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RELM Holdings Inc. Seeks an Investment Banking Advisor

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  Published in Business and Finance on Tuesday, November 3rd 2009 at 9:55 GMT by Market Wire
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WILMINGTON, DE--(Marketwire - November 3, 2009) - RELM Holdings Inc. (PINKSHEETS: [ RELM ]) seeks to engage an investment banking firm to represent and advise the company as it continues to pursue the planned acquisitions of several Information Technology service companies that will complement the offerings of Access Versalign Inc. (AVI).

RELM expects the Investment Banking firm to advise and consult on acquisition structures, valuation models, and funding sources to complete the prospective transactions.

According to Randall Burton, President, "We are very pleased with the level of expertise and enthusiasm that we have seen in the groups that we have interviewed. We expect to sign an engagement agreement in the near future and look forward to increasing the depth of talent on our team."

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 RELM, please visit [ www.relmholdingsinc.com ].

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. For more information about Versalign, please visit [ www.versalign.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.