BEVERLY HILLS, Calif., June 16, 2005 (PRIMEZONE) -- Sandy Steele Unlimited, Inc (Pink Sheets:SSTU) intends to start releasing quarterly financial results beginning in January 2006. SSTU will also consider listing on the OTCBB or AMEX Exchanges at that time. The company will use a December 31 fiscal year for its accounting purposes.
"SSTU is at a point in its growth where it is positive and prudent to release consolidated financials for all its divisions...beauty, finance, and publishing," stated CEO Steele.
Sandy Steele Unlimited (SSTU) is an emerging conglomerate that owns and operates companies in the beauty, health, financial management and publishing industries (see www.steeleunlimited.com). The Siegel Group Inc. (www.thesiegelgroup.com), a wholly owned subsidiary of SSTU, is an international money management company with offices in Beverly Hills, California, and New Orleans, Louisiana. Grammaton Press, LLC, a wholly owned subsidiary of SSTU, is a publisher of non-fiction texts in genres such as financial planning, human rights, and world history (www.grammatonpress.com).
SAFE HARBOR: With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of its products; ability to obtain financing; the impact of changing economic conditions; business conditions in the internet and direct marketing industries; reliance on third parties, including potential suppliers; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release. The company currently does not report its quarterly financials to the Securities and Exchange Commission.