Envit Capital Group, Inc. Reports Stock Repurchases; Bought Back 397,888 Shares From...

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Mon Apr 20, 2009 4:01pm EDT

Envit Capital Group, Inc. Reports Stock Repurchases; Bought Back 397,888 Shares
From 08/26/08 Through 04/10/09

BOSTON, April 20, 2009 (GLOBE NEWSWIRE) -- Envit Capital Group, Inc. (Pink
Sheets:ECGP), a holding company for financial entities, today announced that it
has bought 397,888 shares of its common stock in open market transactions, since
the inception of its stock repurchase plan announced October 2, 2008.

Total consideration for the purchases was $98,559. The share repurchase plan
announced on October 2, 2002 authorized the repurchase from time to time of up
to a cumulative maximum of $1,000,000 of the shares of outstanding common stock.
As per the announcement on October 2, 2008 the Board of Directors reserves the
right to purchase additional shares totaling $901,441 worth of the Company's
publicly traded stock (ECGP.PK) in open marker transactions.

The Company also extends to shareholders the continued pursuit to list the
company on the OTCBB as soon as possible.

ABOUT

The Envit Capital Group, Inc. (Envit Capital) is a development stage boutique
investment banking, securities and investment management firm that will provide
a range of services to a client base that will include business, institutions,
and high-net-worth individuals. Its objective is to be active in all three of
the following segments: Investment Banking, Trading and Principal Investments,
and Asset Management and Securities Services.

The Envit Capital Group, Inc. is headquartered in Boston, Massachusetts at 60
State Street; 7th Floor Boston, MA 02110 617-542-3333.

Forward-looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: This press release contains or may contain forward-looking statements such
as statements regarding the Company's growth and profitability, growth strategy,
liquidity and access to public markets, operating expense reduction, and trends
in the industry in which the Company operates. The forward-looking statements
contained in this press release are also subject to other risks and
uncertainties. The Company assumes no obligation to update these forward-looking
statements to reflect actual results, changes in risks, uncertainties or
assumptions underlying or affecting such statements, or for prospective events
that may have a retroactive effect.

-0-
CONTACT:  The Envit Capital Group, Inc.
          Edward Laborio
          617-542-3333
          admin@envitcapital.com
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