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Non-Tech : NCFC - New Capital Funding Corporation

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From: jmhollen	5/13/2006 10:59:35 AM
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First Guardian Financial Corporation Completes Buyout of the Minority Interest in Windsor Capital Ltd. NEW YORK, May 11, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the buyout of the minority interest in Windsor Capital Ltd. First Guardian Financial Corporation had previously owned/purchased a majority interest in Windsor Capital Ltd. and now has completed the buyout of the remaining shares of the minority interest that it did not own; thus making Windsor Capital a (100%) wholly owned subsidiary of FGFC. The company intends to grow aggressively through acquisitions within the finance sector such as commercial/residential mortgage companies, leasing/finance companies, factoring companies, debt recovery companies and other financial sector related entities. The company will also continue to pursue investments to small and mid sized companies for its own portfolio, in those company's that demonstrate the ability to yield a decent return with a secured position for the company. "We are very pleased with the speed and execution of this buyout and would like to thank our acquisition team for their hard work and efforts, The company intends to control a (100%) majority interest in all its acquisitions whenever financially possible," said Abraham Rosenman, President First Guardian Financial Corporation. About Windsor Capital Ltd: Windsor Capital Ltd. is a consulting and investment firm specializing in the areas of information technologies serving the Banking, Investment Banking and Health Care Service Industries. About First Guardian Financial Corporation: The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small and mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate finance market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States. SOURCE: First Guardian Financial Corporation CONTACT: First Guardian Financial Corporation Investor Relations, 212-572-4823 Fax: 212-572-6499 ir@guardianfinancialcorp.com www.guardianfinancialcorp.com .

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