BEVERLY HILLS, Calif., July 13, 2006 (PRIMEZONE) -- Sandy Steele Unlimited (Pink Sheets:SSTU), an emerging beauty, health, publishing and financial conglomerate announced today that the company has gradually repurchased 320,000 shares of its common stock through a previously announced repurchase plan. SSTU may continue to acquire additional shares of the common stock through open market and privately negotiated transactions.
Sandy Steele Unlimited, Inc. (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. Grammaton Press, LLC, a wholly-owned subsidiary of SSTU, is a publisher of non-fiction literature in genres such as financial planning, human rights, and world history (www.grammatonpress.com).
The Sandy Steele Unlimited logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1993
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.