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SALT LAKE CITY--([ BUSINESS WIRE ])--STI Holdings, Inc. (Pink Sheets: STIG) (a Nevada Corporation) and Link Bit Consulting Co., Ltd., a Japanese Corporation (aLinka), have signed a Letter of Intent with respect to principal terms and conditions and shall enter into a definite Agreement and Plan of Merger and Reorganization (the aMerger Agreementa) pursuant to which Link and STI Acquisitions will merge. The merger is expected to close on or about the close of business, May 12, 2012. The Company will change its name to Grand Perfecta Inc. and the company will immediately apply for a new CUSIP number and trading symbol to reflect the name change.

Located in Tokyo, Japan, Link Bit Consulting Co., Ltd is engaged in the business of transmitting and providing horseracing information via various media, as well as an internet website. Also, publishing magazines and books in the Horseracing and Sports industry.

In accordance with the terms of the LOI, all current officers and directors of the company will resign, and Mr. Shuya Watanabe will be appointed as Chairman and Chief Executive Officer. Other new Officers and Directors will be announced at the closing.

The parties hereto acknowledge that this letter does not contain all particulars upon which the agreement will be reached in order for the acquisition to be consummated. Further, among other conditions specified herein or otherwise agreed to by the parties, the obligations of all parties are subject to further negotiations.

Forward-Looking Statements: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ from expectations reflected in those statements. The company undertakes no obligation to publicity alter or revise projections to reflect actual events or circumstances that may arise after date of publication.