FT. LAUDERDALE, FL -- (Marketwire) -- 08/04/09 -- Macada Holding, Inc. (PINKSHEETS: TSHL) has implemented our new vision to reshape the efforts we have been working on over the last three months. The company has focused in the medical industry, we restructured our efforts to complement this economic crisis. Our company objective is to move on to the OTCBB and become a fully reporting company and build a major structure in the medical industry by acquiring other medical companies with the same interest. So far we have several companies joining the stucture of the initial plan. Our intentions are to merge and or sell the assets of LyfeTec, Inc. subsidiaries with an OTCBB company presently in completion of the deal. We feel we have done what we can to ensure a positive outlook for our shareholders. We have made a solid foundation and we plan to move and begin operations this week, we have signed five letters of intent with operating companies and four distribution agreements. The company is also in negotiations for three new products with a German company soon to be announced. TSHL will have a new company structure and new executive team, which will bring a fresh perspective to the company and the industry.
The company is now looking for new officers, Directors and sales team.
Management has revamped the company and, moving forward with its new medical business plan, shall only focus in the medical industry. Founder / CEO Anthony Mellone has set all the new wheels in motion and will begin to acquire said companies in the medical industry. We are presently in the completion stages with the actual agreements. Pinksheets has been paid at this time and we are now awaiting for the completion of our financials to post on the disclosure statements for our caveat to be removed.
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, 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.