RELM Relm Holdings Inc (CE)

AVI completed the acquisition of Versalign Inc. on February 20, 2009, and involved the restructuring of Versalign's current Bank debt using Protective Capital Structures Corp's proprietary BCLOC product as collateral. Once the collateral is liquidated, the BCLOC will be fully funded and expected to pay off the AVI / Versalign bank debt, reduce the AVI borrowing costs, and provide more liquidity for AVI.

The controlling shareholders of RELM and AVI have exchanged their shares, giving RELM the majority interest in AVI. In compliance with the acquisition agreement, the balance of the AVI minority shareholders are expected to receive their RELM shares after August 20, 2009, but before the end of the third quarter ending September 30, 2009. Each AVI shareholder will receive 14.02 shares of RELM for each share of AVI.

This acquisition by RELM marks the second of several acquisitions that are expected to be completed in 2009. Other acquisitions are planned as RELM continues to streamline its operating structure to provide improved visibility into its operational and financial performance.

About AVI

AVI was organized in 2008 and in 2009 acquired Versalign Inc., which was founded in 1985 and currently provides targeted Information Technology solutions for corporate, professional and governmental clients in the Mid-Atlantic region. AVI provides RELM with new top management plus it increases the employee base to over 25 employees. This acquisition gives RELM access to cash flows and expanded business opportunities in the information technology industry. In 2008, on a pro-forma basis, AVI has over $9 million in assets (primarily from a related company) as a consolidated company and generated $2.5 million in gross revenue with $319,680 in EBITDA. For more information about Versalign, please visit www.versalign.com.

About RELM

RELM was incorporated to acquire operating businesses and is now a holding company with a primary focus on financial and information technology services along with real estate. The Company bases its business model on the acquisition of synergistic businesses with the capability to support and compliment its financial and technology products. RELM intends to lead a vertically integrated family of companies that will provide full solutions for its affiliates and clients, such as underwriting, servicing, raising capital, and commercialization, while securitizing and guaranteeing its products in the marketplace. Since 1994 the Company has conceived, designed, and developed innovative, new products that "absorb asset risk." For more information about the Company, please visit www.relmholdingsinc.com.

SAFE HARBOR

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its newly expanded business model or acquire businesses and real estate, actual results may differ materially from the expectations expressed in the forward-looking statements.

Contact: RELM Holdings Inc. manager@relmholdingsinc.com

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