MortgageBrokers.com Strengthens Executive Management Team with Two Key Appointments



    TORONTO, June 19 /CNW/ - MortgageBrokers.com Holdings Inc. (OTC BB: MBKR
- News) announced today that the company has appointed Mr. Davrinda Persaud as
Corporate Controller and Mr. Allen O'Dell as Vice President of
MortgageBrokers.com Financial Group of Companies, Inc.
    Mr. Persaud joins MortgageBrokers.com from SF Partnership LLP, the firm
that previously served as auditors for MortgageBrokers.com. Mr. O'Dell joins
the company from the Citizen Bank of Canada where he served as the mortgage
manager. Both Mr. Persaud and Mr. O'Dell are seasoned and successful
executives and each have been part of large, dynamic organizations. The
Company is confident that they will bring a new level of business acumen and
enthusiasm to the organization that will further enhance the development and
expansion of Mortgagebrokers.com.
    "Mr. Persaud was a key member of our previous audit team and is
intimately familiar with our company's business model, its core fundamentals
and its burgeoning potential," said Alex Haditaghi, CEO and Founder of
MortgageBrokers.com. "By accepting these positions Mr. Persaud and Mr. O'Dell
have given a clear indication that they share our vision and believe in our
unique business model. We are confident that these accomplished executives
will be a great asset to our team as we continue to expand throughout North
America," added Haditaghi.

    About MortgageBrokers.com

    MortgageBrokers.com is a Technology and mortgage brand specializing in
the consolidation in mortgage brokerage sector. The Company is dedicated to
re-branding the over 40,000 small and medium mortgage broker (SME) firms in
North America while providing these entities scalability through a centralized
shared services platform. MortgageBrokers.com is designed to facilitate
continued ownership for these SME brokers while they work under the umbrella
of one globally recognized brand. The Company provides centralized services in
the areas of payroll and accounting, compliance, marketing, technology, HR and
lead generation to afford its brokers improved access to potential customers
through strategic alliances and partnerships. MortgageBrokers.com also
provides its national team the opportunity to leverage origination with
lending institutions, establish higher referral fees from lenders, and give
its team members the ability to earn ownership in a publicly-traded entity
with the goal of an eventual career exit strategy.
    Further information can be found at www.mortgagebrokers.com

    Cautionary Note Regarding Forward-Looking Statements

    Statements included in this press release, which are not historical in
nature, are intended to be, and are hereby identified as 'Forward-Looking
Statements' for purposes of safe harbor provided by Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be
identified by words including 'anticipate,' 'await,' 'envision,' 'foresee,'
'aim at,' 'plans,' 'believe,' 'intends,' 'estimates,' 'expects' and 'projects'
including without limitation, those relating to the company's future business
prospects, and are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the
Forward-Looking Statements. Readers are directed to the company's filings with
the U.S. Securities and Exchange Commission for additional information and a
presentation of the risks and uncertainties that may affect the company's
business and results of operations. www.sec.gov





For further information:

For further information: Jody Janson, (585) 232-5440

Organization Profile

MORTGAGEBROKERS.COM INC.

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MORTGAGEBROKERS.COM HOLDINGS, INC.

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