SOURCE: Midland Baring Financial Group

September 17, 2008 11:28 ET

Midland Baring Acquires Level Vision Electronics

MONTREAL--(Marketwire - September 17, 2008) - Midland Baring Financial Group (PINKSHEETS: MDBF) (FRANKFURT: M4U) announced today that it has acquired 100% of Level Vision Electronics in an all stock transaction. Level Vision Electronics is a Montreal based consumer electronics manufacturer and distributor, and specializes in cellular phones, MP3 players, Bluetooth devices, LCD Television and electronic accessories.

According to the company, Midland Baring Financial Group's stock will be reverse split 20 to 1 and a total of 25,000,000 shares will be issued to the shareholders of Level Vision Electronics and whereby the company will have a total of 45,000,000 shares outstanding on a fully diluted basis. The company will immediately change its name to Level Vision Electronics Corp. and apply for a new ticker symbol.

"The unique potential of Level Vision is truly exceptional and one that will create sustainable value for our shareholders," said Jean-Francois Amyot, President of Midland Baring. "The corporation plans to concentrate all of its efforts to the development of Level Vision and its expanding cellular world market and whereby the current services division of Midland Baring may be sold or slowly phased out," further added Mr. Amyot.

About Level Vision Electronics

Level Vision was established in 2005 with the creation of strategic alliances in China, Taiwan and Malaysia to bring to market the world's finest electronics solutions and products.

About Midland Baring Financial Group

Midland Baring Financing Group is one of North America's few financial services organizations created for the benefit of micro and small-cap companies. Midland Baring offers a unique turnkey solution, whereby our services provide small-cap companies a complete services offering from initial public offering services, corporate finance advisory, reverse merger, PIPE financing and mergers and acquisition services. Our teams of advisors create customized solutions to offer our clients a rapid, flexible and cost-effective funding alternative, which will enable them to grow, build cash reserves and ultimately enhance shareholder value.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

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