Zen Holding Corp. Reports Consecutive Annual Profit

SYOSSET, N.Y., Feb. 15, 2011 /PRNewswire/ -- Zen Holding Corp. (Pink Sheets: ZNHL) today reported unaudited consolidated financial results for the years ended December 31, 2010 & 2009.

The Company reported on OTC Disclosure & News Service (www.otcmarkets.com) today that for the year ended December 31, 2010, the Company reported net income of $56,868 or $.007 per share, versus net income of $89,781 or $.056 per share for the year ended December 31, 2009 on an unaudited basis.

John P. Milcetich, recently appointed CEO & President stated, "Although we are pleased to be modestly profitable, the company must still attain greater resources both intellectual and financial in order to expand.  It is the Company's goal to recruit additional qualified Board of Director members and managers to reposition this company towards exploring growth thru acquisition and/or joint venture possibilities.  One step towards that goal was completing the recent reverse stock split and getting our current financial information into the marketplace."

Zen Holding Corp currently has 7,846,463 shares issued and outstanding.

About Zen Holding Corp.

Zen Holding Corp. is a holding company that operates thru Greenleaf Management Corp., a wholly-owned subsidiary.  Greenleaf Management Corp has been providing corporate strategy, operational analysis and advisory services to both public and private entities since 1999.

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

Certain written and oral statements made by us may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Forward-looking statements are identified by such words and phrases as "we expect," "expected to," "estimates," "estimated," "current outlook," "we look forward to," "would equate to," "projects," "projections," "projected to be," "anticipates," "anticipated," "we believe," "could be," and other similar phrases. All statements addressing operating performance, events, or developments that we expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. Because they are forward-looking, they should be evaluated in light of important risk factors that could cause our actual results to differ materially from our anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. We undertake no obligation to update these forward-looking statements after the date of this release.

Website:  www.zenholdingcorp.com

SOURCE Zen Holding Corp.