SOURCE: Diversity Group International Inc.

December 21, 2010 09:30 ET

Diversity Group International Updates Domestic and International Business Development

MIAMI, FL--(Marketwire - December 21, 2010) - Diversity Group International (PINKSHEETS: DGIN) today announced that discussions with EXE Financial out of Panama and Ecuador have continued to successfully move towards a joint venture agreement for distribution reach into the Latin and South American markets with its Premium Finance and IROS products.

"EXE Financial continues to represent a potentially lucrative channel into DGI's target clientele with access through their extensive network of law firms and advisors," says Diversity Group's CEO Kevin Bobryk. "We see this as an opportunity to further vertically integrate our product offering by being able to offer a turn-key wealth creation/estate planning product with the insurance program combined with our existing IRMA and IROS programs."

The first potential case has emerged throughout early discussions with EXE; "We are excited with the preliminary interest and traction the product and strategy has seen in discussions with our partners. This is a strong indicator that our targeted marketing strategy is focused on the right prospects as we seek to penetrate into the Latin and South American markets."

DGI also is pleased to update that the IROS program distribution through Northstar Brokerage is exceeding initially estimated interest. The firm has already analyzed several cases and expects to potentially see several more before the year is finished.

Northstar Brokerage is a national Life Insurance and Annuity Brokerage organization providing top contracts, services, and products to 15 regional and national wholesaling firms, five broker-dealers, and more than 1600 professional Advisors in 21 states. As a national marketing firm, Northstar generates in excess of $300 million in sales annually.

"Northstar and their extensive network represent an enormous distribution channel for our IROS program," Diversity Group's CEO Kevin Bobryk previously said. "We represent the potential for a major value-add for Northstar's premium finance transactions. With our IROS strategy, Northstar's clients will be able to optimize their fixed-interest-rate loans associated with premium finance transactions; potentially reducing their overall borrowing costs."

Diversity Group International Inc. is a Florida-based corporation currently traded under the symbol; DGIN.


Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual result and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change, other than as required pursuant to applicable securities laws.

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