UC Hub Group Inc. Logo

UC Hub Signs Letter of Intent to Acquire Financial Transaction Software Engine and Classified Site, With Combined Revenue of More Than $600,000

| Source: UC Hub Group Inc.

LOS ANGELES, Feb. 25, 2008 (PRIME NEWSWIRE) -- UC Hub Group, Inc. (OTCBB:UCHB), a digital financial services provider, announced today that it has signed a Letter of Intent to acquire a bundle of financial transaction applications, that currently generates in excess of $600,000 annually.

UC Hub Group CEO Larry Wilcox, stated, "This software will complement the international strategic direction of our companies, increasing the value to our existing customer base, notwithstanding the importance it brings in producing immediate revenue." The applications come with an existing customer base, currently producing over $50,000 a month in revenue.

The applications include an Online Payment Gateway, allowing users to send and receive money to and from anyone with an e-mail address. This facet of the technology is similar to PayPal, in that users can send and receive funds from within the system, or via their bank account or credit card.

The technology also includes a Classified Site (similar to craigslist.org), complementing the Payment Gateway, as users can post, sell, and purchase items via the Classified Site, while utilizing the Payment Gateway to process the funds from the transactions. As part of the purchase, UC Hub will also inherit more than 500,000 customers.

About UC Hub Group, Inc.

UC Hub Group, Inc. operates as a software development and distribution company in the United States. It provides municipal government software, OurTown2, which interfaces customer or citizen with municipal government management software. The company offers various software services, including VoIP, Wi-Fi, payroll, and electronic payments. UC Hub Group was founded in 1999 and is based in Las Vegas, Nevada.

For more information, please visit http://www.uchub.net

Forward-Looking Statements

Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.

UC Hub Group, Inc.
Larry Wilcox
(800) 278 8870