SOURCE: Rent Finders USA, Inc.

May 04, 2006 08:31 ET

Rent Finders USA, Inc. Implements National Expansion Strategy by Signing Letter of Intent to Acquire New York Real Estate Company

WEST PALM BEACH, FL -- (MARKET WIRE) -- May 4, 2006 -- Rent Finders USA, Inc. (OTC: RFDU) is pleased to announce that the Company has signed a Letter of Intent to acquire 100% of Aaron A. Moss Realty, a real estate company servicing Western and Central New York State. This will be the Company's first acquisition and the beginning of Rent Finders USA's strategy to expand the South Florida business throughout the entire United States.

Aaron Moss spent the last 10 years in the booming South Florida real estate market developing a corporate wide system showing thousands of realtors and investors how to make money in real estate everyday. As Chief Operating Officer of Jordyn Taylor Properties, Inc., he oversaw the opening of 17 real estate offices in less than 4 years where he hired and trained over 1500 agents. The Company completed over 25,000 real estate transactions under his watch. Aaron A. Moss Realty is currently training a handful of full/part-time real estate agents in the Central New York market.

"The potential acquisition of Aaron A. Moss Realty is a major step in our plan to take develop a national brand by acquiring and converting existing real estate agencies under the Rent Finders USA name. By expanding our successful business model into the lucrative nationwide property management and tenant placement services market, we intend to build substantial value for our shareholders," stated William Luckman, CEO of Rent Finders USA, Inc.

About Rent Finders USA, Inc.

Rent Finders USA, Inc. (http://www.rentfindersusa.com) is a full-service Real Estate Broker that specializes in residential Property Management. Rent Finders USA, Inc. opened its offices in 2001, and has quickly become one of South Florida's fastest-growing real estate companies, successfully operating 10 locations and having completed in excess of 35,000 real estate transactions since the company's inception in 2001.

SAFE HARBOR ACT: This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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