Concordis Group Inc (CNGI)

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Concordis Group, Inc. Develops Pipeline of Five Captive Insurance Cells

Wednesday March 31, 2010

Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, announced today that it has recently developed a pipeline of five potential captive insurance cells in a wide range of industries and states. Concordis Group anticipates that a majority of these captive insurance cells will be created and launched by December 2010.

Trent Sommerville, CEO of Concordis Group, Inc. stated that, "The business community's growing understanding of long-term strategic merit of operating a captive insurance cell appears to have become more widely understood and embraced by middle market companies, affiliated groups, and associations."

Edward Valaitis, COO of Concordis Group, Inc. stated that, "Our unique value proposition, depth of expertise, and willingness to be an equity partner with our clients has created an attractive value proposition for those seeking greater control of their insurance, better risk management, and potential cost savings."

Concordis Group, Inc. will provide additional updates and detail as the developing captive insurance cells approach completion.