Klegg Electronics Inc. Completes Acquisition of Pristine Preservation Group

LAS VEGAS, Dec. 2  /PRNewswire-FirstCall/ -- Klegg Electronics, Inc. (Pink Sheets: KLGG) is pleased to announce that the Company has completed the acquisition of Pristine Preservation Group. This privately owned full-service property preservation company is based in Nevada and serves the state's property management companies as well as the mortgage, banking and real estate industries. With the completion of this acquisition, Klegg Electronics will begin the process of restructuring its business model to include the restoration and preservation of foreclosed homes in Nevada, Arizona and California.

Pristine Preservation Group seeks out banking and mortgage companies, and vendor management companies that are hired by banks to maintain foreclosed properties. Pristine Preservation Group specializes in a wide range of preservation services including damage estimates, lock changes, board-ups and winterizations.  The Company also performs extensive maintenance and repairs to the interior and exterior of the homes. Those repairs include installing new drywall, floors, light fixtures, plumbing, hardware replacements, appliance installation, cabinet and vanity replacement, and upgrades, as well as new and restorative roof repairs, hazardous waste removal and yard work.

"We're thrilled that we have completed the acquisition of Pristine Preservation Group. This event marks the beginning of a new era for Klegg Electronics as we embark on this endeavor to preserve and restore foreclosed homes that have been left in disrepair. We'll be putting great effort into making them salable for our clients," stated Dennis Gentles, CEO of Klegg Electronics, Inc.

About Klegg Electronics, Inc.:

Klegg Electronics, Inc. is a manufacturer and distributor of high quality electronics products for business and consumers. The Company is in the process of expanding its business model to include the preservation of residential properties that have been acquired by mortgage lenders through foreclosure.

Safe Harbor Statement:

This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

   Contact:
   For more information:
   http://www.kleggusa.com/
   Investor Relations
   1-866-THE-APPL(E)


DATASOURCE: Klegg Electronics, Inc.



CONTACT: Investor Relations, Klegg Electronics, Inc., 1-866-THE-APPL(E) 



Web site:  http://www.kleggusa.com/ 

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