BIH Corporation Addresses The Securities and Exchange Commissions Lawsuit

BROOKLYN, N.Y., Sept. 21 /PRNewswire/ -- BIH Corporation (Pink Sheets: BIHC) -- The Securities and Exchange Commission has commenced a lawsuit against BIH and others claiming that it has engaged in an array of securities law violations. While a lawsuit is never a cause for celebration, we find the complaint to be premised upon erroneous contentions, many susceptible to dismissal. To be sure, our professionals have advised us of the availability of an array of good defenses to all of the claims. Be assured that BIH plans to vigorously oppose the SEC's efforts.

Edward W. Hayter Sr., President of BIH Corporation, stated, "We will have no further comment regarding this pending litigation while the Company continues to move forward with its business."

This press release does not constitute an offer of securities for sale. It contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause results to differ. Statements are based on information available as of the date hereof, and the company undertakes no obligation to update any statement to reflect occurrences after the date of this release.

http://www.bihcorporation.com

SOURCE BIH Corporation