Qbe Technologies' PC Tablet To Target Medspa Industry

NEWPORT BEACH, Calif.--April 12, 2005--Winsted Holdings, Inc. (OTCBB:WNHL), a Business Development Company (BDC), is pleased to announce it is working with the management of Qbe Technologies on modifying the overall corporate strategies to include special proprietary applications and target marketing for the medspa industry. Winsted expects the speed of this modification to increase in velocity following the completion of its Definitive Agreement to buyout the assets of Qbe Technologies, Inc. (Qbe) of Irvine, California.

"There's a party going on right now in the PC Tablet sector as it crossed the 1,000,000th sold mark," stated Winsted CEO Mark Ellis. "Everyone wants in on the celebration. As of April, you can now go to Microsoft and download 'Free Experience Pack' for Windows XP Tablet PC 2005 Edition. The six utilities in the Experience Pack include: Energy Blue Theme Pack (includes a Windows Media Player skin that's customized for the Tablet PC, with knobs and buttons that are easy to control with a pen); Ink Crossword (puzzles); Ink Desktop (you can write down notes directly on your desktop for quick and easy access, like a phone number, address, or top priorities for the day); Media Transfer (queue up your favorite music, movies, and digital photo albums and copy them over a wired or wireless network); Ink Art (simulates an artist's toolset) and; Snipping Tool v2.0 (quickly snip out the sections of the desktop or web pages and email or save them)."

Ellis further stated, "Whether you call it a Tablet PC or PC Tablet, it is ideally suited for mobile users who currently use notebook PCs and who can benefit from enhanced mobility and versatility. In spite of the productivity benefits of today's notebook PCs, typical mobile workers often spend a significant amount of time gathering and distributing information on paper. Microsoft research indicates that the typical manager or information worker attends at least 40 meetings a month and jots down literally hundreds of notes on paper. Whether it's a phone number, a tentative date for the next meeting, or notes on a presentation, information workers spend many hours manually transcribing and merging handwritten information into word-processing documents, spreadsheets, e-mail messages, or other files."

"Although the medspa industry is experiencing a tremendous growth spurt at this time, it is still in its early stages and thus has not attracted the attention of the computing industry yet. The clicking of keys can be distracting and the presence of an open laptop screen often impedes communication by creating a literal and figurative barrier between the user and others in the room including potentially nervous patients. The PC Tablet with its pen stylus writing capability then becomes the natural answer. Winsted, together with Nu Image Medspa and MedSpa Solutions, will be working tirelessly with Qbe to produce applications that will fulfill the medspa professionals' needs while work seamlessly with other applications (i.e. Excel, Power Point and Word)," concluded Ellis.

About Qbe Technologies, Inc.

Based in Irvine, California, Qbe Technologies is a wireless telecomputing company that creates and integrates user-friendly devices bridging the divide between people, organizations and information. Its flagship product -- the Qbe Personal Computing Tablet -- was introduced to fulfill the ever-increasing need for convergence tools that seamlessly blend content, communication and connectivity. More than a fully functional computer, the Qbe is the ultimate creation device that is as versatile as you are. For more information, go to www.qbetech.com.

About Winsted Holdings, Inc.

Winsted Holdings Inc. (OTCBB:WNHL) is a Business Development Company (BDC) located in Newport Beach, California. BDC's are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. The Company was founded on the premise that combining both operational talent and financial talent within a single private equity investment firm can significantly enhance the magnitude and consistency of investment returns. Winsted Holdings' team consists of accomplished financial professionals with experience at prestigious financial institutions, seasoned corporate executives from various industry enterprises and successful entrepreneurs with expertise developed in aspects from business development to capital markets and from sales and marketing to technology development. The Company currently has two wholly owned subsidiaries, Spencer Communications Inc. and MedSpa Solutions Inc. Over the coming months, the Company will outline its ever changing portfolio holdings and its plans for the long-term medspa expansion.

For additional information call Investor Relations 949-476-3711 or visit company website http://www.winstedholdings.com/.

Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of medspa and telecommunications regulations in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.