egX Group Inc.
TSX VENTURE : GFG

egX Group Inc.

June 24, 2008 09:00 ET

egX Canada-Two Steps Closer to Launch

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 24, 2008) - egX Group Inc. (TSX VENTURE:GFG) is pleased to announce that its wholly-owned subsidiary, egX Canada Inc., has confirmed connectivity with the Investment Industry Regulatory Organization of Canada or IIROC (formerly Market Regulation Services Inc. or RS) to provide egX Canada with marketplace regulation services, including market surveillance, trade desk reviews, investigation services and enforcement of UMIR applicable to the egX Canada marketplace.

egX Canada has also confirmed connectivity with CDS Clearing and Depository Services Inc. (CDS) for the provision of trade clearing and settlement services.

"Our team of dedicated professionals continue to achieve key milestones as we progress towards the launch of egX Canada, a distinct and dynamic securities marketplace for real estate," stated Mary Wong, President of egX Canada. "The agreements with IIROC and CDS and the confirmation of connectivity satisfy two pre-operating conditions contained in the recognition order issued by the (BCSC)."

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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