Beneficial Teams up with Elite Nutrition


SALT LAKE CITY, Utah, Sept. 2, 2005 (PRIMEZONE) -- Beneficial Holdings (Pink Sheets:BFHJ) is pleased to announce that Elite Nutrition will assist Beneficial in making its products available for purchase in select gym locations. Elite Nutrition will initially focus its distribution efforts on selecting gym locations including Ballys(TM) and Gold's(TM) Gym.

Beneficial's President, Harvey Carmichael, said "We are excited about the potential distribution Elite Nutrition can bring the Beneficial Health product line. Elite has already received some extremely positive feedback about the Beneficial product lines and we expect that they will deliver us purchase orders very shortly".

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.

For more information about Beneficial Holdings (BFHJ), please contact: Harvey Carmichael, 888-372-3791.

These statements have not been evaluated by the FDA. This product is not intended to treat cure or prevent disease.



            

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