Asset Capital Group, Inc. to Expand Bio-Remediation Marketing Efforts.

COSTA MESA, Calif. -- Asset Capital Group, Inc., (PINK SHEETS:ACGU) announced today that it is expanding the marketing of its signature bio-remediation fluids and cleaning equipment. Following its recent acquisition of a minority ownership interest in American Bio-Clean Corporation and an 80% ownership interest in American Bio-Tech Cleaning, Inc., the Company intends to rapidly expand the marketing efforts of its subsidiary companies.

American Bio-Clean Corporation ("ABC") is a long-time supplier of environmentally-safe products to the U.S. Military for use in cleaning weapons, from small hand arms to aircraft-mounted artillery. ABC is certified as a Service Disabled Veteran Owned Business and qualifies for the Federally-mandated 3% minority spending requirements. Similar mandated-spending requirements adopted by most states vary from 3% to 20%. Additionally, many private sector companies have targeted goals for suppliers.

American Bio-Tech Cleaning, Inc. ("ABT") designs and manufactures the parts/weapons cleaning systems which utilize bio-remediation fluids that are eco-friendly. The system uses a water-based cleaning fluid integrated with a self-contained bio-remediation process. ABC serves as the designated marketer/distributor of the various ABT products.

James E. Shipley, President of Asset Capital Group, stated, "Previously, most bio-remediation cleaning methods have been problematic. Cleaning devices using bio-remediation were essentially rudimentary containers holding a microbial solution known as 'Mineral Spirits'. However, the use of Mineral Spirits has raised significant environmental and health concerns. Our fluid products and machines have been proven to be in full compliance with all current environmental standards. In other words, they are 'Cleantech'. Moreover, our products are adaptable for many uses beyond weapons cleaning."

Mr. Shipley continued, "By uniting ABC, the Service Disabled Veteran Owned Business (SDVOB) with ABT, we are able to expand marketing efforts not only to our historical customer, the United States Department of Defense, but other market segments as well. Our potential customers include other Federal agencies, state and local governments and private industry. In many instances, the SDVOB certification of ABC will give our family of companies a competitive edge."

A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may, "could," or "might," occur. Such statements reflect the current views of the company's management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to maintain optimal operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the "forward-looking" statements contained in this news release.