PIHN Polaris International Holdings Inc (CE)

Polaris International Holdings, Inc. (PINKSHEETS: PIHN) is pleased to announce that Polaris Technology, Inc. begins its operations as a subsidiary of Polaris International Holdings, Inc. on October 1, 2008.

Kuni Misawa, Polaris International Holdings CEO, commented, "We are quite pleased with Polaris Technology's acquisition. The anticipated acquisition of Staff IS Cabling Division and Polaris Technology's recent acquisition will enable us to provide all aspects of IT services."

Polaris Technology is a Tokyo-based IT Outsourcing Services and Technology Company whose customer list is diverse and international in its composition. The revenues for the 2007 fiscal year of Polaris Technology exceeded management's internal projections. Polaris Technology spent $94,591 on Research and Development in this fiscal year.

Polaris Technology, Inc. 2007 Profit & Loss ($1.00 = JP Yen 107)

                             Fiscal year: 6/30
Revenues                        $1,793,863
Direct Operation Costs           1,619,677
Gross Profit Margin                174,006
G & A                              191,503
Extraordinary Gain                   6,607
Extraordinary Loss                  40,169
EBITDA                             -50,879

*Research & Development: $94,591
*Prepared by: a certified tax accountant.

About Polaris International Holdings, Inc.

Polaris International Holdings, Inc., a Delaware corporation with offices in Huntington Beach and Los Angeles, California and Tokyo, Japan, is a holding company of IT services and technology companies located in Japan. The Company plans to expand from its current territory of Japan to include the other rapidly growing Asian markets as well as the North, Central and South American markets.

Polaris International Holdings has entered into a definitive agreement for the acquisition of Staff IS CO., Ltd's cabling division http://www.staffis.co.jp.

Forward-Looking Statements and Risk Factors

Certain statements in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of Polaris International Holdings, Inc. to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. There can be no assurance that we will satisfactorily reach our objectives or projections. Other factors, which could materially affect such forward-looking statements including risk factors relating to lack of sufficient capital, competition, lack of expertise in some or all of the areas we are currently attempting to do business in and lack of market support for our stock. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Contact: Polaris International Holdings, Inc. Kuni Misawa Ph. (310)849-1094 Email Contact