Ultimate Social Network, Inc. Set to Announce UltimateCollegeModel.com's 2007 Male and Female Winners

$50,000 Modeling Contract With Michele Pommier to Be Awarded


CHARLOTTE, N.C., April 7, 2008 (PRIME NEWSWIRE) -- Ultimate Social Network, Inc., a portfolio company of Double Eagle Holdings, Inc. (OTCBB:DEGH), is poised to announce the two $50,000 yearly winners as well as the runners up from the 2007 contestants at www.ultimatecollegemodel.com.

"Due to the redesign of the website, and its recent launch, we were not able to announce the 2007 winners. In order to bring closure to the 2007 contest, we wanted to prioritize its conclusion before launching the 2008 year with our re-formatted contest," stated Hank Durschlag, President, Double Eagle Holdings, Inc. "The response to our new site has been overwhelming, as new members are being signed up every day, and over 800 pictures have been uploaded in the first 10 days."

About Michele Pommier

Michele Pommier is an internationally recognized boutique modeling agency located in Miami Beach, Florida and has represented such world renowned talent as Christy Turlington, Elsa Benitez and Catherine Zeta Jones. Michele is a former model represented by the Ford Modeling Agency and has appeared on the covers of magazines such as Vogue and Bazaar.

About Ultimate Social Network, Inc.

Ultimate Social Network, Inc. (USNI) developed and owns The Ultimate College Model website, http://www.ultimatecollegemodel.com. USNI's goal is to develop social networking platforms that will appeal to a broad spectrum of internet and mobile media users, from teens to college students to the 30s and 40s age market, an extremely valuable demographic to retailers and advertisers.

About Double Eagle Holdings, Inc.

Double Eagle Holdings, Inc. is a closed-end investment company that invests in value-based opportunities that are typically either privately held or considered small or micro cap publicly traded companies. Double Eagle's investment objective is to generate both current income and long term capital appreciation through debt and equity investments. Double Eagle Holdings, Inc. is a registered business development company under the Investment Company Act of 1940 ("1940 Act").



            

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