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Thursday, April 26, 2007

Nexia's Black Chandelier Outfits the Divas of the WWE(R) for Exclusive Timbaland & The Hives Video

Nexia's Black Chandelier Outfits the Divas of the WWE(R) for Exclusive Timbaland & The Hives Video

SALT LAKE CITY, April 26 /PRNewswire-FirstCall/ -- Nexia Holdings, Inc. (BULLETIN BOARD: NEXA) , a diversified holding company with operations in real estate, health & beauty and the fashion retail industry, announced today that Jared Gold, founder of Nexia's retail division Black Chandelier, was selected by the World Wrestling Entertainment, Inc. (WWE(R)), a NYSE traded company, to custom design outfits for six female WWE celebrities known as the Divas. Jared Gold custom designed outfits for the WWE Divas, who will be featured throughout the music video "Throw it on Me" by Timbaland and The Hives. The WWE.com site discussed the video shoot in the article "Diva's Shine in Jared Gold's designs," available at http://www.wwe.com/inside/news/jaredgold.

The exclusive world premiere of the video for "Throw it on Me" is scheduled to debut on WWE Monday Night Raw(R) ("WWE Raw") telecast on the USA Network on May 21, 2007. For the first quarter of 2007, WWE Raw dominated cable telecasts; among adults 18-49 years, individual episodes of WWE Raw accounted for eight of the top ten highest rated cable programs, according to Nielsen Media Research.

Nexia Holdings, Inc. CEO Richard Surber said, "The WWE is one of the world's most popular global entertainment companies, and a true innovator in launching superstars. When the WWE executives attended Jared Gold's runway show during Los Angeles' Fashion Week in March, they contacted Jared to design the Divas' clothes for the Timbaland and The Hives video."

Surber added, "This branding genius has evolved over 25 years into a multi-billion dollar company, and we hope to create a mutually beneficial relationship with the WWE that can lead to other merchandising and licensing opportunities."

Jared Gold, head designer of Black Chandelier said, "I was thrilled to be called upon by the WWE to create original costume designs that reflect the exuberant personalities, individual artistry, and smoldering appeal of the Divas, and I'm most happy to report the Divas were very pleased with the results."

About Nexia Holdings Inc.

Nexia Holdings Inc. (BULLETIN BOARD: NEXA) , headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, http://www.landissalon.com/, a hair salon built around the world-class AVEDATM product line. Through its Gold Fusion Laboratories subsidiary, Nexia owns the innovative retail and design firm Black Chandelier and its related brands. Black Chandelier is expanding nationwide, and currently operates four retail locations and online operations at http://www.blackchandelier.com/ . For more information, visit http://www.nexiaholdings.com/ .

Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for December 31, 2006. Nexia's Disclosures can be viewed at either http://www.nexiaholdings.com/ or http://www.sec.gov/ .

This press release reports information reported in our Form 10-KSB reported filed for the period ended December 31, 2007. This press release also contains forward-looking statements that are based on a number of assumptions, including the successful completion of the marketing plans and expansion of Gold Fusion Laboratories, Inc. operations in a short period of time. The above statements further assume that Nexia can obtain sufficient capital to execute expansion plans through outside investments including but not limited to obtaining significant leasehold improvements and sufficient lines of credit to fund the opening of additional Gold Fusion Laboratories, Inc. locations. There are no assurances that such assumptions will prove correct. These forward-looking statements involve a number of risks and uncertainties, including an expectation of substantial increase in sales. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

FOR MORE INFORMATION, CONTACT:
Richard Surber, President
Nexia Holdings, Inc.
801-575-8073 x 106
RichardSurber@nexiaholdings.com

or

For Investor Relations:
OTC Financial Network
Rick McCaffrey
781-444-6100x625
rick@otcfn.comhttp://www.otcfn.com/nexa

First Call Analyst:
FCMN Contact:


Source: Nexia Holdings Inc.

CONTACT: Richard Surber, President of Nexia Holdings, Inc.,
+1-801-575-8073, ext. 106, RichardSurber@nexiaholdings.com; or Investor
Relations: Rick McCaffrey of OTC Financial Network, +1-781-444-6100, ext. 625,
rick@otcfn.com

Web site:

http://www.nexiaholdings.com/
http://www.otcfn.com/nexa
http://www.blackchandelier.com/
http://www.wwe.com/inside/news/jaredgold


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