EMB Corporation (EMBI)

[Scrooge McDuck]

NEWS....NEWS

EMB Corporation Announces Record Production and Revenues for Subsidiary First Guaranty Financial
via COMTEX

February 26, 2002

HUNTINGTON BEACH, Calif., Feb. 26, 2002 (PRIMEZONE via COMTEX) --

James E. Shipley, President of EMB Corporation (OTCBB:EMBI) (Berlin:EMBI. BE), (Frankfurt:EMBI.F) and (Hamburg:EMBI.H) today announced that its wholly owned subsidiary, First Guaranty Financial Corporation, had a record month for January 2002 that exceeded projections in originations, fundings, revenues and profits. First Guaranty Financial Corporation, http://www.fgflend.com, 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.

Rod Thompson, President of First Guaranty stated, 'After a record year in all sectors of our mortgage business, we are pleased to report that total fundings for January 2002 of $48 million were 82.5% greater than January of 2001. We have also renewed our primary warehousing credit facility of $50 million, which enables us to comfortably close up to $75 - $80 million of residential mortgages per month. Our goals for 2002 are $650 million in closed loans, and to continue to expand our net profit to gross revenue ratio over last year's strong profits.'

James Shipley, President of EMB added, '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.'

The Company also announced that it has released an updated version of its Website with many new features at http://www.embcorp.net and http://www.embcorporation.com. Mr. Shipley noted, 'I would encourage everyone that is interested in EMB Corporation to visit our new website. We have a great new look with several new features. It is interesting to note that we have had in excess of 133,000 visitors to our site since August 19, 2001, for an average of approximately 25,000 per month.'

EMB Corporation recently reported earnings of $0.02 per share for Fiscal 2001, in addition to a $2,000,000 equity financing agreement with Paramount Financial Group.

To request an investor kit for EMB Corporation, please call Justin Keener at [phone], or email [e-mail].