Flexpower Inc. (FLXP)

[PayDirt!]

LAS VEGAS, NV, June 13, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

Esprit Financial Group Inc. (ESPRIT) (EFGO.PK), www.espritfinancialgroup.com, received a Request for Proposal (RFP) today for an online payroll system for government employees in Jiangxi Province.

The Esprit senior management team had a very satisfactory meeting today with local government officials, who wish to develop and deploy an online payroll system wherein government employees could be paid via Internet or at ATM style kiosks throughout the Province. With a population of roughly 65 million people living in Jiangxi Province, this is a very significant undertaking for both Esprit as well as the local government.

With a proposed project budget estimated to run approximately USD $40 million, Esprit will be looking for additional strategic private sector partners to fund development costs and assist with the deployment.

The Government officials have requested that the project go forward as a privately funded initiative, and that the private sector partners will subsequently participate on a revenue sharing basis from all transaction fees generated by the system.

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