Auto 'V' Grooving Sales Increase Over 60% as Product Sells Worldwide.

LAS VEGAS -- Premier Mortgage Resources, Inc.'s (OTC:PMRS) subsidiary Auto "V" Grooving, Inc., a leader in the manufacture of high precision fabrication machinery, today announced a year-over-year sales increase of over 60% as Auto 'V' establishes a worldwide market for their latest patented technology.

Auto 'V' sales for 2006 exceeded $1.5 million compared to $900,000 in 2005 and Company Management believes that Auto 'V' is on target to increased sales at an even faster pace as clients worldwide realize significant increases in their fabrication productivity. "Thirty-three percent of our sales in 2006 were made outside of North America and we expect those sales as well as our North American sales to increase considerably in the next few years," states Steven Brown, Chief Executive Officer of Auto 'V'. He continues, "We have built a team and facility to handle our anticipated growth. In fact, we can handle over $7.5 million in annual production without adding any additional overhead."

Auto 'V' currently serves a small portion of the market (Management estimates market share at a little over 1%). The Company intends to increase its market penetration and capture enough market share to fully utilize its production capacity within 3 years. The Company also plans to establish small fabricating plants worldwide to allow small customers to take advantage of state-of-the-art equipment without a large capital expenditure. "We believe that the combined revenues from our existing production and from our new small fabricating plants could top $10 million annually within 3 years," states Brown.

Safe Harbor -- This press release includes forward-looking statements that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Premier Mortgage Resources, Inc. future results, please contact the Company directly. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.