HUNTINGTON BEACH, CA--(MARKET WIRE)--Jan 8, 2009 -- FIMA, Inc. (Other OTC:FIMA.PK - News), an emerging diversified land development company, announced today that its construction and design subsidiary Garcia y Garcia Concreto y Diseño Arquitectónico has completed the final phases of construction at its residential development in the prestigious Las Palmas neighborhood of Veracruz, Mexico. The finishes have all been completely installed, and final walkthrough took place earlier this week. The initial stages of marketing the properties for sale have already begun, and the Company will expand those efforts now that the properties are completely move-in ready.

According to Roy Sahachaisere, Chairman and CEO of FIMA, "We are understandably very pleased to have completed this recent project in the important market of Veracruz. We are proud of the quality of the construction and attention to detail that we have devoted to the project, and we are confident that this is readily apparent in the buildings themselves. We are also actively engaged in negotiations for several other projects, and expect to be able to release details on these as soon as early next week."

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.

     FIMA, Inc.
     714-847-2460