SOURCE: UC Hub Group, Inc.

September 18, 2007 15:03 ET

UC Hub Group Announces the Intent to Change Its Corporate Name to ezBanc Corp. and Further Enhance Business Operations and Management Team

LOS ANGELES, CA--(Marketwire - September 18, 2007) - UC Hub Group, Inc. (OTCBB: UCHB) is pleased to announce that, in its continued effort to focus on strategic investments in electronic and virtual banking and financial services industries, it intends to change its name to ezBanc, Corp. Respective corporate procedures and filings are set to begin during the month of September 2007. In further development of the Company's core business investments it intends to acquire patent-pending protocols and operations in the securities- collateralized private lending industry, as well as establish and staff respective subsidiaries designated to implement securities-collateralized and asset-based lending operations.

"The new corporate name will serve the purpose of our aggressive branding policy as the leading developer of projects related to electronic and virtual financial services. We acquired the rights to this name, which is registered with US Patent and Trademark Office ( along with certain Internet domain names in a private transaction and intend to use it in our marketing and advertising efforts across the board," states Larry Wilcox, the President of UC Hub Group, Inc. "It is also our intent to acquire software, patent-pending operating protocols and promptly launch respective securities-collateralized and asset-based lending operations inside our vertically integrated holding and subsidiaries structure. We are also pleased to announce that Mr. Ajene Watson, a successful entrepreneur, well-established authority on securities-collateralized lending and popular financial radio host is joining our Company as the Executive Vice President and COO. We believe Mr. Watson will bring his experience in private financial services industry and will be instrumental in staffing and operating our subsidiaries with the view of immediate revenue generation and further enhancement of shareholder value."

Additionally the Company, which has identified and entered into negotiations with substantial private funding sources, intends to engage in restructuring of its existing subsidiaries including increase of its capital investment in PSPP Holdings, Inc. with the view of implementing considerable improvements of its management and operations, restoring and further development of shareholders value and making the best effort to achieve profitable revenues based on existing and pending contracts.

About UC Hub:

UC Hub Group, Inc. (OTCBB: UCHB) is a versatile holding company engaged through its subsidiaries and otherwise in distribution of electronic services to municipalities, businesses and retail customers, virtual and electronic financial services, and developing software and operations in securities-collateralized and asset-based lending industries domestically and overseas.

Safe Harbor Statement:

Under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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