a test
pond
in order to eliminate the algae buildup. Such algae buildup is a major problem
and expense in decorative artificial and nature pond waters throughout most of
the
warmer climates. If the test meets its goals, Steadfast's coating will be
applied
over time on pond surfaces located in over 100 acres in Turks & Caicos,
potentiallygenerating over $20 million in cumulative revenues for the coatings
subsidiary.

John Calash, CEO of Steadfast Holdings Group, Inc., stated, "The selection
and use
of our proprietary coating product for this type of environmentally-friendly
application is extremely exciting to us. Clearly, a successful test will mean
that our product has a 'break-through' new market application for it -- one
that is immensely gratifying to us as well as highly profitable. We look
forward to the results of the test in the months ahead, and believe that a
successful test result will represent a new channel of economic growth for
us as well."

About Steadfast Holdings Group, Inc.

Steadfast Holdings Group distributes a variety of products to the automotive
aftermarket, many of which are used in other commercial and consumer
applications. The core business is its spray on truck bed protection product
which offers specially formulated polymers that permanently bond to the
truck's bed. The Company's spray-on Polyurea is a remarkable technology
with a range of uses limited only by your imagination. They are also utilized
in commercial, industrial, agricultural, military and custom applications when
this
tough coating is used to protect everything from metals to concrete against
chemicals,solvents, fuel, etc. The Company is a licensed dealer for the
following aftermarket
products: A. R.E. Truck Caps and Lids, Tool Boxes, Nerf Bars, Tube Steps,
Running Boards, Rack Systems, Rail Caps, Tonneau Covers, Fender Flares, Grilles,
Visors, Bug Shields, Roll-Up Covers, Side Rails, Mud Guards, Floor Mats,
Lights, Trailer Hitches, Stainless Steel Accessories and Lift Kits. Steadfast
also
has distribution agreements with the several companies that manufacture light
truck aftermarket products. Additional information may be found at
www.steadfastlinings.com.

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:
Steadfast Holdings Group, Inc.
Investor Relations
561-820-9551

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