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2nd Quarter Financial Statements

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Releases 2nd Quarter Financial Statements

LAS VEGAS, NV, Aug. 14 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com is pleased to announce that it has released its second quarter financial results. Revenues for the period increased to over $300,000, while operating profit increased significantly to $110,827.00 versus $2,753 the previous period.

Total net profit surpassed the $250,000 mark.

The financial statements can be viewed on the Pink Sheets at http://www.pinksheets.com/pink/quote/quote.jsp?symbol=efgo#getFilings

Additional management discussion is available at the Company's on-line Town Hall forum, and can be viewed at http://cashnow.com/espritfinancialgroup/

About Esprit Financial Group Inc.

Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include: the Payday Loan Software division; Forex Trading; Advanced Electronic Funds Management; and Online Structured Debt Resolution.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.

SOURCE Esprit Financial Group

Source: PR Newswire (August 14, 2007 - 10:59 AM EST)

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