Nexia's Redline Entertainment is Proud to Showcase Paladin: Dawn of the Dragon Slayer

Nexia's Redline Entertainment is Proud to Showcase Paladin: Dawn of the Dragon Slayer

SALT LAKE CITY, Utah, June 27, 2011 /PRNewswire/ -- Nexia Holdings, Inc.'s (PINKSHEETS: NXHD) subsidiary Redline Entertainment has signed a contract to license certain foreign distribution rights to the feature length film Paladin: Dawn of the Dragon Slayer, formerly known as Paladin. Dawn of the Dragon is the fifth film that Nexia's entertainment division has been retained to sell in foreign markets.

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The agreement with the producers of Dawn of the Dragon Slayer, Fantasy Feature Funding One LLC, includes the right to a second dragon movie The Virgin and the Warrior that was shot in conjunction with a team of Revel's film makers in April of this year. The level of interest in both of these projects by the foreign distribution markets is very high. Nexia's Redline in association with Highland Film Group have contracts signed or pending selling certain rights to the film in Spain, France, Germany, Thailand, United Kingdom, Romania and Indonesia. Redline will release further details on these contracts and other successes at the Berlin and Cannes Film Festivals.

Richard Surber, Nexia's CEO said, "I am excited about the success we are experiencing in assisting independent film makers with their efforts to sell the licensing rights in foreign markets. As Redline continues to accumulate contracts to license rights to quality projects like Dawn of the Dragon Slayer, our revenue streams will begin to ramp up. The cumulative revenues generated by Redline's efforts could be substantial over the coming months and years. Production and subsequent distribution of these projects take a lot of hard work and time."

Paladin: Dawn of the Dragon Slayer was shot on location in Ireland and is a dragon focused fantasy adventure film. The film was directed by Anne Black and stars Nicola Posener, Ian Cullen, and Philip Brodie.

Nexia's wholly owned subsidiary Redline Entertainment, Inc. is currently marketing the following films whose trailers can be viewed by clicking on the following links: The Kane Files, Paladin: Dawn of the Dragon Slayer, Love and Mary, Dr. Limptooth, andPirates of the Great Salt Lake. In partnership with Highland Film Group, Redline will continue its efforts to enter into additional distribution and licensing agreements.

About Nexia Holdings, Inc.

Nexia Holdings, Inc. (PINKSHEETS: NXHD), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in entertainment, health & beauty, and real estate. Nexia owns a majority interest in Green Endeavors, Inc. (GRNE), www.green-endeavors.comGreen Endeavors Facebook, which operates Landis Salons, Inc. and Landis Salons II, Inc., www.landissalon.comLandis Salons Facebook, hair salons built around the world-class AVEDA(TM) product line. Through its newly acquired entertainment division, Revel Entertainment, Inc., Nexia has plans to acquire the rights to several independent films. More information can be found by visiting www.nexiaholdings.com, Nexia Holdings' Facebook, Multivu Link or visit The Kane Files Facebook.

Nexia strongly encourages the public to read the above information in conjunction with its reports filed at www.pinksheets.com. Nexia will require a significant influx of capital in order to effectively execute upon its various operational plans. The actual results that Nexia may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Investors should not invest more than they can afford to lose in penny stocks.

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

SOURCE Nexia Holdings, Inc.

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Nexia Holdings, Inc.

Web Site: http://www.nexiaholdings.com

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