WorldVest Announces Brazilian Strategic Financial Partnership

LOS ANGELES, CA--(Marketwire - August 12, 2009) - WorldVest, Inc. WOVT, a global merchant bank, announced today that it has accepted a Letter of Intent ("LOI") to form a Strategic Financial Partnership (the "Partnership") with a 26-year-old Brazilian retail company (the "Retailer"). Though this Partnership, WorldVest's subsidiary bank, Banco WorldVest International ("Banco"), will assume the Retailers existing consumer finance business, which historically has been outsourced to Global Fortune 500 financial institutions. Based on current performance of the Retailer's consumer finance division, this transaction is expected to immediately bring significant consolidated revenue and earnings to WorldVest.

The Retailer is a 26-year-old company that operates more than 125 retail stores throughout Southern Brazil with over 1,800 employees. Much like major retailers in the U.S. (i.e. Sears), the Retailer allows its customers to make purchases by entering into installment contracts at a fixed value based on the price of the purchase plus interest for a specified term. Historically, the Retailer has then sold these contracts to third party financial institutions in order to maintain liquidity and continue financing future sales.

In 2008, the Retailer generated approximately US$220 million in sales revenue up from US$170 million in 2007 and anticipates continued revenue growth to US$500 million by 2012. As is common in the Brazilian market, approximately 65% of the Retailer's total sales are made through consumer installment contracts with 2-18 month terms, carrying interest rates of up to 4% per month. Due to limited capital resources, the Retailer has only been able to carry 15% of their consumer installment contracts internally and has had to sell the remaining 85% to numerous Fortune 500 global financial institutions. WorldVest estimates that these consumer finance contracts generated approximately US$50 million in gross profit in 2008 for these various institutions.

WorldVest has agreed to deploy up to US$150 million annually through its Banco WorldVest International subsidiary beginning on October 1, 2009 in order to finance 100% of the consumer installment contracts generated within the Retailer's stores. Based on these terms, the Retailer's historical consumer finance figures and its projected revenue growth, WorldVest anticipates generating revenue of approximately US$52 million in 2010 with project gross profit of US$26 million and a projected annual growth rate of 20% per annum thereafter.

WorldVest CEO Garrett K. Krause described the LOI saying, "This strategic financial partnership marks a seminal event in the short history of WorldVest and reflects the fruit of more than 18 months worth of effort by our entire team. We are extremely pleased to have such a strong Brazilian organization as our first partner to be financed by our new Banco WorldVest International subsidiary and believe that this partnership represents a truly outsized opportunity, immediately positioning WorldVest to reach significant profitability and create increased value for our shareholders."

Brazil's resiliency in the face of the global financial crisis has enhanced its profile as an attractive marketplace for global business. Proving to the world that it can govern itself and maintain economic growth in these difficult times, the central government immediately countered the global downturn with reduced income taxes and levies on key consumer goods, with the result being increased sales by domestic manufacturers and a circumvention of what could have easily been massive layoffs. A comfortable US$212 billion cushion of foreign reserves and a decade of budget surpluses have allowed the central bank to slash interest rates to a record low of 8.75% from 13.75% in the seven months of 2009 while pouring liquidity into the market to keep credit flowing. Consequently, the Brazilian economy may grow slightly this year and is expected to rebound with as much as 4.5% growth in 2010.

About WorldVest:

WorldVest is a global merchant bank that offers not only traditional investment banking, asset management and advisory services, but also makes direct investments as a principal in select high-growth transactions on a global basis. Recognizing the disconnect that exists between the needs of companies and the limitations of traditional investment banking, private equity, and venture capital institutions, WorldVest seeks to set a new standard, emerging as a partner and solution provider where one did not previously exist. WorldVest is a majority controlled subsidiary of WorldVest Equity, Inc. WVVEF.

Forward-Looking Statements:

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.