Avalon Capital Holdings Corporation Completes Development of Educational Software.

IRVINE, Calif. -- Avalon Capital Holdings Corporation (Pink Sheets:AVAL), and its wholly owned subsidiary, Traders Development LLC, announced today the completion of the development of its Avalon FX Pro Academy software. The Avalon FX Pro Academy teaches prospective traders about trading in the Foreign Exchange Market utilizing a multi-media approach with 21 interactive lessons and a comprehensive final exam. The Company plans to distribute the software from its own websites and through private label licensing agreements with various financial institutions.

Dr. Vladimir Karpenkov, CEO of Avalon Capital Holdings, said, "Education is the key for FX traders to gain knowledge about the Forex Market. Our Avalon FX Pro Academy is a powerful and valuable tool for anyone wanting to educate themselves about the Forex Market. The software package is designed for both novices and those individuals with some Forex trading experience who might want to fine tune their understanding of the Forex Market. While we will market the software ourselves, we also intend to work with financial institutions to use the Avalon FX Pro Academy under their own label to promote trading in the FX Market and use of the Avalon FX Pro 4.1 Trading Platform."

About Avalon Capital Holdings Corporation

Avalon Capital Holdings Corporation, through its subsidiaries, develops, markets and distributes high-performance trading software for financial companies that engage in online trading. The Company offers products related to the Foreign Exchange ("Forex"), the world's largest capital market according to The Bank of International Settlements. For additional information please visit www.avaloncapitalholdings.com or email [e-mail].

About Traders Development, LLC

Traders Development, LLC is a financial software company based in Irvine, California. Traders Development plans to be a leading technology provider of foreign exchange trading and data solutions to trading professionals and qualified organizations. Traders Development also provides turn-key or customized solutions to qualified organizations including dealing interface (or graphic user interface-GUI), application program interface (API), back-office processing, database, servers, technical support and upgrades. Traders Development has developed and owns its proprietary Forex Trading Platform, Avalon FX Pro. For additional information contact [e-mail].

A number of statements referenced in this Press Release 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 Release 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 Avalon Capital Holdings Corporation 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 integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce 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.

Avalon Capital Holdings Corporation does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Any communications received by fax or e-mail concerning Avalon Capital Holdings Corporation which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company.