CDIV Cascadia Investments Inc (PK)

Cascadia Investments, Inc. (PINKSHEETS: CDIV) announced today that it has acquired a 50-percent interest in MyPersonalRingtone.com, a leading personalized ring-tone producer with close to 1,000,000 ring tones and growing. Cascadia's plans for MyPersonalRingtone.com include expanding sales into mall kiosks while creating a stronger online presence aimed at the international market. Mr. Maherali, president and CEO of Cascadia Investments, stated, "Through these efforts, we hope to capture a significant piece of the ring-tone market which Juniper Research predicts will top $14 billion worldwide by 2011."

Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, internet and real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development of undervalued real estate and cutting edge internet properties.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact: Cascadia Investments, Inc. 1-800-585-6988