May 5th, 2006 – Obsidian Capital seeks to acquire mortgage net branch and wholesale lending operations that demonstrate scaleable model with growth potential.

NEWPORT BEACH, CA – May 5th, 2006 – Obsidian Capital Group Inc (www.obsidiancapital.com), a venture capital and marketing company, seeks to acquire mortgage net branch and wholesale lending operations.

Obsidian desires to offer a full complement of net branch and wholesale lending services and continue to expand these capabilities into exciting new markets. Obsidian plans to offer a highly competitive, progressive Net Branch program facilitated by numerous branches nationwide.

Net branches are a practical option for many brokers and other originators who wish to increase their operations, marketing, and income. Obsidian will provide full support, a solid infrastructure, and diverse product platform. All these elements will utilize the best technology available, which Obsidian has at its disposal, in order to supply the perfect system for developing a successful net branch.

“We’re looking forward to the opportunity to serve brokers and customers in multiple territories,” said Bryan Reynolds, President of Obsidian. “We’re very excited about the potential this opportunity will yield for all involved."

Obsidian Capital Group, Inc., a private capital investor strategically focused in providing mezzanine investment cash, marketing and technology for burgeoning forward moving companies. Obsidian is a high-end Web-based developer delivering powerful .NET eBusiness solutions: solid, usable, intuitive Web applications, without the hype.

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