Crystal Signs Agreement and Partners up With Union Trades Department AFL-CIO

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Wed Jun 10, 2009 4:39pm EDT

  LOS ANGELES, CA, Jun 10 (MARKET WIRE) -- 
Crystal Properties Holding, Inc. (PINKSHEETS: CPHG) signed a Construction
Project Labor Agreement (PLA) for the future ROCKFORD RIVER DISTRICT
DOWNTOWN REVITALIZATION program in Rockford, Illinois (Winnebago County)
with the Craft Local Unions Affiliated with the Building & Construction
Trades Department AFL-CIO.

    In an interview with RWG, The Union President and Business Representative
and Organizer, Brad Long (www.carpentersunion.org), and International
Union of North America Business Manger, Tom DalSanto of Local #32 -
A.F.L. / C.I.O., stated, "The union trades are exited to be involved with
Crystal Properties Holdings, Inc."

    Peter Anello, The President of Crystal Properties, stated, "The union is a
strong partner in the community and an integral part of the overall
success of a project of this magnitude. The CPHG team is honored to have
the union on board."

    About Crystal Properties Holdings, Inc.

    The Company is focused on aggressively purchasing and selling discounted
real estate, real estate portfolios and underdeveloped properties from
individual investors, financial institutions, developers and banks.

    For Additional Information, go to the Website: www.crystalhg.com.

    This press release contains certain "forward-looking statements" within
the meaning of federal securities laws including the use of the words
"expect," "anticipate," "estimate," "project," "forecast," "outlook,"
"target," "objective," "plan," "goal," "pursue," "on track," and similar
expressions. Although the Company believes that the statements were
reasonable when made, these forward-looking statements are subject to
known and unknown risks, uncertainties and other factors that may cause
actual results, performance, or achievements of the company to be
different from those expressed or implied. The Company assumes no
obligation and does not intend to update these forward-looking
statements. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking
statements include, without limitation: competitive and general economic
conditions, adverse effects of litigation, the timely development and
acceptance of our products and services, significant changes in the
competitive environment, the failure to generate or the loss of
significant numbers of customers, the loss of senior management or
increased government regulation.

    

Contact:
Peter Anello
President
Email Contact

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