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Empyrean Holdings Inc. Confirms Completion of Acquisition of Tradewinds International Corp. Will Be On or Before April 12, 2005 Thursday March 31, 10:00 am ET
HOUSTON--(BUSINESS WIRE)--March 31, 2005--Empyrean Holdings Inc. (OTCBB: EPYH - News) is pleased to confirm that the legal work needed to complete the acquisition of Tradewinds International Corp. is nearing completion. Both parties have agreed that the closing date should be scheduled for on or before April 12, 2005. Tradewinds will become an active subsidiary of the corporation that will continue to pursue opportunities in the real estate business initially in the popular resort destinations in Florida. Presently two properties with excellent investment potential are being evaluated in Key West and Orlando.
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
-------------------------------------------------------------------------------- Contact: Empyrean Holdings Inc., Houston Robert L. Lee, 713-260-7236 www.epyh.com
-------------------------------------------------------------------------------- Source: Empyrean Holdings Inc.
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