SOURCE: Expert Group

December 15, 2009 10:41 ET

Expert Group Enjoys Strongest Business Year Ever, Looks Ahead to 2010

MIAMI, FL--(Marketwire - December 15, 2009) - Expert Group, Inc. (PINKSHEETS: EXPU), a financial Lending Institution specializing in Home and Commercial Real Estate Loans, is pleased to update our valued shareholders regarding company progress.

Robert Rico stated: "2009 has been a year of tremendous progress and achievement for Expert Group. Our business has made significant strides but I believe that the best is yet to come. Here are a few key areas in which Expert Group has proven a commitment to excellence and ultimate success":

LOAN OFFICERS -- 80 originators (or "loan officers") are currently operating under the Expert Financing umbrella. 2009 has been a year of explosive growth for us as we have added 55 new originators this year alone. The loan officers are ultimately expected to close at least one loan per month. Expert Group is pleased to report that many of the loan officers have already surpassed this goal in the 4th Quarter of 2009.

NEW LOCATIONS -- Expert is pleased to report that our third location in Bal Harbour is already operating at 75% capacity. Expert is actively seeking to add an additional 20 new loan officers to this location. The Aventura Mall location continues to bring in a steady stream of originations and helps to further brand the "Expert Financing" name.

LOAN CLOSINGS -- Expert Group is pleased to report that our loan closing rate has been higher than average and our number of loan closings this quarter has been the strongest one thus far in 2009. Expert Group believes that the housing market is rebounding sharply and that 2010 could show a full recovery in our industry. Because of the federal tax-credit and the low-priced homes available Expert continues to realize over $10M in originations per month through the residential side of our business.

BRANDING THE EXPERT NAME -- Expert has made significant progress in branding the company's name and logo to the Florida marketplace. Through the use of television, radio, billboards, and strategic locations Expert is becoming a recognized leader in our industry.

Q4 EARNINGS PROJECTIONS -- Expert Group's total revenues were $305,502.56 for the quarter ended September 30, 2009, which compares to total revenues of $85,303.76 for the quarter ended September 30, 2008, a 258.13% increase. The Company recorded net income of approximately $187,192.17 or $.0044 earnings per share, for the quarter ended September 30, 2009. This represents a 350% increase when compared to total net income for the quarter ended September 30, 2008. Expert Group is pleased to announce that we anticipate another quarter of solid net profit.

REMAX DEAL -- Earlier this year Expert Group entered into a deal with REMAX Miami. Expert Group is pleased to report that through this deal REMAX Miami has directed several FHA home buyers to Expert Financing to receive home loans. This strategic partnership has been yet another significant milestone of 2009.

POSSIBLE ACQUISITION IN 2010 -- Expert Group is pleased to announce that it has made solid progress in the due diligence phase of considering an acquisition. Investors should be confident that Expert will not finalize the acquisition unless it adds exponential value to our company. Currently, Expert Group is confident that this potential acquisition may be secured through non-dilutive means.

SHARE STRUCTURE -- The share structure for EXPU remains unchanged since our last update at 43M outstanding shares and 22M shares in the public float. Expert Group is pleased to report it is heading into 2010 with a substantial pool of working capital. Any dilution in 2010 will be either non-existent or kept to an absolute minimum. Expert Group is committed to growing the business responsibility. At this time Expert does not anticipate the need to raise significant funds in Q1 of 2010.

Awards and Honors.

Expert Financing in 2009 Received the key to the city of North Miami Beach for outstanding work in The city the company was founded in, as well as featured on The Best of South Florida as south florida's premier lending institution.

Robert Rico concluded: "Expert Group has proven in 2009 that the company means business. I view 2009 as a year in which we put in a rock-solid foundation for our company. Now, let's look forward to 2010. With the addition of more originators, a possible acquisition, more strategic partnerships, and a rebounding home market it is time to build on the foundation we laid in 2009!"

About Expert Group, Inc.

Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments; Expert is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender.

About Expert Financing:

Expert Financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. Let Expert Find The right Loan for you.

Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

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