Baltic International USA, Inc.
           6002 Rogerdale Road, Suite 500, Houston, Texas  77072


                               NEWS RELEASE

Contact:
     Baltic International USA, Inc.
     David A. Grossman, Chief Executive Officer
       and Chief Financial Officer
     Telephone:  (713) 961-9299
     Facsimile:  (713) 482-0099
     Email:  dgrossman@baltic-intl.com


FOR IMMEDIATE RELEASE

                     Baltic Announces Letter of Intent to
                              Form Joint Venture


HOUSTON, Texas, August 9, 2010 -- Baltic International USA, Inc.
(Pink Sheets: BISA) announced today that the Company has signed a letter of
intent with Rhodes Holdings LLC to implement a business plan providing bridge
capital and consulting to small-cap publicly traded companies.

The new joint venture will be managed by Rhodes Holdings LLC's managing member,
Robert C. Rhodes, whose experience working with publicly-traded companies as
CEO, board member, investor and consultant provides the basis for the joint
venture's business plan.  The business plan focuses on the following bridge
events: Pink Sheet, non-reporting public companies transitioning to financial
audits and disclosure; OTC:BB public companies, with no burn rate and
profitable operations, that have specific projects with a high operational
return; and private companies filing SEC registration statements to become
reporting public companies.

David Grossman, Baltic's Chief Executive Officer, said, "Although Baltic has
just recently negotiated with Mr. Rhodes, I have personally worked in
conjunction with Mr. Rhodes in various capacities since 2005.  Mr. Rhodes'
attention to detail, ability to raise funds, and implement a bridge transaction
is very important to the future success of our joint venture."


About Baltic International USA, Inc.

Baltic International USA, Inc. (www.baltic-intl.com) is a Texas corporation
that has provided capital, management, and technical services to start-up and
established private companies.  In most instances, we are directly involved in
management and in all instances assist in allocation of capital either directly
from us or through the investment of third parties.

About Rhodes Holdings LLC

Rhodes Holdings LLC (www.rhodes-holdings.com, "RHL") provides management
consulting services that allow its clients to seek financing through the public
markets, either through mezzanine debt, equity, or bank debt.  RHL management
consulting is provided within the framework of its copyrighted and RHL
Methodology documented.


This document may contain forward-looking information.  Although the Company
believes that the assumptions underlying the forward-looking statements are
reasonable, any of the assumptions could be inaccurate, and therefore, there
can be no assurance that the forward-looking statements included herein will
prove to be accurate.