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July 18, 2006 at 11:09 AM EDT
Federated Investors Insurance Company, Inc. Welcomes New PR Firm: Metropolis Public Relations
- Financial Services Savvy PR Firm to Helm Company's Latest Endeavor -

COLUMBUS, Ohio, July 18 /PRNewswire-FirstCall/ -- In preparation for the roll-out of its new insurance product, FIIC Holdings, Inc., (OTC Bulletin Board:FIIH), is pleased to announce that Metropolis Public Relations, Inc., has joined the Company's growing communications team.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060718/FLTU022LOGO )

Working from offices in Burbank, CA, New York City, NY and Jacksonville, FL, Metropolis Public Relations is considered a leading talent in the guidance of communications and public relations for up-start, newly emerging, private and public companies.

Metropolis Public Relations, Inc. provides emerging public and private companies -- as well as individuals, with access to the expertise of public relations, publicity, strategic marketing and financial market professionals, all in one agency. Since its inception, the agency has developed a reputation for superior service, professionalism and serves as a strategic resource for their clients' relationships with the media, consumers, competitors and the investment community. Metropolis Public Relations has worked with clients in the Entertainment, Technology, Healthcare, Financial Services, Building Materials, Food and Beverage, Consumer Goods, Environmental, Waste Management and Manufacturing industries.

"With all of the changes and challenges the financial markets have endured the past few years, investors have good reason to use caution," commented Angeline Cook, a founding partner of Metropolis Public Relations. "As an agency, we have experienced this first hand. That said, it's an opportune time for the arrival of FIIC's insurance product, which could effectively reduce the inherit risk in lending capital to companies that pass FIIC's risk assessment model. We are eager to lend a hand in the unveiling of FIIC's important product and in seizing key opportunities to help make it a success."

"The FIIC insurance product is highly unique, yet appropriate for a vast array of industries, so clear communication of exactly how our services assist companies and their respective investors is a necessity," stated FIIC's chief executive officer, James France. "Metropolis Public Relations has a strong history of guiding public relations and communications efforts and we are proud to have them on board."

Launch of the Company's new "Investor Protection Policy" insurance product -- tailored to the investment community at large -- is anticipated in November 2006.

For more detailed information about Federated Investors Insurance Company (FIIC) visit: http://www.FIIC.net , or contact Jim France at: 614/451-5030, or via e-mail at JimFrance@FIIC.net.

For more information about Metropolis Public Relations, visit: http://www.metropolispr.com or phone (877) 963-8767.

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. FIIC, Inc., disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise.

Source: FIIC Holdings, Inc.

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