Capital Investment House and Traders Development Enter into Global Software AVALON FX PRO(TM) Licensing Agreement.

BEVERLY HILLS, Calif. -- Capital Investment House, and Traders Development, LLC (TD), a wholly owned subsidiary of Avalon Capital Holdings Corporation (OTC: AVAL.pk), announced today that they have entered into a software licensing agreement in which Capital Investment House will make available TD's high speed, Avalon FX Pro 4.1[R] order-entry software to its customers. Additionally, Capital Investment House will manage its online FX business via the Avalon FX Pro Back Office. The platform designed for Capital House is called "CIH Bank FX Avalon FX Pro 4.1" and will be targeted to retail clients and regional Russian banks looking for White Label FX opportunities.

TD's development team provided a customized solution for Capital Investment House, enhancing its ability to compete for the acquisition of Forex clients. M. Kladov, Capital Investment House, Managing Director, said, "We are excited to be able to offer to our clients one of the best software for trading Forex developed by Traders Development LLC. We tried out many other programs and this platform is head and shoulders above."

Mitch Eaglstein, COO of Avalon Capital Holding Corporation, the parent company of Traders Development, LLC, said, "We look forward to working closely with Capital Investment House to distribute Avalon FX Pro 4.1[R] as they grow their spot FX customer base."

Avalon Capital Holdings Corporation, through its subsidiaries, develops, markets, and distributes high-performance trading software to financial institutions that engage in online trading. The Company specializes in products and turnkey solutions related to the Foreign Exchange ("Forex") market. For additional information please visit www.avaloncapitalholdings.com or email [e-mail].

Traders Development, LLC is a financial software company based in Irvine, California. It is a leading technology provider of foreign exchange trading and data solutions. Its services include turn-key and customized solutions including dealing interfaces, back-office processing, database solutions, hardware, and technical support. Traders Development has developed and owns Avalon FX Pro[TM]. For additional information contact [e-mail].

Capital Investment House is a financial company, based in Moscow, Russia. CIH is a broker-dealer registered and licensed to conduct business in securities. It is also engaged in offering Asset Management service to a broad customer base.

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.

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