SALT LAKE CITY, Nov. 2, 2005 (PRIMEZONE) -- For the convenience and ease of its cell-phone using customers, Beneficial Holdings, Inc. (Pink Sheets:BFHJ) announces that it will make available to its consumers the ability to order and pay for product via text messaging technology. It has been reported that the global wireless market has 1.8 billion subscribers -- out of a global population of 6.5 billion -- and is on the rise. In other words, the widespread use of cell phones is continuing to increase and cell phone technology is becoming a major form of communication.
Harvey Carmichael, Beneficial's President, commented, "Since text messaging has become part of everyday life, it makes perfect sense that our company should be looking to utilize this technology as a flexible communication tool. We plan to make it easy for our customers to purchase our products through a text messaging program. We believe that this innovate technology will not only be user-friendly for our consumers, it will also give Beneficial a competitive advantage in the health and beauty market place."
About Beneficial Holdings
Beneficial Holdings is an innovative nutraceutical company based in Salt Lake City, Utah, that has developed several unique lines of dietary supplements marketed under the name of Beneficial Health Systems. Beneficial's current product lines can be viewed at www.WillpowerRX.com, www.EnjoyRX.com, www.EnduranceRX.com and www.HerbalMuscle.com. Beneficial is committed to being a market leader and innovator within the nutraceutical field.
This press release contains forward-looking statements, which are made pursuant to the Safe Harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties that could cause actual results to be materially different. Factors include, but are not limited to, available funding, market acceptance, competition, recruitment and retention of personnel, dependence on key personnel and certain risks associated with the projects in which the company is engaged to complete and others. The forward-looking statements should be considered in light of these risks and uncertainties. The company disavows any obligation to update or correct any of its forward-looking statements.