NIS Holdings Secures $3 Million Funding Facility With Global Stock Investments Ltd. of London, and Announces Intention of Amex Listing

NEW YORK, June 21, 2011 /PRNewswire/ -- The Board of NIS Holdings Corp. (OTC: NISC) is pleased to announce that it has signed an equity facility agreement with London based Global Stock Investments Ltd. to provide funding for working capital of up to $3 million. The equity facility provides a solid base of funding to NIS Holdings over the next 12 months.

The funding allows NIS Holdings to call on funds when needed, in tranches of up to $250,000 per drawdown per month (or up to $400,000 if agreed by the parties), based on previously agreed upon monthly goals. Further terms of the funding were not disclosed.

The funding agreement is designed to allow NIS Holdings a significant source of capital for its Alpha Dynamic "Earn IQ" project, as well as investment and strategic acquisitions.

Secretary of the Board and Director Vasiliki Anagnostou said, "This funding agreement with Global Stock Investments will form the cornerstone of NIS Holdings capital projects and accretive EBIDTA positive acquisitions over the next year. It enables a clear path to the realization of our Cash Back loyalty Card Project - 'Earn IQ' as well as many of our other projects that management is working on. We will also be seeking acquisitions of companies which can add value geographically and strategically."

President of NIS Holdings, Chris Kiltsikis stated, "This investment shows clearly the level of faith there is in NIS Holdings, the Board has worked tirelessly over the last 8 months, with many hurdles to overcome to create a company with a solid foundation. To develop the solutions we pride ourselves on and for the timely deliverables of these solutions, Global Stock Investments has offered us the fuel we need to get there quickly. There's nothing stopping us now. We are also pleased to announce that we fully intend of listing on the Amex stock exchange. As this high profit margin business prospers we want to maximize shareholder value by moving into a bigger exchange. We fully intend of meeting the Amex requirements within the near future. We have a lot of exciting developments in the pipeline that once are in fruition will reflect on the true value of NIS Holdings."

About NIS Holdings Corporation

NIS Holdings Corp. is registered in Reno, Nevada and headquartered in New York City.  The Company specializes in the acquisition of firms in profitable markets with high-potential and capable of achieving sustainable growth.

http://www.nisholdings.com

NIS Holdings is a public company trading on the OTC under the symbol NISC.

About Alpha Dynamic Group

Alpha Dynamic Group, a subsidiary of NIS Holdings, has conceived a unique added-value loyalty card plan that reaps exceptional benefits for every participant in the process. The Alpha Dynamic Group's Payback Cash Card program will provide the infrastructure and client services support necessary for retailers eager to retain and attract new customers.

http://www.alpha-dynamic.net

For further information in this release please contact Ms. Vasiliki Anagnostou at NIS Holdings, Corp. on tel.: 212-6881007, fax: 212-6882705, e-mail: [email protected]

This document was produced by and the opinions expressed are those of NIS Holdings Corp. as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of NIS Holdings Corp. to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but NIS Holdings Corp. does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

This release may contain forward-looking statements, including, without limitation, statements containing the words "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," "will," "could," "stands to," and "continues," as well as similar expressions. Such forward- looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of NIS Holdings Corp., or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. NIS Holdings Corp. expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.

SOURCE NIS Holdings Corp.