Temporary Financial Services, Inc. Signs Letter of Intent.

SPOKANE, Wash. -- Temporary Financial Services, Inc. (OTCBB:TPFS) announced today that it has entered into a non-binding letter of intent to acquire Toolbuilders Laboratories, Inc. ("TBL"), a Washington corporation. TBL is engaged in the business of inventing, designing, engineering and producing software products. TBL's flagship product, the Sempre(TM) Series, is an automated software source code analyzer which finds and repairs source code errors that could result in security vulnerabilities.

TPFS and TBL expect to enter into a definitive Stock for Stock Exchange Agreement in January, 2005. It is anticipated that the Definitive Agreement will result in a change of control of TPFS with the TBL shareholders owning 70% of TPFS and the current shareholders of TPFS holding the remaining 30% of TPFS after the transaction. The transaction is expected to provide approximately $1,600,000 cash to be used by TBL to further the commercialization of the Sempre Series and other software products currently in development by TBL.

When the transaction is closed, the officers and directors of TPFS will resign and new officers and directors will be appointed by the shareholders of TBL.

TPFS has operated as a financial services company since its inception in 2000. The Board of Directors has determined that the TBL transaction provides a better opportunity for the TPFS shareholders in the current economic climate. In connection with the pending transaction with TBL, TPFS will convert its remaining financial services assets to cash and will pay off all remaining debt.

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by the use of forward looking terminology such as "may", "will", "intend", "expect", "anticipate", "estimate", or "continue", or the negatives thereof or comparable terminology. The Company's actual results could differ materially from those anticipated in such forward looking statements as a result of certain factors, including, but not limited to, economic conditions, product demand, competitive products and pricing, and/or state and federal regulations. Additional information about our business may be found in our Form 10-KSB filed for the year ended December 31, 2003, and in other documents filed with the Securities and Exchange Commission.