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Non-Tech : Under $0.01 (..subpenny..) stocks

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From: jmhollen2/9/2006 2:44:48 PM
   of 733
 
JPHC -- JUPITER Global Holdings, Corp. Announces Retaining of Valuators to Aid in Preparation for Being Acquisition or Merger Target

LAS VEGAS, NV, Feb 09, 2006 (MARKET WIRE via COMTEX) -- JUPITER Global Holdings, Corp. ("JUPITER" or the "Company") (OTC: JPHC) today announces that it has retained well respected valuation firm Evans & Evans (www.evansevans.com) to prepare an independent Valuation Report to aid the Company in its preparation for merger or being acquired.


As previously mentioned the Company's Board of Directors has authorized its management to commence preparations to develop a plan to become a target for acquisition or merger by a suitable strategic buyer. Having an independent fair market value report completed is a key step amongst the other preparations the Company is undertaking.

The Company feels retaining Evans & Evans as its valuator allows the Company to work towards attaining the best value for the shareholders in any potential merger or acquisition transaction.

The Board of Directors and management feel that upon completion of a cohesive plan to ready the Company for a possible acquisition, JUPITER will become a more attractive target to be acquired by, or merged with other companies that see JUPITER as an ideal candidate.

ABOUT JUPITER GLOBAL HOLDINGS, CORP.

JUPITER Global Holdings, Corp. is a holding company with interests and developments in a diverse number of growing industries. JUPITER plans to achieve a leadership position through the building of a synergistic network of innovative, profitable and global businesses.

Please visit our website: www.jupiterglobal.net
For more information please contact:
JUPITER Global Shareholder Services
Phone: 1.800.963.6532

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