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RELM Holdings Inc. : RELM Holdings Sub Enters Into Support Agreements

^{Published on 2009-08-04 09:38:33, Last Modified on 2009-08-04 09:38:43 - Market Wire}
 

WILMINGTON, DE--(Marketwire - August 4, 2009) - RELM Holdings Inc. (PINKSHEETS: [ RELM ]) announces that its subsidiary, Access Versalign Inc. ("AVI") through Versalign Inc. has recently entered into support agreements with two national Information Technology and Audio/Visual Support and Logistics firms. Through these relationships, Versalign will provide IT support and Telephony services for many familiar national retailers and restaurants within its service territory. These agreements are expected provide additional revenue and allow Versalign to expand its service offerings. For more information about Versalign visit, [ www.versalign.com ].

AVI is embarking on a strategy to acquire businesses that directly support its business platform. AVI is in various stages of discussion with several other companies that are philosophically, operationally, technologically, and financially additive to its corporate business model. Of the current companies targeted, some will be structured as free-standing subsidiaries and others will be absorbed into existing operations.

About RELM

RELM provides financial, information technology and business application solutions for private sector and government clients. We use our technology tools and talent to manage assets, monitor cash flow and stream line operations while providing total transparency to our clients. The income from these services allows us to carry out our business model. Additionally, our non-consolidated large balance sheet that holds restricted public stock, concentrated in an affiliate (which is quoted under the stock symbol PCSO), is used in a conservative corporate structure to acquire other businesses with positive EBITDA potential, as the public stock becomes unrestricted under SEC Rule 144.

For more information see the RELM Holdings Inc. visit [ www.pinksheets.com ] under Filings and the website: [ www.relmholdingsinc.com ].