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Non-Tech : NCFC - New Capital Funding Corporation

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From: jmhollen	5/24/2006 10:57:05 AM
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First Guardian Financial Corporation Explores Offering Merchant Credit Card Processing Services NEW YORK, May 24, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that the company is in the process of exploring and developing a merchant credit card processing service. The company's executive management in its attempt to provide complete financial services/products to small and mid sized businesses across America has elected to pursue merchant credit card processing services as part of its portfolio of products. The company intends to establish/develop this venture either as a joint venture or as an intermediary with an established processor or explore developing its own from the ground up, whatever course the company decides it believes that it is essential to enter into this multi billion dollar sector. Some of the anticipated processing services/products the company will offer include: ATM/Debit Card Processing, Gift Cards, Electronic Check Processing, Check Guarantee, POS Equipment and Secure Online Payment Processing. "The company continues to pursue products and services that are essential for the small and midsized business community as part of its overall goal of becoming a one stop destination for all thing business, with the company's development underway of its Buysellmerge.com Unit it is essential that the company offers as many products as possible that will be available on the portal in house thus creating and controlling the revenue streams of said products opposed to out sourcing them for only a fraction of the fees/revenues that will be generated, the company also intends on generating revenue via advertising on its Buysellmerge.com portal." Said Abraham Rosenman President FGFC "We foresee a network of offices in major cities across the country staffed with local knowledgeable professionals generating business from their communities augmented buy leads from the company's soon to be launched Buysellmerge.com business portal." Mr. Rosenman also stated. About First Guardian Financial Corporation: The company provides an array of financial services/products to small and mid sized business across the United States; the services/products will be offered via the internet on its Buysellmerge.com site/portal and a network of offices in major cities across the country. The company offers Commercial Real Estate Financing & Invests/Lends for its own portfolio along with soon to be added leasing services and merchant credit card processing with more services to be added for small and mid sized businesses. 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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