FBC Holdings Announces Updates to Business Plans

NEW YORK, Oct. 4, 2012 /PRNewswire/ -- (OTC Markets: FBCD) FBC Management today announced that it will focus its revenue production efforts on the new FBC Flowboard and other extreme sports-related products. FBC's new management team said that the Company's immediate objectives will be to bring the FBC Flowboard into production as well as specialty products for in the extreme sports industry. FBC director Kevin Wright, an extreme-sports industry veteran stated that, "Extreme sports is the fastest growing sector in the sports industry today and it is anticipated that as the global economic downturn abates that spending in this sector will continue to accelerate. We have a unique product and additional high-quality specialty industry products that we wish to position to participate in this growth." Frank Russo added that, "We still have some housecleaning to do but the focus of this team is to generate revenue as quickly as possible. A real business produces goods or provides services. FBC now has the products and the talent to create a real organization of value and that is what we intend to do. Our shareholders have been patient but it is time for results."

The Company added that management is preparing a shareholder update which it will issue around the time of the filing of its annual report.

Readers may go to www.FBCFlowBoard.com or www.bombfactoryskate.com to view the products in action. There are also numerous videos featured on Google's (GOOG) You Tube.

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The Company is advising readers that non-affiliate shareholders of the company, and the Company may, from time to time, engage the services of unaffiliated firms to provide investor relations and advertising services. These third party shareholders may own the Company's shares and plan to liquidate, which may negatively affect the stock price. All content in our releases is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. The Company does not purport to provide an analysis of any company's financial position, operations or prospects and this is not to be construed as a recommendation by the Company or an offer or solicitation to buy or sell any security. Neither the Company nor any of its members, officers, directors, debt-holders, contractors or employees are licensed broker-dealers, account representatives, market makers, investment bankers, registered investment advisors, analyst or underwriters. Readers should always consult with a licensed securities professional before purchasing or selling any securities of any company including out own. It is possible that a reader's entire investment may be lost or impaired due to the speculative nature of the investment.

Some of the content in this release may contain forward - looking information within the meaning of Section 27 A of the Securities Act of 1 9 9 3 and Section 21 E of the Securities Exchange Act of 1 9 3 4 including statements regarding expected continual growth of the Company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect a company's actual results of operation. A company's actual performance could greatly differ from those described in any forward - looking statements or announcements mentioned in this release. Factors that should be considered that could cause actual results to differ include: the size and growth of the market for the company's products; the company's ability to fund its capital requirements in the near term and in the long term; pricing pressures; unforeseen and/or unexpected circumstances in happenings; etc. and the risk factors and other factors set forth in the company's filings with the Securities and Exchange Commission. However, a company's past performance does not guarantee future results.

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