egX Group Inc.
TSX VENTURE : GFG

egX Group Inc.

January 18, 2008 19:36 ET

egX Group Updates Status with Investor Relations Consulting Firm

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2008) - egX Group (TSX VENTURE:GFG), today announced it has amended its contract with Barnes McInerney Inc. (BMI), its Investor Relations consulting firm. As previously announced in October 2007, egX Group engaged BMI to provide strategic investor relations consulting and corporate communications services to the Company. The investor relations agreement was for a one-year term with a monthly fee of $7,000. The parties have agreed to amend the original contract from the per month retainer to a fee-for-service based relationship. Neither BMI, nor any of its employees, holds any interest, directly or indirectly, in egX Group, or any right or intent to acquire such an interest.

About egX Group

egX Group is developing the egX, a global securities marketplace designed for the listing and trading of real estate and related financial products. The Company is preparing to launch its first marketplace in Canada under egX Canada, a wholly-owned subsidiary of egX Group. To achieve global presence and to penetrate international markets under the egX brand, egX Group is partnering with interested parties established in the key international financial centers in Europe, the Middle East, the Asia-Pacific region, and the Americas. Additional information, including the Company's business plan is made available at www.egXWorld.com.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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