BAY HARBOR ISLANDS, FL--(Marketwire - Mar 5, 2012) - Vanity Events Holding, Inc. ("Vanity" or the "Company") (OTCBB: [ VAEV ]) announced today that Greg Pippo, the Company's chief financial officer, has assigned the domain names [ www.buyborroworsell.com ] and [ www.buyborroworsell.net ] (the "Domain Names") to the Company as an umbrella for a host of consumer sites offering merchandise in a wide array of categories. Lloyd Lapidus, the Company's interim chief executive officer and Pippo pioneered the concept of luxury fractional ownership as co-founders of BagBorrowOrSteal.com

"We will utilize the Domain Names as a platform for a wide range of highly desirable consumer goods," said Lapidus. "We plan on giving consumers access to these items across a number of highly innovative platforms."

"We recognize that in today's economy shared consumption is the ideal vehicle to address consumer demands," said Pippo. "We are going to be offering consumers, in highly desirable categories, flexible options for owning, enjoying and conveniently selling goods that they are passionate about across a wide array of platforms."

About Vanity Events Holding, Inc.

Vanity Events Holding, Inc. is a holding company with expanding lines of business. The company's mission is to acquire and develop diverse businesses with innovative products or services while maintaining synergistic partnerships and relationships. For additional information go to [ www.vanityeventsholdinginc.com ]

Forward-Looking Statements:

This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission at [ www.sec.gov ].