Acacia Automotive Announces Successful Completion of Initial Private Placement Stock Offering

NASHVILLE, Tenn. and OCALA, Fla., June 25  /PRNewswire-FirstCall/ -- Acacia Automotive, Inc. (OTC:ACCA) announced that it has recently completed its first offering of Common shares. The company completed a capital raise of $1,025,000 in line with its goals.

"We are very pleased to have achieved success in consummating that first offering as planned," said Tony Moorby, the company's President and COO. "This gives us the substance to complete our first auction acquisition, which is expected to close approximately July 1st. We can now prepare for other acquisition opportunities that lie before us."

The company will need to raise capital to fund its future acquisition opportunities, probably through the sale of stock.

Moving its headquarters to Nashville, Tennessee, in the summer of 2007, Acacia Automotive will be more centrally located to better accommodate commerce throughout the United States.

About Acacia Automotive, Inc.

Acacia Automotive (http://www.acacia.bz/) is the newest member of the auto auction industry, but comes with seasoned veterans in management. Acacia's management believes there were once three companies in balance that provided the industry's clients with a solid stance and fair choice. That balance was destroyed when one leg was eliminated with the sale and subsequent absorption of ADT Automotive in 2000. Acacia intends to bring back that balance and return a much-needed stabilization to the industry because it believes "competition is a good thing".

This release includes forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Such statements, including information and statements regarding anticipated financial results, potential success of anticipated acquisitions, business operations, product marketing and potential market opportunities are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected, expressed, or implied by such forward-looking statements. The forward-looking statements in this document are made as of the date of publication hereof and the Company does not undertake to update its forward-looking statements.

  Acacia Automotive, Inc.
  3512 East Silver Springs Boulevard - #243
  Ocala, FL  34470
  For information please contact Investor Relations at:
  Com:  [phone]            Fax:  [phone]
  Email:        Internet:  http://www.acacia.bz/

DATASOURCE: Acacia Automotive



CONTACT:  Investor Relations of Acacia Automotive, Inc., [phone],

fax: [phone],  



Web site:  http://www.acacia.bz/

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