SOURCE: ESOL International Corp.

March 22, 2007 09:00 ET

ESOL International Commences $750 Million Cancun Real Estate Development

MERIDA, MEXICO -- (MARKET WIRE) -- March 22, 2007 -- ESOL International Corp. (PINKSHEETS: ESIT), through its wholly owned subsidiary, International Country Club Corp., is pleased to announce that it has selected Cancun, Mexico, as the location for the launch of the first in a series of planned real estate development projects in high traffic destination beach resort areas of the world.

Each real estate development project will be marketed under the MONARCH brand name. The MONARCH community is designed to not only offer quick access to the traditional beach life, but also a full range of recreational activities including golf, tennis, fishing, hiking, swimming, diving, horseback riding, wildlife excursions, equestrian center, spa treatments, elegant dining and live entertainment in a background of breathtaking views. To ensure the safety and security of its residents, the property subdivisions are to be established within a gated community offering full amenities and complete services of electricity, water and sewer.

The company has targeted the acquisition of large properties encompassing thousands of acres in close proximity to the high traffic destination beach resort centers in order to be in a position to sell lots and homes at a substantial discount from the present market comparables. For example, a 3 bedroom hacienda on a typical 1,000 plus square meter lot in the MONARCH Cancun development will be priced below $200,000. The market acceptance of this product is expected to be overwhelming. The concept of offering a home in one of the hottest resort destinations in the world for a price point under $200,000 is clearly a winner. The MONARCH community properties represent an affordable alternative to the overpriced beachfront lot or residence with limited investment appreciation potential.

The availability of a home in a gated community with all the amenities, quick access to the beaches and virtually unlimited recreational opportunities at a low, affordable price point will assist the company's efforts to distinguish the MONARCH brand from other developments in the popular tropical destination resort areas around the globe. Management is confident that the demand for the MONARCH brand will grow with each development.

The MONARCH Cancun is a 4,500 acre property situated only minutes by road travel from the center of the city, the international airport and the pristine Caribbean beaches. The project will offer 8,000 residential lots. The price for an undeveloped lot will start at $62,500 for the first 1,000 lots, increasing to $99,900 thereafter. Under these pricing assumptions, The MONARCH Cancun would realize gross revenues of over $750,000,000 in lot sales alone. Initial lot sales are scheduled to begin shortly. Management anticipates that the MONARCH Cancun development will sell out within the next three years.

Drew Farion, President of ESOL International, anticipates that "MONARCH Cancun will become one of the most sought after and popular resort communities in Mexico and the rest of the world before the end of this decade. Our development is poised for a successful, exciting launch due to the growing babyboomer demographics of the U.S. population, its exotic tropical easy-to-reach world class location, its compelling community concept and last, but not least, its attractive, accessible price point."

Mr. Farion also stated that, "on behalf of the all staff at ESOL International, I want to express our sincere gratitude and thanks for the tremendous encouragement and assistance of the Cancun Municipal Government and the State of Quintana Roo Government. A special note of appreciation is also in order for the outstanding Mexico law firm of Vazquez and Associates, headed up by Lic. Orlando Vazquez, for their comprehensive and professional legal assistance in getting this project off the ground."

For more information on the MONARCH Cancun development, please visit

ESOL International plans on expanding the MONARCH brand to other high traffic beach destinations in Mexico during 2007.

About ESOL International

ESOL International Corp. is a public company that currently trades on the OTC (over-the-counter) Pink Sheets market in the United States under the symbol ESIT. It has two wholly owned subsidiaries, namely, International Country Club Corp. and J.G. Capital Corp. International Country Club is currently focusing its real estate development operations on growth opportunities in the Cancun, Mexico area and plans to expand throughout the country and Latin America in 2007 and beyond. J.G. Capital, the financial arm of ESOL International, has a substantial net worth, primarily comprised of cash and marketable securities, and no long-term debt. It is presently consulting with small and medium sized Mexican companies in going public on international stock exchanges.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Certain statements made by ESOL International Corp. and subsidiary companies which are not historical facts may be considered forward-looking statements, including, without limitation, statements as to trends, management's beliefs, expectations and opinions, which are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors that may cause actual results to differ materially from those in the forward-looking statements. For further information that could cause actual results to differ from ESOL International Corp's expectations as well as other factors that could affect ESOL International Corp's financial statements, please contact ESOL International Corp. Investor Relations for further information.

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