Wednesday, February 25, 2009

(SGLS.pk) - Signature Leisure, Inc Retires 10 Million Shares

CASSELBERRY, Fla.--(BUSINESS WIRE)--Signature Leisure, Inc. (Pink Sheets:SGLS - News) announced today that the company is in the process of retiring 10,000,000 shares of the Company’s free trading common stock acquired and accumulated as part of the Company’s stock buy-back program.

Signature has achieved revenues that have surpassed $500,000 for the month of February.

Additionally, Signature is pleased to announce the launch of the Company’s newly launched website located at http://www.signatureleisure.com.

Stephen W. Carnes, President of Signature Leisure, Inc., stated, “The Company has surpassed $500,000 in revenues for February and I look forward to updating shareholders with final numbers after end of the month. The Company’s increases in revenues were achieved from a combination of factors including increased managerial consulting services as well as returns on various key investments.”

“I am very pleased with the Signature’s new website. I believe that the website will assist to communicate the range of services that Signature provides to clients, which should assist the Company in the marketing of services.”

“Signature is making great progress in terms of growth and expansion. We are going to keep focusing on growth and building shareholder value. We have initiated the paperwork to get the 10,000,000 shares back out of the system and retired in a timely fashion. I anticipate it will take a week or so for everything in the process to be completed. There are a number of exciting projects in the works and additional updates and announcements to be forthcoming,” Carnes stated.

About Signature Leisure, Inc. (Pink Sheets: SGLS - News) -- Signature Leisure, Inc. is a publicly traded company trading on the Pink Sheets under the symbol SGLS.

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