Thursday, December 11, 2008

Nexia Holdings, Inc. (NXHD.OB) Recognized by Utah Business Magazine as being a Top 40 Public Company

Today, Nexia Holdings announced that it has been listed as the 33rd ranked public company in all of Utah, based on 2007 revenue, by the Utah Business Book of Lists 2008. For the year of 2007, the company reported revenue of $3,232,000, reflecting the growth of its operations and the success of its projects. According to the press release, this is the first inclusion of Nexia on the list and the attention being given to Nexia’s operations and results is growing.

CEO Richard Surber commented, “Nexia will seek to build upon that strong position as reported for 2007 in the Utah real estate market, which is doing much better than several harder hit areas of the country. We are moving forward with our real estate expansion strategy and expect those efforts and the continued growth of our salon operations in the future to move Nexia’s fortunes to even better results.”

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