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Beneficial Holdings Acquires Beneficial Health and Beneficial Nutraceuticals.


Business Editors

SALT LAKE CITY--(BUSINESS WIRE)--June 15, 2004

Beneficial Holdings (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
: BFHJ) is pleased to announce the official acquisition of Beneficial Health Systems and Beneficial Nutraceuticals and their respective product lines.

Currently the combined Beneficial companies have seven different products and three distinct product lines. The combined Beneficial companies also has plans to introduce two additional products during the 4th quarter of 2004. The current product lines can be viewed at www.WillpowerRX.com, www.EnjoyRX.com, www.EnduranceRX.com, and www.HerbalMuscle.com.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
, which are made pursuant to the Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of Section 27A of the Securities Act of 1933, as amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties that could cause actual results to be materially different. Factors include, but are not limited to, available funding, market acceptance, competition, recruitment recruitment /re·cruit·ment/ (re-krldbomact´ment)
1. the gradual increase to a maximum in a reflex when a stimulus of unaltered intensity is prolonged.

2.
 and retention of personnel, dependence on key personnel and certain risks associated with the projects in which the Company is engaged to complete and others. The forward-looking statements should be considered in light of these risks and uncertainties. The Company disavows any obligation to update or correct any of its forward-looking statements.

For more information about Beneficial Holdings please contact: First Capital Investors, Inc. Dante Panella, 407-656-9600 x 5 www.firstcapitalinvestors.com.
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Publication:Business Wire
Date:Jun 15, 2004
Words:225
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