Wall $t Banker$$

[micasey123]

BCIT is crashing dwn
http://www.amtdrt.inlumen.com/bin/story?StoryId=CqOluWbKbmtmYyJaZnti

CORRECTING and REPLACING Bancorp International Acquires Assisted Living Centers of Carter Care Inc.
Business Wire - May 12, 2005 12:27

NEW YORK, May 12, 2005 (BUSINESS WIRE) -- Please replace the release dated May 2, 2005 with the following corrected version due to multiple revisions.

The corrected release reads:

BANCORP INTERNATIONAL GROUP, INC. CORRECTS AND REPLACES PREVIOUS PRESS RELEASE

Bancorp International Group Inc. (PINK SHEETS:BCIT) ("Bancorp") is issuing this press release in order to provide corrections of information contained in a previously issued press release. The information contained in the previously issued press release should not be relied upon.

Acquisition of Carter Care Center, Inc.

Carter Care Center, Inc. ("Carter") entered into an agreement with Bancorp. Carter's investor relations firm purchased Bancorp and announced in a press release on May 2, 2005, the acquisition of Carter through a reverse merger transaction after significant due diligence contract was cancelled.

Carter has not transferred any of its assets or liabilities into Bancorp and has not affiliated with Bancorp International Group, Inc, a Nevada Corporation. Bancorp has released Carter from any obligations regarding this matter.

BCIT has been actively pursuing to be in full compliance with the SEC filings. They are actively meeting with other entities for acquisition purposes and will update you as those proceed.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based largely on Bancorp International Group Inc. expectations or forecasts of future events, can be affected by inaccurate assumptions and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the Company's control. Therefore, actual results could be differing materially from the forward-looking statements contained herein. A wide variety of factors could cause or contribute to such differences and could adversely impact revenues, margins, profitability, cash flows and capital needs.

SOURCE: Bancorp International Group Inc.

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Randy Sawyer, 760-622-0148
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