SOURCE: 1st Global Financial Corporation

June 04, 2007 10:05 ET

1st Global Financial Reports Its Merchant Base Increased Approximately 14% in April

LAS VEGAS, NV--(Marketwire - June 4, 2007) - 1st Global Financial Corporation (PINKSHEETS: FGBF) (XETRA: ZUM) is pleased to report today that its April 2007 merchant base increased approximately 14% over the March 2007 amount.

1st Global is continually growing the company's operations. As a result, further increases in transactional activity and overall operations going forward are expected to be maintained at strong levels. In February 2007, 1st Global announced that transactions increased 26% over January transactions, while March increased another 37% over February. The financials of the company are in the process of being audited. Once completed, 1st Global will then begin to report financial activity for each subsidiary, and the entire company, on a continuing basis.

Recently, several large accounts from merchants in the San Diego area were added that will have a significant effect on the company's operations. These new accounts will be positively reflected in the transactional activity to be reported for May and beyond.

"April is tax month and traditionally one of the slowest months for merchant credit card processing and signing new merchant accounts," says T.A. "Gil" Gillis, President of 1st Global. "The fact that we were able to add many more merchants in April shows that there is a broad appeal for 1st Global's services. Because merchants welcome the service we provide, we are continuing to grow at a rapid pace, even in normally slow months."

This release includes "forward-looking statements" from the company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties.

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