SOURCE: City Capital Corp.

September 23, 2010 10:00 ET

City Capital Expands Further With Five New Sweepstakes Centers

NEW YORK, NY--(Marketwire - September 23, 2010) - City Capital Corporation's (PINKSHEETS: CTCC) wholly owned subsidiary Clean Sweeps Holdings, LLC announces the expansion of its innovative sweepstakes business model in the state of Virginia. Clean Sweeps Holdings LLC is currently positioning Sweepstakes Income gaming terminals in an additional five retail locations across southern Virginia. Sweepstakes based gaming recently became state law in July 2010, and has since caused a boom in business. Retail entities there are now experiencing stunning growth rates as the hotly-popular gaming phenom continually brings in new clientele, and revenue.

The company anticipates investing approximately $100,000 per new retail location for a total capital contribution not to exceed $500,000 in buildout over the next ninety days. The company is targeting additional gross revenue from the five new locations of approximately $700,000 annually. The estimated target revenue is based solely on the average unaudited gross sales of existing operating locations in the region. Management at the company anticipates having the five new locations up and operating within the next quarter.

Sweepstakes Income games allow players to win cash prizes at terminals located in shopping centers and kiosks. The games attract players of all types, diversifying the clientele that frequent retail business entities. Comparable to the McDonald's Monopoly gaming concept, Sweepstakes Income games are 100% legal, yet they offer far more feasible probabilities for achieving victory. And perhaps more significantly, owners of Sweepstakes gaming machines regularly experience significant, rapid revenue generation that is simplistically sustainable.

The company opened its first sweepstakes gaming center in the state this summer, and has experienced market beating returns. Over the last few weeks the company has been aggressively pursuing expansion options, and finalizing plans for the buildout and construction of an additional five sweepstakes centers in the southern Virginia area. The company expects the first new locations to come online later this fall, after finalizing administrative and regulatory compliance. The additional locations per the company plans will be wholly owned, or developed in partnership with traditional retail businesses.

Ephren Taylor, Chief Executive Officer of City Capital Corporation, stated, "The state of Virginia holds great promise, and while we are aware of future and current challenges related to our industry we are confident Virginia will be a strong growth market for our company. While other companies operate non-compliant, or sometimes illegal software clones of our systems we plan to dominate the market with our innovative and compliant retail platforms. That's why we have hired the best lawyers, the best lobbyist, and some of the best professionals in the industry to bring this plan to fruition."

Gaming terminal owners agree to pay a percentage of proceeds to Clean Sweeps Holdings, LLC, which in turn donates a hefty portion of every penny earned to various charities and other socially conscious projects. The entire Clean Sweep Holdings, LLC gaming system presents a win-win-win situation for consumers, retail business owners and individual entrepreneurs marketing the opportunity. For the consumer, a 100% legal cash incentive based gaming system presents an exciting avenue for entertainment. For retail business owners that house the units, an influx of new clientele is experienced. And for the owners of the gaming units, affordable, sustainable passive income streams are generated.

About Clean Sweeps Holdings, LLC
Clean Sweeps Holdings, a wholly owned subsidiary based out of Raleigh, North Carolina, currently leverages innovative gaming technology to assist retail merchants in increasing revenue while assisting charities with raising much needed financial resources. The software itself is an interactive suite of video games that allows merchants to run their own private sweepstakes to encourage customers to spend more in their retail locations. When consumers purchase the promoted items, a portion of those proceeds helps to raise financial resources for selected charities. The company earns revenue from managing the software and hardware solutions on a subscription and percentage basis. The company has recently collaborated with several development partners for continued expansion of new and engaging interactive applications to increase the effectiveness of the existing platform.

About City Capital Corporation
City Capital Corporation (PINKSHEETS: CTCC), founded in 1984, is a leader in the production and distribution of emerging new gaming technology. Its holdings include corporate owned retail stores and partnerships across the nation. City Capital also maintains its long track-record of both building value for investors and shareholders, while keeping with its socially responsible focus. A significant share of profits are donated to charity and other worthwhile causes.

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