SALT LAKE CITY, UT -- (Marketwire) -- 07/29/09 -- Nexia Holdings, Inc. (PINKSHEETS: NXHD),
a diversified holdings company, announced that its salon division recorded
revenues for the six months ended June 30, 2009 of $1,006,000. Nexia's CEO
Richard Surber stated, "I am encouraged by the revenues reported so far in
2009. Our goal is to exceed our 2008 annual revenues."
Our plan is multipronged including: 1. Ramping up our hiring efforts; 2.
Boosting employee morale; 3. Increasing our marketing efforts and most
importantly; 4. Acquiring additional locations by year
end 2009.
The above efforts coupled with Landis Salons' staff commitment to excellent
customer service and the Aveda 12 Points of Difference as discussed in this
short video at http://www.youtube.com/watch?v=joEeffVk13w&feature=related
are key to future growth prospects.
You can see Nexia's CEO, Richard Surber, on MoneyTV discussing Nexia's
future at: http://www.moneytv.net/nxhd26.mov
About Nexia Holdings, Inc.
Nexia Holdings, Inc. (PINKSHEETS: NXHD), headquartered in Salt Lake City,
Utah, is a diversified holdings company with operations in real estate and
health & beauty. Nexia owns a majority interest in Landis Salons, Inc.,
http://www.landissalons.com, a hair salon built around the world-class
AVEDA(TM) product line. For more information, visit
http://www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in
conjunction with its 2008 Annual Report which can be viewed at:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=22425.
Additional Nexia disclosures can be viewed at www.nexiaholdings.com and
www.sec.gov. Nexia ceased reporting with the SEC in April 2009.
This press release reports information gathered on a preliminary basis for
select points in time. The numbers are not audited, have not been reviewed
by an independent accountant and are subject to change and further review
as more information is gathered. The information does not reflect costs of
operations and does not predict profitable operations for Nexia and its
subsidiaries. This press release also contains forward-looking statements.
There are no assurances that such assumptions will prove correct. These
forward-looking statements involve a number of risks and uncertainties,
including an expectation of substantial increase in sales. The actual
results that Nexia Holdings may achieve could differ materially from any
forward-looking statements due to such risks and uncertainties. Investors
should not invest more than they can afford to lose in penny stocks.
