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OBN Holdings Launches New Brand of Scotch

^{Published on 2010-06-01 06:12:56 - Market Wire}
 

LAS VEGAS, NV--(Marketwire - June 1, 2010) - OBN Holdings, Inc. (PINKSHEETS: [ OBNI ]) today announces the filing of the trademark for "Loch Abar Highland Scotch Whisky," its new brand of Scotch whisky. The brand will initially be offered in three forms -- blended, 12-year old premium blended and 10-year old single malt. "We are thrilled about our new products," stated Roger Neal Smith, OBN Holdings President and CEO. "This is the first of a number of items to be distributed under OBN controlled brands. This strategy gives us control of our products and also adds a valuable asset to the company in the form of a trademark."

Loch Abar Highland Scotch Whisky will be distributed through Kyodo USA, OBN's wholly-owned trading company. The first product shipments are expected to occur during the summer of 2010.

About OBN Holdings

OBN Holdings is engaged in acquisition and subsequent development of businesses worldwide. The company has interests in a diverse number of industries, including entertainment, manufacturing, technology and business services. OBN is internationally diversified with offices and subsidiaries in the United States, Hong Kong and Japan. The company posted revenue of $18 million for its previous fiscal year.

For latest SEC filings, go to the company's web site at [ www.obnholdings.com ] and click on the "Investor Info" heading. Periodic updates can be seen on the CEO's Blog at [ www.obnholdings.com/smith ].

OBN Holdings, Inc.: 8275 South Eastern Avenue, Suite 200, Las Vegas, Nevada 89123. (702) 938-0467

This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of OBN Holdings, nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward looking statements: This press release and other statements by OBN Holdings may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe", "expect", "estimate", "potential", or future/conditional verbs such as "will", "should" and "could".