Amstar Financial Services Inc. Wins Legal Victory; Summary Judgment Against National Bank of Commerce Re-Affirmed; Amstar Wins More Attorney's Fees.

Business Editors

JUPITER, Fla.--(BUSINESS WIRE)--Oct. 6, 2003

On July 10th 2003, in the Circuit Court of the 13th Judicial Circuit in and for Hillsborough County, Florida: Amstar (OTCBB:AMAF) subsidiary Jupiter Mortgage Corporation (JMC) was granted its Motion for Summary Judgment against National Bank of Commerce, on the merits, and including an order for NBC to pay related attorney's fees. At that time Nelson A. Locke, Amstar CEO stated, "For reasons never fully explained to us, Jupiter was wrongfully named in this meritless lawsuit brought by NBC. This was a case of mistaken identity. Amstar and JMC made repeated good faith efforts to satisfy NBC's questions and avoid litigation. With complete disregard of publicly available factual information that would have answered their questions, they elected to sue JMC. Amstar successfully defended resulting in a complete and total dismissal of NBC's claims and an order requiring NBC to pay a portion of our legal expenses. We will not tolerate and shall immediately defend against any meritless litigation. We want to assure our shareholders, however, that we will not be distracted from our primary mission of increasing business and improving our fundamentals."

That having been said, NBC continued to pursue this litigation against JMC by filing motion after motion in an attempt to reverse the judgment and avoid responsibility for what the Courts had already found to be a wrongful action. NBC's legal machinations caused Amstar to commit yet more resources and management attention to defeating this wrongful action. Amstar is please to report that it has prevailed. On Friday, October 3rd 2003, once again in the Circuit Court of the 13th Judicial Circuit in and for Hillsborough County, Florida -- the Summary Judgment in Amstar's favor was upheld and Amstar was awarded additional Attorney's Fees retroactive to the inception of the wrongful action. Mr. Locke comments "In my opinion this continued litigation constituted an abuse of the legal system. Amstar thanks the Courts for seeing through this charade as NBC attempted to confuse the facts and extract itself from a bad situation. We repeatedly tried to stop them from harassing us. We have a business to run. Going into the Courts is never our first choice. However, when we must -- we will. We will always protect our shareholders from predatory legal actions such as this."

Amstar Financial Services, Inc is the new name for America's Senior Financial Services, Inc. The Company's prior trading symbol was AMSE. The Company's new trading symbol is AMAF. AMAF trades on the OTC-BB. The change became effective on October 1st, 2003.

Caution Concerning Forward-Looking Statements: The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements. This news release contains an update regarding a recent legal victory by the Company. It is uncertain if this legal victory will have an effect on our future business results. Our results are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in this news release. Factors that might cause such a difference include the possibility of lower revenues for the balance of the fiscal year, greater than anticipated operating costs, issuance of additional shares, the outcome of other litigation, the decline of availability of mortgages at reasonable rates, and a downturn in general economic conditions. These forward-looking statements speak only as of the date made. We undertake no obligation to update any forward-looking statements to reflect events or circumstances arising after the date on which they are made. To contact Investor Relations, email the Company at [e-mail]. The Company's web addresses are www.americassenior.com www.synergy-mortgage.com and www.jupiter-mortgage.com.