SOURCE: Expert Group, Inc.

February 17, 2010 08:30 ET

Expert Group, Inc. Releases Shareholder Letter Detailing Corporate Advances and Acquisition Updates

MIAMI, FL--(Marketwire - February 17, 2010) - Expert Group, Inc. (PINKSHEETS: EXPU), an FHA certified financial lending institution specializing in home and commercial real estate loans released a letter to shareholders from Expert Group CEO and founder Robert Rico.

Dear Shareholders,

Expert Group is a diversified real estate company specializing in mortgage lending and title closing that attained fully profitable status in 2009. Our company came into 2010 with high goals and with a vision to add at least two new revenue streams through the addition of an Expert realty arm and an Expert (homeowners) insurance arm. I am pleased to say that our goals remain solidly in sight and we are moving rapidly to achieve them.

I have recently received questions about how Expert Group plans to fund the acquisition of the Expert realty arm. Because of the established revenues of the target company and because of the performance of Expert Group in 2009 we have been able to structure a financing deal that is based on the revenues of the two companies. The target company has been in business for over 30 years and has a proven track record of producing solid revenues, achieving well over $2B in sales since its inception. There is no question that the target company's historical and well-established revenue performance has been a significant factor in helping us to secure friendly financing. We have been working for several months to ensure that this transaction brings value to Expert Group in a way that is immediately beneficial to our shareholders.

Business in 2010 for Expert Financing has been excellent. With three locations up and running and many new loan officers securing business we have experienced a fantastic start. So far this month we have achieved over $4.3 million in originations. We have also added a new member to our senior management staff, Mr. Milton Knight. With over 17 years of experience in the real-estate industry Mr. Knight brings much to the table and is a valuable asset to the Expert team. Mr. Knight's duties are to streamline and expedite the process of every loan from origination to processing while maintaining high quality control. The addition of Mr. Knight will further help us to take advantage of the business synergies that come through the addition of the Expert realty arm. We expect that 100 realtors operating under the Expert realty arm directing all new business to the Expert Financing arm that our origination numbers will explode higher. Last year alone the target realty company sold over 330 homes.

Uplisting Expert Group to the OTCBB is still very much in the works. I will be updating investors as to the progress that has been made thus far in a separate PR soon to be released.

Finally I would like to announce our first official "Expert Investor's Day" at our Bal Harbor offices. On March 5, 2010 investors are invited to stop by at anytime between 10AM-5PM. I will be there all day personally meeting and greeting any and all interested investors. Further details and reminders about this event will be posted at our blog:

These are exciting times for Expert Group. Investors can expect updates from the Company every week on our progress regarding business goals and achievements, but in particular the acquisition. Until the next release, I invite investors to visit, our brand new corporate website.


Robert Rico

About Expert Group, Inc.

Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments; with multiple offices throughout South Florida, Expert is rapidly becoming a market leader in the multi billion dollar Florida market. 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.

Expert Financing Locations:

17501 Biscayne Blvd #540
North Miami Beach, Fl 33160

1065 Kane Concourse
Bal Harbor, FL 33180

19501 Biscayne Blvd
Miami, FL 33180-2377

Contact Information