SOURCE: Angel Acquisition Corp.

October 22, 2009 10:22 ET

Angel Acquisition Corp: Angels in Action Actively Serving US Based Entrepreneurs via the Following Joint Venture and Partnership Agreements

CARSON CITY, NV--(Marketwire - October 22, 2009) - Angel Acquisition Corp. (OTCBB: AGEL) through Angels In Action, the company's new microfinancing, microbanking and microlending network, via the upgraded, 3.0 version of the company's innovative microfinance web-portal, has a growing list of joint venture and marketing partnership agreements. The operating service agreements to date are:

 a. Microsoft BizSpark Official BizSpark Development Partner: each
    entrepreneur that seeks to develop and or enhance the technology of
    their web-based portals can access the resource base of The Microsoft
    BizSpark program via Angels in Action
 b. I Learning Global Provides Content for Distribution & Support of
    Micro-Lender: I Learning Global provides unique content for Angel
    Patrons and entrepreneurs. The content is available via Angels in
 c. Shaphrang LLC: the strategic development partner for the company
    web-based developed projects. Entrepreneurs seeking professional
    grade development and/or consulting services can gain access via
    Angels in Action
 d. Biz Rocket: provides quick & easy corporate registration & biz
    support services. Every entrepreneur that utilizes Angels in Action
    is required to establish a legal business entity in the state and/or
    province that they reside. Biz Rocket is the company provider of
    choice. Their services can be accessed via Angels in Action
 e. Inbound Marketing PR: provides full-spectrum, web-based marketing
    platforms for entrepreneurs large and small. Their services can be
    accessed via Angels in Action
 f. The Angel Finance Group: the company has established a corporate and
    alternative financing group for those entrepreneurs and companies
    that seek additional sources of capital beyond the range of the
    micro-lender. The Angel Finance Group can be accessed via:

US Based entrepreneurs are encouraged to sign up and register on the web-portal. Accessing and utilizing the growing service provider network requires that all entrepreneurs be active participants. Those service providers that seek access to the company's growing group of entrepreneurs should contact the company directly.

From time to time, the Company may issue news releases that contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be 'forward-looking statements.' 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

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