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Macada Holding, Inc. Offers Company Update

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  Published in Business and Finance on Tuesday, May 25th 2010 at 9:30 GMT by Market Wire
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POMPANO BEACH, FL--(Marketwire - May 25, 2010) - Macada Holding, Inc. (PINKSHEETS: [ MCDA ]) announced that management has completed negotiations on three acquisitions in the medical and sporting goods manufacturing industry. The company plans are to acquire each of these companies and their assets into the company's subsidiary Lyfetec, Inc.

Macada Management also has completed the Lyfetec audit and Macada's disclosure statement and placed them on the Pink Sheets. "We have been working diligently to improve the company structure and position to become a profitable company for shareholder value. We intend to double the company's revenue by the end of the 4^th quarter," said Anthony Mellone, MCDA's President. "The Company is now in the process of finalizing definitive agreements to acquire medical and supplement products," he continued. "To this end, we will increase the transparency of the company through public disclosure and the posting of financial statements of the new company structure. Lyfetec's continued focus will be in the medical industry, Pembroke will focus in the sporting goods industry." Macada will announce each deal upon completion of any closing.

Lyfetec, Inc. also announces, as of today that the company is exploring the opportunity of an acquisition or merger of its second product line. "We presently have several professional relationships in the United States and internationally for distribution and interest with three companies in global private branding licenses and distribution rights with their product lines," said Mr. Mellone. "More more information will be released subsequent to any closing."

Safe Harbor Provision

This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Macada Holding, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.