Expo Holdings Completes Debt Restructuring

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Wed Jun 24, 2009 10:11am EDT

  NORTH WILKESBORO, NC, Jun 24 (MARKET WIRE) -- 
Expo Holdings, Inc. (PINKSHEETS: EXPH) completes debt restructuring.

    James D. Brown, CEO, stated, "We have now completed the final stages of
our debt restructuring. Including the restructuring of nearly $400,000 in
short term loans with Southern Community Bank and Wachovia Bank into long
term notes. These conversions were made under favorable interest
conditions. Recently, we also completed our share restructuring. Both of
these tasks were completed in preparation for our short term growth
strategy."

    Additionally, Brown stated, "We also continue to enjoy a great
relationship with Crestmark Bank. We still operate and use a 1M credit
facility with them. The company anticipates a continued relationship and
access to this capital throughout 2009 & 2010."

    Shareholders are always welcome to visit. Please contact us at 336-667-
8765 and make your arrangements to visit.

    http://www.expoholding.com

    Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly
owned subsidiary of Expo Holdings, which specializes in custom cabinetry
and high end store fixtures for retail vendors such as Newell-Rubbermaid,
Inc., Bosch Tool Corporation, Kronotex, USA, and Lowe's Companies. D&D
Displays has been in operation since 2000 and joined Expo Holdings in
2006.

    This release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are inherently
uncertain. Actual performance and results may differ materially from that
projected or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and regulatory
and shareholder approvals for anticipated actions.

    

Contact:
J.D. Brown
D&D Displays, Inc.
336-667-8765

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