James Shipley, EMB Corporation CEO, Discusses Mortgage Economics and Loan Processes in WallSt.net Webcast

Huntington Beach, California, UNITED STATES

HUNTINGTON BEACH, Calif., Dec. 18, 2001 (PRIMEZONE) -- EMB Corp. (OTCBB:EMBI), (EMBI.BE Berlin), (EMBI.F Frankfurt) and (EMBI.H Hamburg) today announced that its President and CEO James E. Shipley participated in a webcast with WallSt.net.

During the webcast, Mr. Shipley discussed and outlined details on the following subjects:

 -- How upcoming changes in interest rates will affect EMB
    Corporation's lending business.

 -- One of the Company's primary goals, reaching $100 million per
    month in new loan originations.

 -- General loan procedures, processes, and operations for the
    Company's subsidiaries.

 -- How economic indicators affect mortgage rates and the Company's
    fiscal performance.

All interested parties should visit http://www.WallSt.net to listen to the webcast with up-to-date information on EMB Corporation and the topics expressed above.

For inquiries or to request an investor kit for EMB Corporation please call Justin Keener, Investor Relations Consultant, at (650) 292-1585 or email EMBI@equitybroadcast.com.

About EMB Corp:

EMB is a financial services holding company, which provides a network to mortgage brokers, both retail and wholesale through its wholly owned mortgage companies, currently including American National Mortgage and First Guaranty Financial Corp.

Mortgages originated by EMB's group of companies may be held temporarily for investment, or may be sold to third parties/financial institutions, or may be secured, packaged and sold as mortgage backed securities. For further information about the company, look at its Web site, http://www.embcorp.net or http://www.embcorporation.com.

A number of statements referenced in this release and the interviews are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this actions may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes" or statements indicating certain actions "may," "could" or "might" occur. Such statements reflect the current views of EMB Corp. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the company's filings with the Securities and Exchange Commission. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the "forward-looking" statements contained in this news release.