Flexpower Inc. (FLXP)

[imants]

Acquisition by Esprit Financial Group

Canden Financial Group Inc. has been acquired by Esprit Financial Group (EFGO.PK) and signed a memorandum of understanding on December 07 – 2007



Canden CEO Steen Elgaard advised: We are very excited about the opportunity to access the public markets in the US. We see excellent growth opportunities moving forward. We have several multi-million dollar contracts on the cusp of coming to fruition. We expect to issue announcements over the next couple of quarters as we move forward with EFGO.



Elgaard added; we have been very impressed with Garr Winters and his practical, common sense approach to this acquisition.