Sunset Brands, Inc.(Sunset Capital Assets), Announces Completed Acquisition of Walter Williams Inc.,

Sunset Brands, Inc.(Sunset Capital Assets), Announces Completed Acquisition of Walter Williams Inc., and Vineyard Investment Properties, Inc.

Jacksonville, FL, US, June 19, 2012 /FSC/ - Sunset Brands, Inc. (SSBN - OTC Pink),  a Nevada corporation, trading on the Over the Counter (OTC) markets "pink sheets" as SSBN, announced today that it has completed the acquisition of Walter Williams, Inc. a Florida corporation.

Walter Williams, Inc., a real estate company founded in 1967, currently employs 70 licensed realtors. Walter Williams, Jr., founder and CEO, will continue to lead the firm. This acquisition's primary focus will be managing the distressed assets portfolio while identifying and capitalizing on acquisition opportunities for residential and commercial property management.  In addition, the firm will continue to grow its traditional real estate sales activities.

Sunset CEO Alan L. Speck stated, "We are excited to have Walter Williams, Inc. as part of our organization.  This relationship will help us to create a new synergy with our other newly acquired enterprise--commercial finance company, Vineyard Investment Properties, Inc.  This fulfills another of our strategic initiatives and another milestone on our path to profitability and enhanced shareholder value.

Sunset also announced that it has begun operations of a commercial finance company through Vineyard Investment Properties, Inc. (VIP). Sunset Capital Assets President Jeff Betros stated, "VIP will house the expansion of our commercial lending activities.  We are pleased to have Jim Morgan, a 15 year veteran in lending, lead our origination growth."

Vineyard Investment Properties continues to expand rapidly with over $140M in brokered loan commitments, ranging in size from $2.4M to $57M, located in Florida, Georgia, Texas and Puerto Rico. Originations continue to grow and VIP is expected to fund the majority of these transactions by the fourth quarter of this year. Based on these commitments alone, we expect VIP to surpass previous revenue forecasts in 2012."

CEO Speck also stated "We believe these are prudent, if aggressive, moves toward diversity for our financial services operations. We are excited about the revenue opportunities that these two firms bring to our holding company and additional announcements will be forthcoming, as our company's business plans are executed.  As previously stated, Sunset will continue to add profitable business through strategic acquisitions and joint ventures to expand our diverse and profitable business units as we strive to build and increase profitability and enhance shareholder value.

Sunset Brands, Inc. dba Sunset Capital Assets is a diversified financial services firm focusing on acquisition and investment in federally insured banks, mortgage companies, real estate, title insurance, insurance, and management and consulting service primarily in the Southeast United States.

Sunset Brands, Inc. is headquartered in Jacksonville, Florida.
    
This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Our forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of future performance, statements of management's plans and objectives, future contracts, and forecasts of trends and other matters.

Forward-looking statements speak only as of the date of this filing, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate", "estimate", "expect", "believe," "will likely result," "outlook," "project" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act.

SSBN CONTACT:
Jeffrey S. Betros
Investor Relations
Sunset Brands, Inc
904-436-6217
jbetros@sunsetcap.net

To view this press release as a webpage, please click on the following link: http://www.usetdas.com/pr/sunsetbrands06192012.htm



Source: Sunset Brands, Inc. (SSBN - OTC Pink) http://www.usfinancialassets.com
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