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FINI Group, Inc. Acquires Software Developer

Friday, June 29, 2007 10:00 AM EDT

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--FINI Group, Inc. (Pink Sheets:FGRP) announced today that it has acquired Traders Development LLC, a developer of financial services software.

Gennady Levtchenko, President of FINI Group, Inc., stated, “The acquisition of the business of Traders Development LLC will permit the Company to complete its transformation into a provider of technology to companies engaged in the Foreign Exchange (FOREX) market. The primary asset of Traders Development LLC is the trading software known as Avalon FX Pro, which is an innovative software platform in use today by foreign exchange trading companies.”

No further terms of the agreement were announced.

The FINI Group focuses on distributing and marketing information and technologies to Prime Brokerages, Futures Commissions Merchants, Introducing Brokers, and active traders. The FINI Group intends to focus on products related to the FOREX, the world’s largest capital market, where on average $1.9 trillion in contracts are traded daily according to The Bank of International Settlements.

For more information please visit the Company’s website, http://www.finigroup.com/.

A number of statements referenced in this Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of FINI Group, Inc. with respect to future events and are subject to certain assumptions, including those described in this Release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.

FINI Group, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release. Any communications received by fax or e-mail concerning FINI Group, Inc. which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company.

Contact:

FINI Group, Inc.
Gennady Lev, 323-428-3244

 
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RISK DISCLOSURE:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.