HUNTINGTON BEACH, CA--(MARKET WIRE)--Sep 23, 2008 -- FIMA, Inc. (Other OTC:FIMA.PK - News), an emerging diversified land development company, announced today that the Company has fully funded its residential development in the prestigious Las Palmas neighborhood of Veracruz, Mexico without the issuance of any additional shares, options, warrants or any other potentially dilutive strategies. FIMA plans to continue this funding strategy through the reinvestment of income into additional projects in an effort to maintain the integrity of the Company and to protect current shareholders.

According to FIMA Chairman Roy Sahachaisere, "We are strongly committed to maintaining our current course of development and expansion through the implementation of funding strategies that do not involve the dilution of our current shareholders. We are convinced that as we continue to exercise our growth plans, we will be able to do so without having to jeopardize the position of our existing shareholder base. At the moment, we are actively exploring development opportunities in the Dominican Republic as well as other areas of Latin America, and even Europe."

About FIMA, Inc.:

FIMA is engaged in a diverse range of land development and utilization activities, such as the acquisition of raw land and the design and construction of commercial and luxury real estate in the resort regions of Mexico, resource exploration and development in Central and South America, and the acquisition and development of mining properties and mining rights in Central and South America. FIMA operates several subsidiaries, including a prestigious architectural design and construction firm based in Puebla, Mexico, as well as an integrated resource exploration and mining company with holdings in the prolific gold- and silver-producing regions of Colombia. For more information, visit the Company website at: http://www.fimadevelopmentinc.com.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend' and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

     Contact:
     FIMA, Inc.
     714-847-2460