CorpHQ Executives in London for Investor Talks; New Subscriptions for Portfolio Company Shares.

LONDON -- Executives from CorpHQ Inc. (OTC:COHQ) and Safeguard Technology International Inc. today reported that they had received additional subscriptions from investors with regard to the partial divestiture of Safeguard common stock by CorpHQ.

CorpHQ CFO Carlton McGee; Safeguard President Gregg Davis; and a shareholder representative are attending numerous meetings with individual and institutional investors in London and Manchester, England this week to continue to further this objective. After a first day of meetings, subscriptions total approximately $590,000, in addition to the $200,000 previously received by the Company.

As previously reported on July 16, 2004, CorpHQ management has offered to sell up to 10,000,000 shares at $0.20 per share to certain existing accredited Safeguard shareholders in its private placement, and make a capital contribution of up to 14,000,000 shares.

Mr. Davis said, "We wholeheartedly support this effort by CorpHQ that both increases the value of the shares held by all Safeguard shareholders, and reduces the cost basis of those shareholders that avail themselves of this opportunity."

Mr. McGee said, "We believe this divestiture works well for three sets of shareholders. It will allow CorpHQ to maximize its position in National Beverage Bottling, which is a rapidly growing company and a unique value in our opinion. It will give National Beverage the fuel it needs to expand it business. And, last but certainly not least, it provides derivative value to all Safeguard shareholders across the board."

About CorpHQ Inc.

CorpHQ, Inc. has evolved from an innovative online marketplace and virtual corporation for small and home-based businesses into a business consulting organization and holding company comprised of established and emerging companies. The CorpHQ companies address vertical market segments in the Consumer Products, Services and Technology industries. For additional information please visit the Company's website at www.corphq.com.

Forward-Looking Statements 

Any statements made in this press release which are not historical facts contain certain "forward-looking statements," as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

This press release is available at www.corphq.com and http://www.pinksheets.com/quote/quote.jsp?symbol=COHQ.