Global Vision Holdings Inc. Sees an Increase in Acquiring Profitable and Environmentally Responsible Companies, for the Years to Come, with Prasangi Munindradasa as the Company’s New Vice President of Mergers and Acquisitions

IRVINE, CA / ACCESSWIRE / August 8, 2016 / Global Vision Holdings Inc. (OTCQB: GVHIB) announced today that Prasangi Munindradasa, former Consultant of IT Consulting Division at Apple Inc., joined the company as its new Vice President of Mergers and Acquisitions.

Munindradasa holds a degree from California State Polytechnic University, Pomona in International Business, Marketing Management, and Technology Operations Management where she focused largely on financial analysis, market research, and operational development. Furthermore, she completed her Six Sigma Green Belt and Lean Six Sigma Certificate at Villanova University. Munindradasa worked extensively at Gexpro, part of Rexel –a leading electrical distributor. During her time with Gexpro, Munindradasa was instrumental in securing contractual bids such as the $238 million LAX Terminal 6 renovation/modernization project and $560 million Children's Hospital of Orange County Tower construction. In addition, she identified and implemented opportunities to improve logistical processes for the company. Moreover, Munindradasa's involvement at Apple Inc. as an IT Consultant supported the corporation's research and development for technological advancement. In addition, she aided in the training and growth of the IT Consulting Division's support team for businesses that utilize Apple products.

As the Vice President of Mergers and Acquisitions of the parent company, Munindradasa looks forward to assess lucrative companies for strategic acquisitions and manage each business venture. In addition, Munindradasa will oversee Global Vision Holdings Inc.'s subsidiary companies Mamma's Best, Grocers Direct, and The Place Media. Global Vision Holdings Inc. is confident that Munindradasa's experience will yield more profitable acquisitions and investments for the foreseeable future.

Places Magazine has reached new heights by focusing heavily on mobile and media aspects of the industry—the only travel magazine to have released a smartphone app for the Apple Store that correlates with our print publication. Places Magazine continues to be the largest travel magazine being distributed in-room hotels within Southern California; on a monthly basis, it reaches roughly 1.5 million readers. Munindradasa's experience in IT consulting will keep the magazine at the forefront of the industries technological advancements.

Mamma's Best is recognized nationwide for producing high quality organic sauces, marinades, soups, and spreads for industry's leading health stores -- such as Sprouts, Whole Foods, and Mother's markets. Chief Executive Officer Glen Carnes states, "her background in marketing and operations will further the success of Mama's Best in the industry."

Global Vision Holdings Inc. trusts that Munindradasa's extensive professional and academic background will increase the company's competitive edge. Her vision is aligned with Global Vision Holdings Inc.'s central goals of expanding and diversifying profits. Chairman and CEO Carnes states, "Coupled with her experience and knowledge in Six Sigma, I am confident that she will assist in increasing shareholder value by identifying profitable companies to partner with or acquire." Continue to look forward to upcoming announcements of business ventures that are underway.

About Global Vision Holdings Inc.

Headquartered in Irvine, California, Global Vision Holdings Inc. is a diversified financial investment company that evaluates acquisition and investment opportunities. The company has a focus on businesses that are profitable, growing, and environmentally responsible. Global Vision Holdings Inc. uses a superior team of financial research experts and in-house environmentally responsible analysis to make recommendations for strategic acquisitions. For more information, please visit our website at www.globalvisionholdings.net.

Cautionary Statement Regarding Forward-Looking Statements

This release may include forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may differ materially. These risks include: changes in business or other market conditions; the challenge of managing asset/liability levels; the difficulty of keeping expense growth at modest levels while increasing revenues; unforeseen challenges with respect to product development and the timing thereof; integration efforts relating to our acquisition activities; uncertainties regarding financing efforts which may be undertaken by the Company; and other risks detailed from time to time in the Company's Securities and Exchange Commission reports, including but not limited to the Annual Report on Form 10-K for the most recent year ended. Pursuant to the Private Securities Litigation Reform Act of 1995, the Company does not undertake to update forward-looking statements contained within this news release.

Contact Information:

Glen Carnes
Chairman and CEO
Global Vision Holdings, Inc.
714-348-0605
glen.carnes@globalvisionholdings.net

SOURCE: Global Vision Holdings Inc.

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