ATTENTION ALL DAY TRADERS AND INVESTORS. GET ON IVHN! INVESTOR ALERT! NEWS JUST CAME OUT THIS WEDNESDAY ON IVHN! SOMEBODY KNOWS SOMETHING!!! WATCH IT EXPLODE ON FRIDAY!!! WATCH IVHN LIKE A HAWK ON FRIDAY SEPTEMBER 1, 2006 Company: INNOVATION HLDGS Ticker: IVHN Current Price: $0.04 FRIDAY's Target Price: $0.35 Recommendation: STR0NG BUY Price Increase Expec: Max WEDNESDAY'S NEWS will make it EXLODE! Get on IVHN First Thing on FRIDAY!!! BREAKING NEWS: Innovation Holding Inc.'s Target Acquisition PharmaSpritz Corporation Announces Appointment of Media Options Inc. Wednesday August 30, 4:05 pm ET TORONTO--(MARKET WIRE)--Aug 30, 2006 -- Innovation Holding Inc.'s (Other OTC:IVHN.PK - News) target acquisition, PharmaSpritz Corporation of Delaware, the manufacturer of SlimSpritz (www.slimspritz.com) weight control spray, Compozure anti-stress oral spray and Spritzzz nighttime sleep aid, is pleased to announce the appointment of Media Options Inc. of New York and its sales and syndication subsidiary Media Ops of New York, as the creative and media placement agencies for all of PharmaSpritz Corporation's consumer products. Media Options Inc. (www.mediaoptionsinc.biz) is a full-service media-centric marketing, branding and creative company which along with Media Ops, will be responsible for the development of all the creative advertising executions for the PharmaSpritz stable of products as well as the placement of those advertisements in a variety of electronic media across the United States. Steven Burke, President of PharmaSpritz Corporation, developed the concept of incorporating medicinal herbal ingredients into self-regulating aerosol spray products. Mr. Burke has over 30 years experience in the consumer product marketing business, in retail distribution and in direct marketing. In addition, Mr. Burke introduced the first powdered meal replacement for weight loss, NutriSlim, to the Canadian marketplace in 1980. The Company will rely on Mr. Burke and his management team's expertise to deliver SlimSpritz, Compozure and Spritzzz to the marketplace with the guidance of Media Options Inc. and its senior staff of professionals. The initial marketing thrust will be through direct response marketing on the web, via traditional print based Direct Response and ultimately through electronic media including television and radio. The comprehensive business plan calls for national retail (in store) roll outs by the end of each product's first year of distribution. About Innovation Holding Inc.: The Company is currently in the process of preparing fully audited financial statements in anticipation of finding a merger candidate with significant earnings. Several companies have expressed interest in reverse merger acquisitions and Innovation Holding's management is currently in the due diligence process with several of these candidates. This process should enable the Company to re-emerge as a profitable entity going forward. ADD THIS GEM TO YOUR RADAR AND WATCH IT TRADE ON FRIDAY, SEPTEMBER 1,2006!!! DON'T EVEN BLINK! IVHN DOESN'T SLEEP IT WILL EXPLODE ON FRIDAY, SEPTEMBER 1,2006!!! YOU KNOW THE WEDNESDAY'S NEWS! TRADE SMART AND WIN WITH IVHN!!!