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ONE Holdings, Corp. : ONE Appoints Marius Silvasan as Vice Chairman, CEO

^{Published on 2009-09-02 06:07:13 - Market Wire}
 

MIAMI, FL--(Marketwire - September 2, 2009) - ONE Holdings, Corp. (OTCBB: [ ONEZ ]) ("ONE" or the "Company") ([ www.onehcorp.com ]), an investment company owning majority equity interest in core operating assets in Biotechnology located in the Asia Pacific region, announced today it has named current interim President Marius Silvasan as its new CEO and Vice Chairman of the Board.

Mr. Marius Silvasan, a strategist and senior executive, brings over 17 years of distinctive leadership. Mr. Silvasan will lead ONE and its management team on a path towards organic and acquisition driven growth.

"Marius is a born strategist and an effective leader. He is extremely diligent in what he does and his success comes from having a lucid vision of his assignment and being able to execute on his planned strategy with clear direction," commented Chairman Michael Weingarten. "Marius' strong finance and business background will provide ONE the required experience to acquire, fund and grow biotechnology and health-related companies in the Asia-Pacific region," added Mr. Weingarten.

"I believe the key to unlocking shareholder value is driven by sustained organic growth of current operations and synergistic accretive acquisitions. In recent years Asia-Pacific has been a critical region in driving international growth. I have first hand experienced said growth with my involvement as Chairman of Abacus Global Investment ('Abacus'), a private investment firm focused in the Asia-Pacific region. I believe this trend will continue, which makes this region very attractive to us," stated Mr. Silvasan. "In the short period of time since Abacus acquired control of ONE and changed its business focus, we acquired substantial profitable assets including our recent acquisition of Green Planet Bioengineering ('GP') and our signing of a letter of intent to acquire Jianou Lvjian FoodsStuff Co. ('JLF'). Upon the closing of JLF based on 2008 results for both GP and JLF, our revenue, operating income and net income would increase by $27 million, $10 million and $7.7 million respectively," added Mr. Silvasan.

Marius Silvasan, age 36, resides in Miami, FL. Mr. Silvasan was appointed director and Interim President for ONE Holdings, Corp. June 9, 2009. Mr. Silvasan is a director of Abacus World Corp., a business advisory firm and Chairman and CEO of Abacus Global Investments, Corp. and Visioneer Holdings Group, Inc., both private investment companies, with Abacus being focused on the Asia-Pacific region. Mr. Silvasan is a leader and senior executive with over 17 years' experience in business development, mergers and acquisitions, strategic alliances, marketing, sales and finance. Mr. Silvasan has raised capital to fund various acquisitions and assist with organic growth. Mr. Silvasan founded TelePlus World, Corp. in 1999 and still serves as the Company's Chairman and CEO. Prior to TelePlus, Mr. Silvasan also held the positions of President and CEO for Visioneer Calling Card Inc. and Alliance TeleCard Corp. and National Sales Manager for The Home Phone Club. He is a graduate of HEC University in Montreal, holding both an undergraduate degree in business and an MBA.

About ONE Holdings, Corp.

ONE Holdings, Corp. ("ONE") (OTCBB: [ ONEZ ]) ([ www.onehcorp.com ]) headquartered in Miami, FL, is an investment company owning majority equity interest in core operating assets in Biotechnology located in the Asia Pacific region. Through ONE, smaller private companies gain access to capital, experienced management and strategic insight. ONE intends to build strong synergies amongst all subsidiaries to enhance shareholder value. ONE is working with each subsidiary to promote organic and acquisition driven growth. ONE plans to leverage its' financing and distribution subsidiaries to provide ONE's very profitable biotechnology businesses with growth capital and expanded distribution allowing them to achieve scale. As scale is achieved, ONE intends to bring each subsidiary public to maximize value to its investors.

This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). ONE Holdings, Corp. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the expectations contained in any such forward-looking statements. These risks include, but are not limited to: failure to manage operating expenses or integrate new companies and/or technologies, each of which could have a material impact on our business, our financial results, and the company's stock price. These risks and other factors are detailed in the Company's regular filings with the U.S. Securities and Exchange Commission. Most of these factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made and ONE Holdings, Corp. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.