TRAC Financial Group, Inc. Subsidiary Enters into Joint Venture Agreement with TRAC Mortgage Inc.

HUNTINGTON BEACH, Calif. -- TRAC Financial Group, Inc. (Pink Sheets:TCFG), announced today that its wholly owned subsidiary, Segway Financial, Inc., has entered into a joint venture marketing agreement with TRAC Mortgage Inc., a previously unaffiliated mortgage broker based in La Verne, California.

Alex Baiseri, President of TRAC Mortgage, Inc. said, "TRAC Mortgage was founded several years ago to provide home mortgages in the City of La Verne, California and those cities nearby, by targeting the Hispanic community in those locales. Our goal is to expand our business to include not only residential mortgage loans, but also commercial, construction, and business loans to the community at large. While the efforts to date of TRAC Mortgage have been mostly limited to the local community, this joint venture marketing agreement with Segway Financial which allows us to utilize Segway's marketing programs will permit us to expand our mortgage loan services to other communities in California, while still emphasizing on serving the burgeoning Hispanic population." Mr. Baiseri went on to say, "We think this is just the beginning of some of the financial service opportunities which we intend to offer clients and we are looking forward to working with TRAC Financial Group."

About TRAC Financial Group, Inc.

TRAC Financial Group, Inc. is a financial services holding company. TRAC Financial Group, Inc. intends to actively pursue acquisition and merger candidates, consisting of mortgage brokers/bankers that are structured and operated to perform satisfactorily in any mortgage climate. The Company intends to acquire entities with production that is comprised of entry-level FHA borrowers, as well as luxury home buyers with individual loans up to $2,000,000 or more. A new website is under construction and will be announced at a future date.

A number of statements referenced in this Release, and in interviews that have been granted, 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 TRAC Financial Group, Inc. 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 described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. TRAC Financial Group, Inc. 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 TRAC Financial Group, Inc. which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company.