GFG Changes Company Name to egX Group Inc.

    Trading Symbol:  GFG - TSX Venture

    VANCOUVER, April 16 /CNW/ - egX Group Inc. (formerly Global Financial
Group Inc.) reports that the Company has completed the process to change its
name from "Global Financial Group Inc." to "egX Group Inc." The Company will
begin trading under egX Group and its new CUSIP number 26850N-10-5 on
April 17, 2007.
    The name change to egX Group does not affect the capital structure of the
Company and the trading symbol for egX Group will remain the same as before -
    "The Company name change to egX Group will allow us to improve and align
our image with the egX brand. We currently have three active subsidiaries
under the egX brand; egX Management, egX Markets and egX Canada," commented
Leo Chamberland, President and CEO of egX Group. "We look forward to the
launch of our public awareness campaign under the egX brand."

    About egX Group

    egX Group, through its wholly owned subsidiary egX Markets, is developing
the egX, a global securities exchange system designed for the listing and
trading of real estate securities. The Company will launch its first
marketplace in Canada under egX Canada, a wholly owned subsidiary of egX
Group. Following the launch of egX in Canada, egX Group intends to develop its
model internationally, creating a global market for real estate securities.

    On behalf of the Board of Directors

    "Leo Chamberland"

    Leo Chamberland, Director

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein.

For further information:

For further information: visit us at, contact the
Company at (604) 681-7210, or review the most recent Annual Information Form
filed on SEDAR ( We also invite you to read the Company's
business plan made available on the front page of our website.

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