Freshstart Properties, Inc. Helps Build Communities & Receives Gold Star

TACOMA, WA -- (MARKET WIRE) -- March 07, 2007 -- Freshstart Properties, Inc. (PINKSHEETS: FSPP) is locally recognized for their achievement in acquiring real estate in the Seattle/Tacoma region. Freshstart Properties receives a gold star in excellence. The company was recently featured on a local television station (The excerpt can be viewed @ www.freshstartpropertiesinc.com). Not only is the company creating better neighborhoods, Freshstart Properties is turning significant profit since starting in the Seattle/Tacoma market only five years ago.

President and Chief Executive Officer, Mr. Nazir Maherali, states, “Our company is being rewarded for doing something good in the community. You get what you give.” The profit and asset base will continue to increase with an upcoming project in South Tacoma. This construction project is expected to start in the beginning of April.

About Freshstart Properties, Inc.

Freshstart Properties, Inc. (PINKSHEETS: FSPP) is a publicly traded, real estate development company operating in the Pacific Northwest. The company’s principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company’s actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company’s liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.