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Dalrada Financial Reports First Quarter Financial Results.

- $12 Million Revenues Represent 172% Increase Over Prior Year -

SAN DIEGO, Nov. 22 /PRNewswire-FirstCall/ -- Dalrada Financial Corporation (BULLETIN BOARD: DRDF) today announced that it has reported its financial results for the first quarter period ended September 30, 2005. The Company reported revenues of $12 million for the quarter, an increase of $7.6 million over last year's first quarter. The Company also narrowed its net loss by 72%.

Dalrada provides a variety of financial services to small and medium-sized businesses, allowing its customers to outsource many human resources tasks. Its services include payroll processing, workers' compensation insurance coverage, health insurance coverage, and other employee benefits. These financial services relieve existing and potential customers of the burdens associated with personnel management and control.

"Dalrada has experienced significant growth over the past few quarters," said Brian Bonar, Chairman and CEO. "These results suggest that our business model resonates with our customers and prospects who see value in our ability to reduce the burden of administrative services on small to medium-size businesses," he added.

Dalrada provides services through its wholly-owned subsidiaries and division, SourceOne Group, Inc., Master Staffing and Heritage Staffing. The Solvis Group, Inc. , its 90 percent owned subsidiary, includes several operating units, including CallCenterHR(TM), Worldwide of California, and M&M Nursing. These companies and business units provide a broad range of financial services, including benefits and payroll administration, health and workers' compensation insurance programs, personnel records management, employer liability management, and temporary staffing services, to small and medium-sized businesses. Solvis also operates Imaging Tech, Inc., whose proprietary product, PhotoMotion(TM), is a patented color medium of multi-image transparencies.

About Dalrada Financial:

Dalrada Financial Corporation, headquartered in San Diego, California, provides a number of professional services related to human resources for businesses. Dalrada provides a variety of innovative financial services to businesses, including comprehensive human resource administration, workers' compensation coverage, and extensive employee benefits such as health insurance, HSA savings plans, 125 cafeteria plans, deferred compensation plans, and 401(k) plans. Dalrada also offers debit card payroll accounts and payroll advances. These services enable small to medium-size employers to offer benefits and services to their employees that are generally available only to large companies.

Information on the Company is available at http://www.dalrada.com/, http://www.thesolvisgroup.com/, http://www.mandmnursing.com/, http://www.colorvisuals.com/, and http://www.color.com/.

Safe Harbor:

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
 CONTACT:
 Brian Bonar, CEO
 Dalrada Financial Corp.
 9449 Balboa Avenue
 San Diego, CA 92123
 (858) 277-5300
 bbonar@dalrada.com

 Paul Knopick
 E & E Communications
 949/707-5365
 pknopick@eandecommunications.com



CONTACT: Brian Bonar, CEO of Dalrada Financial Corp., +1-858-277-5300, bbonar@dalrada.com; or Paul Knopick of E & E Communications, +1-949-707-5365, pknopick@eandecommunications.com, for Dalrada Financial Corporation

Web site: http://www.thesolvisgroup.com/

Web site: http://www.mandmnursing.com/

Web site: http://www.colorvisuals.com/

Web site: http://www.color.com/

Web site: http://www.dalrada.com/
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Publication:PR Newswire
Date:Nov 22, 2005
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