Angel Acquisition Corp Signs Joint Venture with Finance Solutions America and Establishes Corporate Finance Division: Angel Finance Group

Wednesyday September 30, 2009

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CARSON CITY, NV, Sept. 29 (CRWE NEWSWIRE) - Angel Acquisition Corp., (OTC Bulletin Board: AGEL - News) is pleased to announce a full-spectrum, 'second tier', mezzanine and alternative financing joint venture agreement with Finance Solutions America (www.finsolamerica.com). Under the terms and conditions of the joint-venture agreement, Finance Solutions America will begin immediately expanding the types of corporate financing solutions the Company is able to offer and deliver.

The Company has made application with the State of Florida to own and operate a new corporate finance division: Angel Finance Group (www.angelfinancegroup.net ). When established, the joint venture agreement provides for the seasoned professional team of Finance Solutions America to be able to operate The Angel Finance Group as its corporate finance division. The company is adding these wide-ranging capabilities to its menu of financing services:

- Startup Business Financing

- Business Acquisition Financing

- Working Capital Financing

- Asset Based Lending

- Accounts Receivable Financing

- Purchase Order Financing

- Business Lines Of Credit

- Employee Health Insurance Plans

Angel Acquisition Corp

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Angel Acquisition Corp (www.angelacquisitions.com) is a diversified asset management company that acquires and/or develops profitable companies. Angel Acquisition Corp either obtains a majority of stock in each company they gain control of or, the company internally develops profitable enterprises. Through the acquisition and development of profitable companies and the expansion of internal divisions, Angel Acquisition Corp has the ability to experience growth through diverse holdings. Companies turning large profits are analyzed and considered for acquisition.

The company currently operates two divisions:

- The Palomar Group: a fully licensed real estate brokerage service

- Angels in Action: the micro-lending division.

From time to time, the Company may issue news releases that contain '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, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be 'forward-looking statements.' 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

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