Sloud, Inc. acquires Leone Holdings

PANAMA CITY BEACH, Fla., April 2, 2013 /PRNewswire/ -- Sloud, Inc., (Pink Sheets: SLOU) announced today that the company has acquired Leone Holdings, Inc., through a merger with an existing wholly owned subsidiary.  With offices in San Diego, California and Panama City Beach, Florida, Leone Holdings has one operating subsidiary, JP Anderson, Ltd., that provides global consulting and advisory services to an international clientele.  The company is currently operating in Norway, Sri Lanka and Sierra Leone and has plans to expand to other emerging market countries in the near future.  Sloud, will be re-locating its corporate office to Panama City Beach, Florida and will be filing for a corporate name change from Sloud, Inc., to Leone Asset Management, Inc., to better reflect its business and brand.

Headquartered in Panama City Beach, Florida, Sloud, Inc., is an international holding company with additional offices in San Diego, California and Freetown, Sierra Leone.  Sloud, Inc., seeks to build value through the development and support of its subsidiaries and license agreements with product and service providers that coincide with their overall business model. Currently, Sloud, Inc. is focusing on holdings in Mining Exploration, Gold and Diamond Export, and various Financial and Consulting Services. For additional information, please visit www.leoneasset.com

Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

SOURCE Sloud, Inc.




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