Rudy 45 Provides Corporate Update


SANTA MONICA, Calif., May 16, 2006 (PRIMEZONE) -- The Board of Directors and the management of Rudy 45, Inc. (Pink Sheets:RDYF) have created and implemented a revised business model. Management and Board of Directors have been reviewing all aspects of the business. The underlying objective of this evaluation was to ensure that Company pursues a business approach that has the potential of producing fundamental value for its shareholders.

The Directors and Management have determined that as a Business Development Company, future investments will be focused on companies that have entry level positive cash flow financial statements. Additionally, the investments must have the potential for growth based on existing core factors, additional capital infusion if required and, whenever necessary, the introduction of an experienced management team that has a reasonable expectation of expanding the existing foundation.

The Directors and Management will be reviewing acquisition opportunities to include all consumer products categories to provide for a diversification in an expanded portfolio, the Board and Management feel strongly that this new direction will both reduce the risk for the Company and its shareholders as well as provide the best opportunity for long-term shareholder value.

Consistent with this new strategy, the Company has identified and initiated discussions with several potential acquisition candidates. In addition, investors may have the opportunity to acquire shares in the companies that the BDC acquires. If the acquisition companies are "spun out" becoming separate public companies themselves, then the RDYF shareholders will receive those shares as well, usually in the form of distributions or dividends.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," forecasts," potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.



            

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