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National Investment Corp Real Estate Holdings Commences Corporate Restructure

^{Published on 2010-07-06 06:11:20 - Market Wire}
 

NEWPORT BEACH, CA--(Marketwire - July 6, 2010) - National Investment Corp Real Estate Holdings (PINKSHEETS: [ NLIR ]) announced today that the company is in the process of a complete restructure of its business model in order to enhance its overall position in the marketplace. As part of the restructure the company had decided to form an advisory board to assist in achieving its objectives of either purchasing and/or funding distressed residential and commercial properties at various stages of completion. Properties are expected to be acquired at significant discount to market value, particularly in the sun-belt States including, but not limited to, CA, FL, NV and AZ.

Advisory board members will be expected to have a significant track record and expertise in both the commercial and residential real estate markets, specifically in the acquisition, funding, and construction aspects of the industry.

ABOUT NATIONAL INVESTMENT CORP REAL ESTATE HOLDINGS

National Investment Corp Real Estate Holdings' mission is to take advantage of all real estate investment opportunities in an effort to maximize shareholder value.

This press release is not a solicitation of a proxy, an offer to purchase nor a solicitation of an offer to sell shares of National Investment Corp Real Estate Holdings, and it is not a substitute for any proxy statement or other filings that may be made with the Securities and Exchange Commission ("SEC") should this proposed transaction go forward. If such documents are filed with the SEC, investors will be urged to thoroughly review and consider them because they will contain important information, including risk factors. Any such documents, once filed, will be available free of charge at the SEC's website ([ www.sec.gov ]) and from National Investment Corp Real Estate Holdings.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of National Investment Corp Real Estate Holdings which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

This press release includes forward-looking statements within the meaning of the federal securities laws that are subject to risks and uncertainties, including the inability to satisfy the conditions to any proposed transaction, general economic conditions, and other factors that may be identified in filings made with the SEC.