NEWS

WIRES

OTHER

MedSpa Solutions' Omaha, Nebraska Client Signs Lease at Village Pointe

MedSpa Solutions Inc., a wholly owned subsidiary of Winsted Holdings Inc. (OTC BB: WHLI), today announced that an optimal site was located and lease negotiations have successfully concluded for a new medspa in Omaha, Nebraska. As previously announced on July 18, 2005, it was awarded a comprehensive consultancy contract by an entrepreneurial licensed Physician Assistant (PA). This Contract covered Business Development, Site Design & Build out, Staffing & Training, Vendor Relationships, Licensing & Compliance Assistance and Custom Marketing Development. With the lease signed, Phase II will now begin. MedSpa Solutions has 13 potential new MedSpa locations under negotiations as of this date with potential revenues over 1 million dollars.

Celebrating its 151st birthday, the territory that would eventually become the city of Omaha, Nebraska, was acquired as part of the Louisiana Purchase that was completed by Thomas Jefferson in 1803. Its location in the "heartland" of America has been an important factor in the building of its economic strengths. Situated on the western banks of the Missouri River, the city has been an important agricultural and transportation center since its establishment in the late 1850s. From these roots, Omaha has steadily grown and is now the 42nd largest city and the 60th largest metro area in the nation. Most recently, Expansion Management Magazine listed Omaha among America's 50 hottest cities for business expansion and Forbes ranked it as the 11th best city for business and careers based on economic and quality of life factors. Our own demographic research couldn't have agreed more with those esteemed publications, and that is why we believe a new effective and efficient medspa will do very well in Omaha.

The new medspa will be located in the Village Pointe Shopping Center (www.villagepointeshopping.com). It is Nebraska's largest lifestyle shopping center, opened in May 2004, and features extensive retail, dining and entertainment options. The Center is a fresh new place for shopping, dining, entertainment and family fun. Discover their eclectic mix of restaurants, unique clothing and specialty stores and a 16-screen stadium-seating theatre. Located at 168th & West Dodge Road in Omaha, Nebraska. The Center's major tenants include Scheels All Sports, Best Buy, Bed Bath & Beyond, Wild Oats Natural Marketplace and Village Pointe Cinema. Sit-down & fast casual dining and entertainment venues round out their leasable area of 600,000 square feet.

"The Village Pointe location was selected for its upscale lifestyle development designed in a 'prairie style' concept distinctive to the Midwest," stated Winsted CEO Mark Ellis. "With an open-air lifestyle design that replicates a nostalgic Main Street shopping district, this shopping center allows vehicular access but creates a pedestrian environment. In creating a new 'old downtown' feeling, the shopping experience allows consumers the opportunity to seek a simpler lifestyle, one that emphasizes family, friends, values and experiences. This is an ideal setting for a new medspa."

"The new medspa will become an integral part of the Village Pointe experience. The location will provide instant access to the Center's rapidly growing customer base and in return, it will help broaden the Center's marketplace. The new medspa can accelerate the velocity of foot traffic for the Center. In a way, by expanding the community of goods and services offered, more riches flow back to the originators. We are glad to be part of this unparalleled combination of offerings in Nebraska," concluded Ellis.

About MedSpa Solutions Inc.

MedSpa Solutions Inc. of Irvine, California, is a wholly owned subsidiary of Winsted Holdings Inc. (OTC BB: WHLI). Medical Spas are fast becoming the facility of choice among women and men seeking rejuvenating skin care procedures. At MedSpa Solutions Inc., not only are our customers treated with the best that technology has to offer, they also get expert consultations from our skilled medical staff. Our trend-setting spa-like facilities, combined with our friendly staff, are all you need for the best skin care experience ever. Our facilities offer FDA-approved procedures like Botox, Laser Hair Removal, IPL-Skin Rejuvenation, Microdermabrasion, Chemical Peels, Collagen, and Leg Vein Treatment. We work only with the most advanced laser equipment to achieve your desired results. Our medical staff is one of our most valued assets, and they are trained in a culture of warmth, friendliness, and customer service. Everything at the spa is designed with your comfort and convenience in mind, even our business hours which are flexible to adjust to your needs. Making you look good and feel good is what we are here for!

MedSpa Solutions is committed to continually setting the highest levels of excellence and innovation for our clients. We are pioneers in the MedSpa industry and strive to bring the most advanced treatments and standards to each one of our spas and clients. For more information on the Consulting Services from MedSpa Solutions, please contact us at 1-888-968-4624 or email at info@medspasolutions.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.

Distributed by Market Wire