EMB Corporation (EMBI)

[Scrooge McDuck]

Today's news in email form.......
EMB Corporation (OTC-BB: EMBI)
announced that it completed the acquisition of First Guaranty Financial
Corp


What is EMB Corporation?
EMB Corporation (OTCBB: EMBI) is a financial services holding company,
which
provides a network to mortgage brokers, both retail and wholesale
through its
wholly owned mortgage companies, currently including American National
Mortgage, and First Guaranty Financial Corp. Mortgages originated by its
group of companies may be held temporarily for investment, or may be
sold to
third parties/financial institutions, or may be secured, packaged, and
sold
as mortgage backed securities. The Company will be expanded through the
acquisition of specific business-related companies that are well
established
in the industry to better serve its client base. Current acquisitions
are
American National Mortgage and First Guaranty Financial Corporation.
American
National Mortgage is a multi-state mortgage lender that specializes in
Home
Loan Programs from FHA to jumbo conventional up to $1 million. First
Guaranty
Financial Corporation is a wholesale and mortgage banker and broker
doing
business in fourteen states, at present time. The Company also intends
to
make capital investments in other financial holding companies that will
provide additional ancillary services to EMB. Through these wholly owned
subsidiaries, the Company will engage in business activities serving the
residential mortgage lending industry, real estate industry, etc.
Consumers
are served on a retail basis, while mortgage brokers are served on a
wholesale basis. In addition, because each Company's acquisition will
be
synergistic with the other, they will contribute to the Company's
overall
goal to maintain the Company's position as a key player, if not one of
the
leaders in the financial services business for the 21st Century. The
Company
also intends to look at mergers and acquisitions in other areas of
business
that might enhance shareholder's equity, such as the healthcare and
technology fields.

Financial Information
The Company's proforma for total mortgage fundings for fiscal 2002 is
approximately US$50 million a month or $600 million for the year. The
Company
envisions that 82% of its revenues will emanate from the wholesale
business
and that its retail mortgage lending business will generate the
remaining
18%. The Company is projecting revenues of approximately $8,000,000 from
mortgage banking and brokerage alone. They can project a net profit on
$600
million of new business with $8 million of revenues to be approximately
$800,000 or approximately $0.04 cents per share earnings based on
approximately 20,000,000 shares issued and outstanding and fully diluted
at
that time. This does not include any projections from other companies
that we
may acquire during the year. They anticipate that in the first three
years of
operation the Company will focus in acquisitions and in opening new
markets,
with expansion and consolidation of all of its operations during the
subsequent years.

EMB Corporation Stock Information
Symbol: EMBI
Exchange: OTC:BB
Shares Outstanding: 16,000,000
Float (Estimated): 3,600,000
52 Week Range: $0.02 - $0.44


For more information, read on or visit:
www.embcorp.net


Recent Developments
EMB Corporation's Subsidiary First Guaranty Financial Corporation
Exceeds
2001 Projections
HUNTINGTON BEACH, Calif., Dec. 5, 2001 (PRIMEZONE via COMTEX) -- James
E.
Shipley, President of EMB Corporation (OTCBB:EMBI) announced today that
its
wholly owned subsidiary, First Guaranty Financial Corporation, is having
a
record year for 2001 and has exceeded projections in originations,
fundings,
revenues and profits. First Guaranty Financial Corporation,
(http://www.mailstimulator.com/ies/link.php?id=748), headquartered in
Santa Ana, California, is a
multi-state wholesale mortgage lender that has a winning strategy in the
vastly competitive field of mortgage banking.
Mr. Rod Thompson, President of First Guaranty said, "Total fundings for
calendar year 2001 will exceed $540 million representing more than a
224%
increase over calendar year 2000." Mr. Thompson went on to say, "More
importantly the company will exhibit strong net earnings for the fiscal
year
ended September 30, 2001, based on gross revenues in excess of
approximately
$9 million instead of our projected $8 million for the period. We have
added
some new key personnel and expect demand for our mortgage products to
remain
robust throughout 2002."

James Shipley, President of EMB said, "We are very proud of the
excellent job
Mr. Thompson and all those associated with First Guaranty have done, and
continue to do." Mr. Shipley went on to say, "Technology for valuation
of
property, underwriting automation, and the entry of foreign capital into
the
U.S. markets will continue to provide an environment where well managed
mortgage lenders can thrive. EMB's formula for success is in place, and
our
strategy is to continue to assist FGFC with national growth,
advertising, and
increased technology through additional acquisitions, and/or mergers,
that
are presently in negotiations or under review."
EMB Corporation Releases October Results for First Guaranty Financial
Corporation
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Nov. 8, 2001--James E.
Shipley,
President of EMB Corp. (OTC BB:EMBI) today announced that its wholly
owned
subsidiary, First Guaranty Financial Corp., had a record month for
October,
and is having a record year in originations, fundings, and profits.
First Guaranty Financial Corp.,
(http://www.mailstimulator.com/ies/link.php?id=748), with headquarters
in Santa Ana, Calif., is a multi-state wholesale mortgage lender that
has a
winning strategy in the vastly competitive field of mortgage banking.

Rod Thompson, President of First Guaranty said: "Total residential
mortgage
fundings for the month of October exceeded $50 million for the 4th month
this
year. This represents a 242% increase over October 2000 with a dramatic
increase in profits for the same period. Record funding numbers and
volume do
not always equate to profits. However, First Guaranty is extremely
focused
and maintains a tight reign on costs of production and personnel which
does
equate to profits."
Thompson went on to say: "I recently attended the National Mortgage
Banking
Conference in Toronto, where most lenders were extremely bullish for
2002
despite the September tragedies and national corporate layoffs. Housing
values are strong, rates are at an all time low, and leverage is
tremendous.
"I believe that there has never been a better time to buy a home, or a
second
home, or an investment property. Whether a borrower is buying their 1st
home
with FHA financing, a move up home with 100% financing to $685,000, or
an
ultimate luxury home for 3 or 4 million dollars, FGFC offers ultra
competitive rates and service."
Shipley said: "We are very proud of the excellent job Mr. Thompson and
all
those associated with First Guaranty have done, and continue to do."
Shipley
went on to say: "Technology for valuation of property, underwriting
automation, and the entry of foreign capital into the U.S. markets will
continue to provide an environment where well managed mortgage lenders
can
thrive.

"EMB's formula for success is in place, and our strategy is to continue
to
assist FGFC with national growth, advertising, and increased technology
through additional acquisitions, and or mergers, that are presently in
negotiations or under review."
EMB Corporation Purchases First Guaranty Financial Corporation
HUNTINGTON BEACH, Calif., Oct 9, 2001 (BUSINESS WIRE) -- James E.
Shipley,
president of EMB Corp. (OTCBB:EMBI) today announced that it completed
the
acquisition of First Guaranty Financial Corp.

First Guaranty Financial, is a leading midsize mortgage
banking/brokerage
company originating loans through both wholesale and retail production
efforts, while doing business in 14 states, is well managed and
profitable.

Rod Thompson, president of First Guaranty said, "The company is well
suited
to perform satisfactorily in any mortgage climate as their production is
comprised of both entry level FHA borrowers as well as luxury home
buyers
with individual loans to $4 million."He further stated, "As of September
30,
2001, First Guaranty funded approximately $490 million in new mortgage
loans
for fiscal 2001, an increase of approximately 205% over fiscal 2000. Our
net
profit before taxes for fiscal 2001 is approximately $400,000 based on
gross
revenues of approximately $8 million for the period.

"Current record low interest rates based on the Federal Reserve cuts
should
fuel the mortgage loan business in general with even higher fundings,
higher
revenues, and higher profits for fiscal 2002. Our projections for fiscal
2002
starting October 1, 2001 is to fund approximately $600 to $650 million
with
solid progressive growth. We are looking forward to joining the new EMB
management team."Shipley said: "FGFC is a specialist in government-type
loans
and is Fannie Mae and HUD approved Service Provider, with direct
underwriting
capabilities. Rod Thompson, president of First Guaranty, will be elected
to
the board of directors of the EMB Corporation at its next scheduled
meeting.
"Shipley went on to say: "Current management of EMB is aggressively
pursuing
an acquisition plan that fits our new corporate direction, which is
becoming
a financial services holding company utilizing the latest in technology.
The
acquisition of First Guaranty fits our growth strategy and met our
criteria
as a business operating profitably with experienced management, and will
be a
great addition to the EMB companies."
The above news release's contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1934, including the
statements concerning expected results for the balance of the year and
expected store maturities. The statements are based on assumptions about
the
future, which are subject to risks and uncertainties, such as
competitive
conditions in retail, changes in consumer confidence, and normal
business
uncertainty. Actual results could differ materially.

Mission Statement
The Company's mission is to provide a network of financial services,
which
provide practical, yet innovative new scientific technology that
improves and
expedites the real estate mortgage lending process for mortgage/real
estate
brokers, credit unions, small banks, and individual users. It is also
the
company's intention to provide financing and/or purchase other business
that
are or can be profitable that may not be related to the mortgage or real
estate business, but will enhance shareholder equity.

Business Activities
The business activities of the Company will incorporate new scientific
technology to provide a service network to mortgage retail lenders and
ultimately to mortgage brokers throughout the country. Mortgages
originated
by the Company may be held temporarily for investment, or may be sold to
third parties/financial institutions, or may be secured and sold as
mortgage-backed securities. In addition to solidifying its residential
mortgage banking service business, the Company will, in an orderly and
organized fashion, launch several divisions including a REIT for both
residential and commercial properties, wholesale and retail mortgage
lending
services along with title insurance and escrow services, as well as
other
ancillary financial services. The Company's proprietary ASP will allow
its
clients to provide services seven days a week so that mortgage brokers
and
retail mortgage lenders always have on-line access to current interest
rates
and fees, all of which may be downloaded at any time to any computer
utilized
by the client. Similarly the status of loans being processed or
underwritten
would be able to be determined at any time from the client's terminals
that
originate the application. The borrower, or his/her agent, at any remote
site
will be able to utilize the Company's financial services network to
connect
with escrow, title insurance companies, credit correction and reporting
agencies, and other ancillary services that may become available.

Marketing and Sales Activities
Through its well-organized plan for marketing and sales activities the
Company has the opportunity to become a key player in the mortgage real
estate lending industry. Specific sales and marketing activity include:
Solidifying the Company's mortgage business through geographic market
expansions. Initial focus includes growing and expanding targeted
markets
(mortgage brokers, real estate brokers and credit unions) in already
established geographic areas of the state of California and subsequently
the
nation. To solidify newly initiated commercial mortgage business. To
subsequently begin operations on the Company's title insurance business
for
closings related to mortgage products. To acquire additional
mortgage-related companies that will improve and enhance the Company's
revenues over the long range. To also acquire additional ancillary
financial
services companies that can improve and enhance the Company's revenues.
To
invest in other financial services companies that will enhance the
shareholder equity of the company.

Management
James E. Shipley, President and CEO Due to his 30+ years of experience
and
knowledge of the real estate industry and in both retail and wholesale
mortgage lending businesses, the Company will be unique in its ability
to
recognize the many advantages that innovative technology can provide to
the
industry. He also has the ability to make tough decisions, with
excellent
communication and people's skills, and can successfully negotiate and
acquire
other companies that could enhance shareholder's equity.
Rod Thompson, President of First Guaranty Financial Corporation
William R. Parker, CEO and President of Saddleback Investments Services,
Inc.
d.b.a. American National Mortgage
Anthony John A. Bryan Jr., Senior Managing Director of Investment
Banking at
Global Transitions, LLC
John B. LaRue, Senior Managing Director of The Watley Group, LLC

Investment Opportunity
EMBI is an incredibly undervalued stock. Don't miss this one!

For more information visit:
www.embcorp.net