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MBKR (2.16) Provides Guidance Projecting Revenues of US$40 Million for Fiscal 2007 as it Prepares to Enter the US$3.2 Trillion U.S. Market

Business Wire "US Press Releases "

TORONTO--(BUSINESS WIRE)--

MortgageBrokers.com, Inc., a subsidiary of MortgageBrokers.com Holdings, Inc. (OTCBB: MBKR), announced today that it projects revenues of US$40 million for fiscal 2007 after receiving regulatory approval to begin operations in British Columbia and the recent retention of the Thomas Law Firm, of Dallas, Texas to begin the licensing process to allow the Company to operate in the 50 United States.

The Company has already demonstrated quarter over quarter growth averaging 104% since Q2 2005 operating solely in the Canadian market. The Company anticipates continued growth in Canada and additional revenue growth as they prepare to enter the United States market with a mortgage volume valued at US$3.2 trillion. MortgageBrokers.com recently announced regulatory approval from the Financial Institution Commission of British Columbia ("FICOM") to begin operating in the province of British Columbia, Canada's second largest market. The Company anticipates significant growth in the larger U.S. market when it commences operations, pending regulatory approval.

"The recent revenue licensing agreements in Canada that are projected to add CAD$120 million in mortgage volume origination are just the beginning of our consolidation strategy. With our strategic alliance with RE/MAX, our new market in British Columbia, and the mammoth U.S. market awaiting us, we anticipate exponential growth," said Alex Haditaghi, Founder and CEO of MortgageBrokers.com. "With our universal domain name, our next level lead generation model, and our co-location program with RE/MAX, we feel MortgageBrokers.com is poised for exponential growth in Canada and the U.S. market," added Haditaghi.

About MortgageBrokers.com

MortgageBrokers.com is an online lead generator and mortgage brand specializing in the mortgage brokerage sector. The Company is dedicated to re-branding the over 40,000 small and medium mortgage broker (SME) firms in North America while providing these entities scalability through a centralized shared services platform. MortgageBrokers.com is designed to facilitate continued ownership for these SME brokers while they work under the umbrella of one globally recognized brand. The Company provides centralized services in the areas of payroll and accounting, compliance, marketing, technology, HR and lead generation to afford our brokers improved access to potential customers through strategic alliances and partnerships. MortgageBrokers.com also provides its national team the opportunity to leverage origination with lending institutions, establish higher referral fees from lenders, and give its team members the ability to earn ownership in a publicly-traded entity with the goal of an eventual career exit strategy.

Cautionary Note Regarding Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as 'Forward-Looking Statements' for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including 'anticipate,' 'await,' 'envision,' 'foresee,' 'aim at,' 'plans,' 'believe,' 'intends,' 'estimates,' 'expects' and 'projects' including without limitation, those relating to the company's future business prospects, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. www.sec.gov.

Source: MortgageBrokers.com, Inc.