SOURCE: Concorde Resources Corp.

June 26, 2006 09:30 ET

Concorde Resources Corp. Releases Shareholder Update

PORT ST. LUCIE, FL -- (MARKET WIRE) -- June 26, 2006 -- Concorde Resources Corp. (PINKSHEETS: CCDX) announced today information pertaining to its wholly owned subsidiaries including: Mclayne industries Inc.

Mclayne was formed in Q1-2006 to absorb and carry the assets and liabilities of Great Ink (Vancouver, WA). The definitive acquisition agreement executed on February 27th 2006 between Concorde and Mclayne involved the issuance of 8.3m (split adjusted) new restricted shares and the assumption of all Great Ink / Mclayne revenues, assets and liabilities.

Mclayne is negotiating a menu of telecommunications components with a global provider for its 2007 VAR business model. Mclayne's growing customer list includes: Prestige Care Inc, Skamania County Washington & Roadmaster Incorporated.

About Mclayne Industries, Inc.:

Mclayne Industries brings medium to large businesses a long awaited quality alternative to the high priced OEM imaging industry. We offer one of the largest selections of printer, inkjet, fax and toner cartridges to our valued customers. Our state of the art quality control allows us to offer a better product than the manufacturer and back it up with an unparalleled quality guarantee.

About Bevcorp International, Inc.:

Bevcorp International, Inc., d/b/a Beverly Hills Weight Loss & Wellness®, offers proprietary diet programs, scientifically created to provide a credible medically developed lifestyle change that stands the test of time. For decades of proven success, Beverly Hills Weight Loss & Wellness has focused on a long-term unbeaten weight management program, suited to each client's changing physical, emotional and lifestyle needs. Beverly Hills is a premiere franchise organization, establishing a strong brand with all the associated cost savings, operational and marketing benefits.

About Terrax Inc.:

Terrax Inc. provides value added, integrated business solutions via its core product, WeNetShip (WNS). WeNetShip is a service that provides cross border shipping, customs options and complementary services by offering a direct path into the Canadian market from anywhere within the United States. WeNetShip takes advantage of the power of the Internet to enable small to medium US businesses to enter the on-line world of e-commerce while removing any barriers in accessing the Canadian market. Shipments crossing the border from the US to Canada become domestic in nature.

About Concorde Resources Corp.:

Concorde Resources Corp. is a diversified investment conglomeration that develops partnerships and/or acquires control and recapitalizes small high growth businesses in selected business sectors.

No Stock Exchange or Securities Commission has approved nor disapproved the statements in this release. Any statements that are not strictly historical are "forward-looking statements" made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and within the meaning of the section27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to a number of risks and uncertainties that may affect actual events or results materially. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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