Southcorp Capital Inc (STHC)

[uranium-pinto-beans]

NEws

Podium Venture Group, Inc. Comments on the Opening Ten Days of Corduroy Surf
Company's First Retail Location in Portland, Maine

PORTLAND, ME, Jun 18, 2007 (MARKET WIRE via COMTEX) -- Podium Venture Group, Inc.
(PINKSHEETS: PDVP), an apparel, media, and publishing holding company in the
lifestyle sports industry, announced today Corduroy Surf Company's first retail
location in Portland, Maine has had an opening 10 days that has surpassed initial
projections and promises a bright future for the surf lifestyle boutique and
gallery.

"Well after months of hard work, some missed surf sessions, and sticking to our
guns when it came to the concept of this shop -- scheduled to be the first
storefront location with others already being assessed -- Corduroy in Portland,
Maine has proven to be well worth the effort put forth by many. Although a very
preliminary assessment, the opening 10 days have put us 10-15% over our initial
projections for the Portland, Maine shop. Our milestone for the Portland location
of $300-500k in annual first-year gross sales appears well within reach which
only fuels our ambition to nurture this shop while simultaneously developing the
global website and the expansion of more retail locations is key urban areas. We
are not pumping our chests too hard -- we know we have a lot of work ahead of us
but it's nice to get out of the gate with some momentum." - Jim McGinley,
President & CEO, Podium Venture Group, Inc.