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Capital Title Group Adds Industry Veteran Burton J. Rain as President of New Subsidiary.


SCOTTSDALE, Ariz. -- Capital Title Group Inc. (Nasdaq: CTGI CTGI Capital Title Group Inc ) -- listed No. 21 in FORTUNE'S 100 Fastest Growing Companies in America for 2004 -- is a national provider of title, appraisal and other transaction services to the real estate and mortgage lending industries. The company announced today the selection of Burton J. Rain to serve as president of a newly formed subsidiary headquartered in Florida that will operate under the brand name New Century Title Co. Rain's extensive title industry career includes executive management responsibility for operations of multistate branch office networks, and expansion and development of new territories. His successful execution of developing new markets will be invaluable to Capital Title as it implements its plan to expand its network of offices into the east and southeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . His territory will include the Texas market, which is ranked third, behind California and Florida, with respect to annual title premiums written.

Rain most recently served as executive vice president of Fidelity National Title Insurance Co., responsible for agency operations for all Fidelity National companies in 13 western states. For five years he had served as national agency director for all Fidelity National companies where his responsibilities included national agency sales and operations, and business development for agency acquisitions and financing. Prior to joining Fidelity he served in various management capacities and was vice president and national agency director for SAFECO Title Insurance Co. when SAFECO was acquired by Chicago Title and Trust in 1987. In the early years of his career in the title industry, Rain held management positions in charge of multistate agency operations based out of Illinois, Michigan and Texas. He holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in business administration from Menlo College The sprawling campus is on the border of affluent Atherton and Menlo Park, and is adjacent to its former partner institution, Menlo School.

In 1927, the college program became a separate junior college from Menlo School and continues to share the same campus.
 in Menlo Park Menlo Park.

1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there.

2 Uninc.
, Calif. Rain has been actively involved as a member of the board of several of Fidelity National Financial's subsidiary companies.

"It is with great enthusiasm that we welcome Burt as a member of our senior management team. Burt's wide-ranging experience and the strong network of relationships he has developed within the title industry will be helpful to Capital Title as we move into new markets starting with Florida and spreading throughout the east and southeastern United States. Texas is also a primary expansion market that Burt will oversee," said Donald R. Head, chairman, president and chief executive officer of Capital Title Group Inc. "Burt will be instrumental in identifying target acquisitions and in charge of integration and operations of newly acquired companies within his markets. We are pleased to add Burt to the senior management team that will lead this company to its next level of performance."

Commenting on his appointment Rain stated, "I look forward to joining a growth-oriented company that is energetically moving into new territories. Contributing to this effort I will use my many years of experience within the industry to successfully implement the expansion of Capital Title's national footprint."

Headquartered in Scottsdale, Ariz., Capital Title Group Inc. through its subsidiaries offers services throughout the United States for title insurance, appraisal and valuation services, and other related services to residential and commercial customers in the real estate and mortgage lending industries. Subsidiary companies include Capital Title Agency, New Century Title Co., United Title Co., First California Title Co., Land Title of Nevada, CTG CTG Cartridge
CTG Center for Technology in Government (SUNY, Albany, New York)
CTG Center for Technology in Government
CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) 
 Real Estate Information Services See Information Systems. , Nationwide Appraisal Services, Nationwide TotalFlood Services Inc., Real Estate Appraisal Real estate appraisal

An estimate of the value of property using various methods.
 Services Inc., NAC See network access control. 1031 Exchange Services, 1031 ExchangePoint Inc. and AdvantageWare, with strategically located offices in Arizona, California, Nevada, Ohio Nevada (pronounced nah-VAY-da) is a village in Wyandot County, Ohio, United States. The population was 814 at the 2000 census.

Nevada was the home of Dr. Charles E. Sawyer, a homeopathic physician who is blamed for giving a false diagnosis of U.S. President Warren G.
, Pennsylvania and Texas. The company is also licensed to issue and underwrite title insurance policies in Arizona, California, Nevada, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Pennsylvania and Texas through United Capital Title Insurance Co. The combined companies have in excess of 2,500 employees.

Visit our Web sites for more information on the company and its subsidiaries:
www.capitaltitlegroup.com       www.capitaltitle.com
    www.nationwide-totalflood.com   www.landtitlenv.com
    www.nationwidesolution.com      www.unitedtitle.com
    www.newcenturytitle.com         www.firstcal.com
    www.awiware.com                 www.nascopgh.com
    www.nac1031.com                 www.1031exchangepoint.com


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Certain statements in this release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses Operating expenses

The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted.
 or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company's products and services; and assumptions relating to the foregoing.

Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information.

Some of the important factors that could cause the company's actual results to differ materially from those projected in forward-looking statements made by the company include, but are not limited to, the following: fluctuations in interest rates that can affect operating results, intense competition, past and future acquisitions, expanding operations into new markets, risk of business interruption, management of rapid growth, need for additional financing, changing customer demands, dependence on key personnel, sales and income tax uncertainty and increasing marketing, management, occupancy and other administrative costs administrative costs,
n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided.
.

These factors are discussed in greater detail in the company's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended Dec. 31, 2004, as filed with the Securities and Exchange Commission.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 22, 2005
Words:902
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