TUBAC, Ariz., April 28, 2005 (PRIMEZONE) -- Tubac Holdings, Inc. (Pink Sheets:TBAH) announced that the company has completed the acquisition of major equity positions in four exciting publicly traded companies. Tubac Holdings, a holding company dedicated to enabling emerging businesses to succeed in the public marketplace, has taken an equity stake in SANDOIL, Inc., New Life Solutions, Inc., Kachina Gold Corporation and Chef Selections, Inc. Tubac is currently negotiating with other potential acquisition targets as well.
"We selected these companies because they are each uniquely positioned to become leaders in the growing industries they serve," said Harold Tanner, President and CEO of Tubac Holdings. "With our equity and guidance behind them we expect great things from each affiliate. Because the companies are already public, we anticipate that these acquisitions will deliver significant growth to Tubac's stock value."
Tubac Holdings' new partner companies operate in the high-growth oil production, nutraceutical, gold and specialty food market sectors. By leveraging the diversified holding company infrastructure and serving a variety of industries, these businesses will assist and support each other. This sound business strategy is geared to provide stability, enable growth, add assets to the Tubac portfolio and increase shareholder value.
About Tubac Holdings, Inc.
Tubac Holdings, Inc. (Pink Sheets:TBAH) is a holding company built on the belief that the world's greatest potential for financial growth lies in emerging companies. Tubac Holdings finds undervalued small and microcap businesses with innovative products, services and technologies and delivers the equity, financial guidance, strategic counsel, consulting and business functions they need in order to succeed in the public marketplace. Taking an equity stake in standout emerging growth companies creates assets and drives shareholder value for Tubac Holdings, and the diversified holding company organizational structure and range of industries provides diversity of risk. For more information please visit Tubac's website at www.tubacholdings.com.
Safe Harbor
Certain statements above constitute forward-looking statements with respect to Tubac Holdings, Inc. and affiliated companies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.