SOURCE: Exim Internet Group, Inc.

June 12, 2007 11:34 ET

EXIM Internet Group, Inc. Concentrates on Funding

BELLEVUE, WA--(Marketwire - June 12, 2007) - EXIM Internet Group, Inc. (PINKSHEETS: EXGN), operator of B2B web properties, is concentrating its efforts to secure sufficient funding.

Since late November 2006, when the planned acquisition deal for (a major contextual platform) did not close due to significant valuation differences and the's decision to remain a private independent company, EXIM Internet Group had experienced some delay in the expansion of its core business as a top export/import industry web site operator. Therefore, the company has been and is concentrating its efforts to secure sufficient funding to regain a leading position in its market. There are presently active discussions being held with two different parties to strengthen the company's financial position, and management is confident to achieve positive results. These discussions also include the potential inclusion of other business activities, and EXIM will report thereon as material results are obtained.

About EXIM Internet Group, Inc. (PINKSHEETS: EXGN)


EXIM Internet Group, Inc. is an operator of B2B web sites with more than 1,500,000 content-rich industry specific pages under management. The company intends to acquire and operate companies, web sites, projects, and ventures in Export/Import and International trading industries.

This release contains forward-looking statements and projections, made in reliance on Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. The company has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements have known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially from those set forth in such forward-looking statements.