Concordis Group Inc (CNGI)

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Concordis Group, Inc. - Increases Sales Pipeline 300% in 2nd Quarter

Wednesday August 4, 2010

DESTIN, FL -- Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, today announced its current sales pipeline has increased 300% in the second quarter of 2010.

Concordis currently has 16 programs any various stages of development. Of these 16 captive cell programs, three are scheduled to be launched in 2010. The remaining 13 programs are in the due diligence and planning stages.

Trent S. Sommerville, Chairman and CEO of Concordis Group, Inc. stated, "Expanding our sales pipeline is a key ingredient to achieving our growth strategy. Moving forward, CNGI will continue to look for opportunities where our alternative risk solutions can provide our clients greater control over their insurance, better risk management and lower their insurance costs."

These captive cell programs cover a wide range of industry sectors, including: food services, healthcare, retail, financial services and associations.

Concordis Capital will play a major role in the company's future as it continues to execute its business plan.