DROP Builds Out Management Team, Brian Tuffin Leads as CEO

AVENTURA, Fla., Nov. 28, 2011 /PRNewswire/ -- Double Eagle Holdings, Ltd. (OTCQB: DROP), the parent company of Fuse Science, Inc. (www.fusescience.com), announced today that Brian Tuffin will take on the role of CEO for the company. Tuffin had previously served as President and COO of Double Eagle Holdings since April 2011. The company also announces Rubin Hanan, currently a consultant to the company and former CEO of Champs Sports, will assume Tuffin's former position of President and Chief Operating Officer. Adam Adler, a founder and former CEO of the company remains with the company as a member of the board of Double Eagle Holdings.

"We have worked diligently to build the strongest management team and board to match the significance of this business opportunity. Without question we have made incredible strides. There is no substitute for putting the right people in the right spots to ensure the success of this business and Brian Tuffin's experience best qualifies him for this new challenge. We are pleased and excited to see he and Rubin Hanan further enhance the leadership team of the company in their new positions," said Adam Adler.

Brian Tuffin has held leadership positions in sales, brand management, new product development, acquisitions and global business development for such leading multinational companies as Procter & Gamble, PepsiCo, Kraft General Foods, and SC Johnson. Tuffin served as president of SC Johnson's largest business unit outside the United States, leading the Canadian company to year-over-year financial results that outperformed all 72 SC Johnson subsidiaries in three of the five years he was at the helm. 

"The business opportunity ahead of us is one of tremendous significance, and I applaud our founder for bringing together a team that will in every regard, drive value in the best interest of shareholders to match the opportunity in front of us," said Brian Tuffin in his new post. "We have advanced our technology platform in a way that we expect will change the rules of the game in several major pharmaceutical and OTC categories and the recent announcements of our partnerships with Tiger Woods, David Ortiz, and Arian Foster, are indications that we are in this for the long haul, and focused on delivering long term shareholder value. Without exception we are taking deliberate daily actions to cross every t and dot every i to ensure the highest realization of value for shareholders. I welcome Rubin Hanan to the management team of the company as COO which adds additional senior expertise to day to day operations and strength of management."

About Double Eagle Holdings
Double Eagle Holdings (OTCQB: DROP) is the parent company of Fuse Science, Inc., an innovative consumer products holding company based in Aventura, Florida.  The corporate name, Double Eagle Holdings is in the process of being changed to Fuse Science Inc.  Fuse Science is the developer of new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals.  The company has successfully developed and maintains the rights to sublingual and transdermal delivery systems for bioactive agents that can now, for the first time, effectively encapsulate and charge many varying molecules in order to produce complete product formulations which can bypass the gastrointestinal tract and enter the blood stream directly – all in a concentrated "DROP" form that is simply applied under the tongue. Fuse Science technology is designed to accelerate conveyance of medicines or nutrients relative to traditional pills and liquids and can enhance how consumers receive these products.  Information about Fuse Science is available online at www.fusescience.com or by calling 305-503-FUSE (3873).

Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

SOURCE Double Eagle Holdings, Ltd.