Argent Capital Corporation Subsidiary eWealthUSA Announces Intentions to Acquire First Global Financial Advisors, Inc.; eWealthUSA to Offer Investment Advisory Services Nationally.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Dec. 8, 1999--

Argent Capital Corporation's (OTC BB: ACCT) wholly owned subsidiary eWealthUSA today announced its intentions to acquire First Global Financial Advisors, Inc. (FGFA).

FGFA is a retail registered investment adviser headquartered in Atlanta, Georgia, servicing more than 12,000 individual and business clients with collective investments exceeding $500 million. The firm is licensed in 26 states and operates through 12 Office of Supervisory Jurisdiction branch offices. FGFA employs 55 financial advisors. The firm's founder, Roger E. Sulhoff, is a nationally recognized leader in the independent broker-dealer and financial planning sector. He founded the firm in 1995. Prior to forming FGFA, Mr. Sulhoff was president of IFG 1st Plan, IFG Network Securities, Inc., based in Atlanta, Georgia. He has been the recipient of many national awards and has served the industry and industry associations in several capacities. SunAmerica Securities, an American International Group (AIG) company, provides broker-dealer services to FGFA and has awarded him "Archon" status every year since his affiliation in 1995. He was selected as the distinctive provider of planned giving and charitable trusts for the 1996 Paralympics, the worlds second largest sporting event, representing over 120 countries.

Samuel B. Watson, President and Chief Executive Officer of eWealthUSA said, "This acquisition provides eWealthUSA a strong entry into the advisory services arena with an experienced team of investment advisors. It also places the company in the unique position of being an Internet based one stop shopping financial services company offering consumers asset management, risk management, online banking and asset protection at the touch of a finger tip."

Under the terms of the letter of intent, First Global Financial Advisors, Inc.'s name will be changed to eWealthUSA Advisors, Inc., and Mr. Sulhoff, will become President of eWealthUSA Advisors, Inc. The transaction will be scheduled to close after the due diligence process is completed and final financial details are released.

Mr. Sulhoff stated, "the financial world is rapidly changing and eWealthUSA understands that change and is positioning itself to become a significant force in the United States and abroad. I look forward to participating in the growth of this revolutionary company."

"The consumer is clearly the big winner. No longer will the need exist for Americans to seek out relationships with multiple entities such as banks, insurers, CPAs and financial planners to achieve their dreams. We have what the consumer wants, the way they want it," said Gary K. Brown, eWealthUSA Executive Vice President of Marketing. eWealthUSA is an Internet based financial services company offering a full range of financial products and services, including: insurance, annuities, online banking, mortgages, debt management, estate planning, tax services, and investment advisory strategies and services designed to assist all Americans who wish to achieve their financial dreams.

Certain statements in this news release contain "forward looking-statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.