SOURCE: KCM HOLDINGS CORP

April 01, 2010 06:00 ET

KCM HOLDINGS on Pace to Break $5M 2010 Insurance Revenue Target With Addition of Bob Thompson & Family Benefits Group

FRISCO, TX--(Marketwire - April 1, 2010) -  KCM HOLDINGS CORP. (PINKSHEETS: KCMH) announced today that subsidiary KCM Insurance Services (KCMIS) welcomes Texas insurance agency, Family Benefits Group, and president Bob Thompson, as a strategic step in expanding national market equity, eventually becoming a publicly traded company. This represents an immediate boost in revenue for KCMH while solidifying key strategic personnel boasting track records of success. Collectively, KCMH is on pace to break its $5 million 2010 revenue target.

Bob Thompson brings 10 years of industry experience, including being a former regional Vice President for a recognized major insurance company. He has pooled this acumen to foster Family Benefits Group as an independent insurance agency to offer health, life and supplemental products designed specifically for individuals, families, contractors, self employed and small business owners.

"We are extremely excited to welcome Bob and his team," says Donald Klein, CEO of KCMH, "Collectively, we are confident that all will reap the financial rewards and excellent quality of life KCM stands for."

Family Benefits Group and KCMIS will combine resources to open more offices in Texas, expand nationally and file to become a publicly traded company. KCMIS already experienced a boost in the first quarter of 2010, growing from 10 agents to over 40. The addition of Bob Thompson and Family Benefits Group will see this number boost significantly again in the upcoming weeks.

KCMH on Twitter: Twitter.com/KCMHoldings.

About KCMH:
KCMH is a strategic business development holdings company. www.thekcmgroup.com.

Forward-Looking Statements

The contents of this Press Release may include forward-looking statements within the meaning of United States securities laws and Private Securities Litigation Reform Act of 1995. Forward-looking statements are only predictions and should not be relied upon for investing decisions. Actual results might differ materially from projected in the forward-looking statements for variety of reasons, including market conditions, competition and new regulatory requirements. Forward looking statements involve known and unknown risks, uncertainties and factors that may cause the Company's actual results, activity levels, performance or achievements to be materially different from future results, activity levels, performance or achievements expressed or implied by the forward-looking statements. We cannot guarantee future results, levels of activity, performance or achievements.

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