SOURCE: Angel Acquisition Corp.

March 15, 2010 09:15 ET

Angels In Action Is a Social Network for Underserved American Entrepreneurs

CARSON CITY, NV--(Marketwire - March 15, 2010) - Angel Acquisition Corp. (OTCBB: AGEL) has a new micro-lending division of its company called Angels In Action. Angels In Action is a new microfinance and peer-to-peer lending social network for underserved American entrepreneurs seeking immediate financing. Angels In Action's website www.angelsinaction.tv features a social network wherein prospective lenders and buyers can safely and comfortably interact and communicate. Angels In Action also provides musicians, bands, product sellers, and other artists and musicians the chance to sell their products and services on the website's e-commerce center. Proceeds from each purchase on www.angelsinaction.tv are generously allocated to featured entrepreneurs seeking microloans.

Angels In Action is inviting fans and friends to join them on Twitter and Facebook.

Twitter: www.twitter.com/angelsinaction

Facebook: www.facebook.com: http://www.facebook.com/pages/Angels-In-Action/145472396848.

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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