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Press Release Source: MBSL Group, Inc.
MBSL Group Completes Merger with Technology Consulting and Training Firm, Corporate Consulting Services, Inc.
Thursday October 28, 9:24 am ET

TAMPA, Fla.--(BUSINESS WIRE)--Oct. 28, 2004--The financial and IT professional consulting firm Corporate Consulting Services, Inc. ("CCS") has completed its merger with MBSL Group, Inc. (National Quotation Bureau trading symbol: MBGR.PK).

MBSL Group, a publicly traded holding company based in Tampa, Fla., was established to acquire or strategically partner with firms that specialize in providing technology support to the financial and transaction processing industries. San Francisco-based CCS provides professional technology, training and consulting services to companies serving the financial and internet/software industries.

"We're excited about CCS and what this merger means to our organization," said Frank McPartland, chairman of MBSL Group. "CCS brings a proven track record of working with high-profile clients and advising them on the best use of people and technology to improve efficiencies, raise performance and lower costs. This will be a key component of our offerings as we move forward strategically."

CCS President Kimberly O'Donnell commented: "Becoming a part of the MBSL Group provides CCS with a capital structure that will allow us to grow rapidly. In addition, MBSL's management team brings to CCS existing relationships that we expect to capitalize on in the form of new business."

As reported Oct. 18, MBSL Group signed a letter of intent to merge with Walnut Ventures, a San Francisco-based firm that owns a number of revenue producing Internet search properties that operate in the same space as firms like Google (GOOG), Mamma.com (MAMA), InfoSpace (INSP) and AskJeeves (ASKJ). Walnut has long-standing partnerships with the top PPC search results providers, and its unique meta-search technology provides users with "one-stop shopping" for the best Internet search results.

Walnut also announced this week that it has hired Robert Hoult, the former director of business development with Overture (now a wholly owned subsidiary of Yahoo), to head its Business Development and Acquisition efforts.

More information about MBSL Group can be obtained by contacting the company at 813-636-8020 or its website at: www.mbslgroup.com MBSL Group's stock is listed on the National Quotation Bureau.

Additional information about CCS is available at its website, www.ccs4resources.com.

Except for historical information, matters discussed above are forward-looking statements within the meaning of safe-harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from projected results. Those factors include, but are not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, services and related products, prices or other areas.

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Contact:

	MBSL Group, Inc.
	Frank McPartland, 813-636-8020
	or
	Kimberly O'Donnell, 415-585-6006
	or
	Keller Crescent Co.
	Terry McWilliams, 812-426-7720

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Source: MBSL Group, Inc.