Mr. Andrew Abouchar reports

MONTFORT CAPITAL ANNOUNCES NEW CREDIT FACILITY WITH CANADIAN SCHEDULE 1 BANK FOR SUBSIDIARY LANGHAUS FINANCIAL

Montfort Capital Corp.'s subsidiary, Langhaus Financial Partners Inc., has increased its financing capacity by $50-million through the creation of a limited partnership, Langhaus LP IV (LP IV). The new financing is provided through a facility from a large Schedule I bank. Over the last six months, Langhaus has increased capacity by more than $120-million.

"We continue to see increasing support from large financial institutions for our growing insurance lending solutions business," said Cory Bast, chief operating officer of Langhaus Financial. "The creation of Langhaus LP IV will allow us to expand our business while continuing to support Canadian advisers and their clients. The market for whole life insurance backed lending solutions continues to grow as high-net-worth individuals utilize insurance strategies for wealth and estate planning. Langhaus Financial is committed to meeting the evolving needs of our marketplace and the establishment of Langhaus LP IV underscores our dedication to providing innovative financial solutions."

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