Winsted BDC Side to Focus on Rebuilding Businesses While GaeaCare Focuses on Cleanup Projects

Winsted Holdings, Inc. (OTC BB: WHLI), a Business Development Company (BDC), is pleased to announce that it is focusing on its Hurricanes Katrina and Rita efforts on assisting small to mid-sized companies on rebuilding their businesses. This will be done through the Louisiana Economic Development (http://www.lded.state.la.us/), which has been designated by Louisiana Governor Kathleen Babineaux Blanco as the official economic development agency to connect Louisiana businesses with the resources they need and to foster growth across all industries.

"GaeaCare Syndicate Partners will go after the cleanup-treatment projects worth millions of dollars in revenue for the company and the BDC staffers will go after rebuilding businesses with capital and possibly jobs," stated Winsted Holdings CEO Mark Ellis. "Five weeks after Hurricane Katrina emptied New Orleans of its 470,000 people, the city remains a deserted shell. Even as Governor Blanco, Mayor Nagin and the New Orleans City Council are assembling blue-ribbon commissions to devise a strategy for rebuilding the storm-ravaged city, businesses that have the resources to reopen are thinking of either downsizing or reinventing their business models in light of the changed business landscape."

"Rebuilding or reinventing a business is something we are very good at. Just look at what we have done for Nu Image MedSpa's Charlotte Laser Center and BareSkin. They both have been breaking sales records ever since we took over the stewardship. Our own wide-ranging internal expertise coupled with our ability to tap outside resources, as a BDC (Business Development Company), is exactly what some of the businesses in New Orleans need right now. We are at the right place at the right time," Ellis concluded.

About GaeaCare Syndicate Partners, Inc.

GaeaCare Syndicate Partners, Inc., 90% owned by Winsted Holdings Inc. (OTC BB: WHLI), is a proactive environmental products and services corporation that intends to become a leading environmental cleanup, emergency response, and environmental remediation company by the use of new computer systems technology, sensor technology, communications technology, systems concepts and microbial environmental cleanup treatment to serve the Homeland Security and environmental industries. Sub-Surface Waste Management, Inc. (OTC BB: SSWM), a U.S. Microbics company (OTC BB: BUGS), is a 10% equity holder. For more information on GaeaCare visit http://www.ags-gaeacare.com/.

About Winsted Holdings, Inc.

Winsted Holdings Inc. (OTC BB: WHLI) is a Business Development Company (BDC) located in Newport Beach, California. BDCs are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. The Company was founded on the premise that combining both operational talent and financial talent within a single private equity investment firm can significantly enhance the magnitude and consistency of investment returns. Winsted Holdings' team consists of accomplished financial professionals with experience at prestigious financial institutions, seasoned corporate executives from various industry enterprises and successful entrepreneurs with expertise developed in aspects from business development to capital markets and from sales and marketing to technology development. The Company currently has two wholly owned subsidiaries, Spencer Communications Inc. and MedSpa Solutions Inc. Over the coming months, the Company will outline its ever changing portfolio holdings and its plans for the long-term medspa expansion.

Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of medspa and telecommunications regulations in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.

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