SOURCE: 1st Global Financial Corporation

June 06, 2007 10:05 ET

1st Global Financial's New Atlanta Office Adds 30 Accounts in First Month of Operation

Atlanta Office Cites Agent Stock Option Program as Major Factor for Joining 1st Global

LAS VEGAS, NV--(Marketwire - June 6, 2007) - 1st Global Financial Corporation (PINKSHEETS: FGBF) (XETRA: ZUM) is pleased to announce that their wholly owned subsidiary, 1st Federal Financial, Corp., has opened an independent sales office in Atlanta, Georgia. This office initially added 30 new merchants with 1st Federal Financial, surpassing projected first month sign-ups.

According to Tom Middleton, Sales Manager of the Atlanta office, he was enticed by the offer of stock options, which will be based on the office's future profitability. While there are many other credit card processors in the marketplace, none are offering all of the services that 1st Global provides, nor do they offer the opportunity to become a stakeholder in the company. The Atlanta office is also expected to potentially add over 100 merchants per month after the first 90 days of operations. The stock incentives are directly cited by the Atlanta office for the expected increase in projections.

"1st Federal Financial's program was broader than other credit card processors. Their services are very competitively priced plus they offer us an opportunity as stockholders to participate in the profits we help generate," said Mr. Middleton. "This is a great opportunity for us to provide a full array of financial services to our merchants, while at the same time giving us the ability to have a piece of the action as owners."

"We are seeing similar successes in Atlanta as we saw in May in San Diego," says T.A. "Gil" Gillis, President of 1st Global. "The 1st Global business model, with its wide array of products and services, combined with competitive pricing, appeals to merchants on many levels. Our complement of products and services, along with our marketing programs, and superior customer service, will fuel our growth for 2007 and beyond."

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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