OBN Holdings Signs Deal with China Consultant

OBN Holdings (Pink Sheets: OBNI), today announced the signing of an agreement with BMI Consultants (Shenzhen) Limited (“BMI”), a wholly owned subsidiary of BM Intelligence Group. Under the terms of the agreement, BMI will assist OBN in identifying acquisition and related business opportunities throughout China.

Additionally, OBN and BMI will jointly identify and collaborate on projects based in Hong Kong and Mainland China. “This is a great opportunity for OBN to further penetrate the Chinese market,” stated Roger Neal Smith, OBN President and CEO. “Over the past year, OBN and BMI have gotten the chance to develop a strong relationship, and this formal agreement represents an even greater commitment to each other. Over the next year, we expect to increase our net worth from Chinese operations alone by approximately $5 million.”

About BM Intelligence

BM Intelligence Group ("BMI"), founded in 1995, has been listed on the Hong Kong Stock Exchange (stock code: 8158) since 2001. The company provides tailor-made corporate consulting and financial services to both company and individual clients. The Group's head office is located in Hong Kong with branch offices in Shanghai, Beijing and Shenzhen. BMI engages in a wide variety of professional services that include pre-IPO consultancy, corporate finance, corporate services, professional translations, asset valuations, real estate & agency, financial & corporate communications, event management, strategic marketing, funds & wealth management, information technology as well as China business.

About OBN Holdings

OBN Holdings is engaged in acquiring and subsequently developing businesses worldwide. Its mergers and acquisition activities have resulted in the company having interests in a diverse number of industries, including entertainment, manufacturing, technology and business services. OBN is internationally diversified with offices and subsidiaries in the United States, Hong Kong and Japan.

For the latest SEC filings or past news releases, go to the company’s web site at www.obnholdings.com and click on the Media heading. Information about OBN Holdings Hong Kong can be found at www.obnholdings.com/us, and information about OBN Holdings Japan can be found at www.obnholdings.com/en.