WNCG Wyncrest Group Inc New (CE)

PALOS PARK, Ill., July 20 /PRNewswire-FirstCall/ -- Wyncrest Group, Inc. (Pink Sheets: WNCG), a growing financial services organization, has added a new expanded direction to its Property and Casualty Company, Atlantis Financial Group, Inc. Wyncrest Group has aggressively entered this market in 2010 and continues to execute its strategic plan by expanding Atlantis Financial Group, Inc. to now address Commercial Markets. Wyncrest Group believes it will be able to continue to create sales and marketing synergies between its portfolio of subsidiary companies.

Executive Director of Atlantis Financial Group, Inc., Barry Lambert, will add key personnel in this area immediately. The initial hire will bring almost 40 years of industry experience and an in depth understanding of the business. This individual has decades of success behind him in providing P & C coverage for a variety of industries and businesses. Additional personnel will be added as needed to maintain an aggressive growth posture in this new area.

Southwest Financial Group, based in McKinney, Texas is a trusted provider of insurance and financial products with more than 22,000 clients and 285 representatives nationwide. The company has been in business for more than 16 years and provides a wide range of offerings including life insurance, retirement and estate planning, long-term care, employee group benefits, 403B retirement benefits, debt reduction, alternative investments, and mortgage purchasing & refinancing.

Mr. William McFarland, Chairman of Wyncrest Group, commented: "Our property and casualty company has been a great addition to our portfolio as we can address these needs for many, if not all, of our current clients as well as new clients in the other subsidiary companies. The going forward addition of Commercial lines within Atlantis Financial Group, Inc. will provide a very positive impact for us. Also, the addition of powerful and experienced professionals will only accelerate our growth in revenue and net profit. The Atlantis team shares our commitment to providing the highest quality service to customers that will enable both near and long term growth for the Wyncrest organization."

About Wyncrest Group, Inc. (WNCG.PK)

Wyncrest Group, Inc. is a growing financial services organization. Wholly owned subsidiary Southwest Financial Group has been delivering trusted insurance products and financial services since 1994, serving more than 22,000 clients throughout the United States. By developing the growth potential within its existing businesses and acquiring companies with market share in lucrative financial segments Wyncrest Group is committed to increasing value for shareholders.

Forward Looking Statements - Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Wyncrest Group, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Wyncrest Group, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

SOURCE Wyncrest Group, Inc.