"I am very excited to be part of Vector Holdings, Inc. in their pursuit as a leader in the boutique hotel industry.  I feel South Beach has excellent potential for growth due to a high year-round occupancy rate as well as the company's proposed acquisitions of the premier boutique hotels in South Beach will be a tremendous opportunity for myself, Vector Holdings, and its shareholders." said Richard Wilhelm.

Richard Wilhelm is a hotel management professional, with over thirty years of experience in management of a number of premier hotel and resort properties in the United States.  These properties include such landmark hotels as the Plaza Hotel, the Saint Regis and the Waldorf-Astoria in New York City; Trump Castle in Atlantic City; and recently, the Island Outpost group of hotels in Miami Beach's popular South Beach area.

Vector Holdings, Inc. through its subsidiary Bestfoodonline.com, distributes specialty food products to the hospitality industry.  The Company also distributes its products on a wholesale basis to such name clients as Walt Disney, United Airlines, Ocean Reef Club, and Turnberry Isle Resort and Country Club.  Vector Holdings' present strategy to maximize shareholder value is to acquire "boutique" hotels located in South Beach, Florida.  Vector Holdings has one hotel under contract and is participating in management and marketing to effectuate an efficient transition of ownership.
      
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934.