SOURCE: 1st Global Financial Corporation

July 16, 2007 19:24 ET

1st Global Financial June 2007 Transactions Increase Over 27% From May 2007

LAS VEGAS, NV--(Marketwire - July 16, 2007) - 1st Global Financial Corporation (PINKSHEETS: FGBF) (GERMAN WKN#A0LGTL) (XETRA: ZUM) reported that its monthly credit card transactional activity increased from May 2007's approximately $5,066,596 to approximately $6,459,958 in June 2007, a more than 27% increase. Since the beginning of January 2007, the company has increased its credit card processing by over 540%.

1st Global continues to be successful through its marketing program that provides its independent sales offices (ISOs) and merchants a unique array of benefits and opportunities. The 1st Global three pronged approach to marketing starts with providing financial services to a growing community that is often ignored by banks and other traditional financial institutions, the underserved minority owned business community. The second part of the marketing program provides the customers an opportunity to give back to their local communities and support the charitable organizations of their choosing. The third prong of the marketing program provides its ISOs the opportunity to be granted stock options, based on the ISO's profitability.

"As we move into the second half of 2007, we are in a better position than we had initially anticipated," says T.A. "Gil" Gillis, President of 1st Global. "With the credit card processing growing as quickly as it is, we are expecting a very strong 2007 year end for 1st Global."

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.

Contact Information