MoneyLogix Announces Acquisition of 100 Acre Development Property Adjacent to Toronto Commuter Link

CONCORD, ONTARIO, May 27 (MARKET WIRE) --
MoneyLogix Group, Inc. (OTCBB: MLXG) today announced that it has acquired
a development property totalling approximately 100 acres in Barrie,
Ontario adjacent to the GO Train Station which provides daily commuter
transit service to downtown Toronto. MoneyLogix is acquiring the property
for the assumption of approximately C$9 million in debt and 8.775 million
restricted common shares at C$2.00 per share for a total purchase price
of C$26.3 million.

MoneyLogix purchased the property after extensive review and
investigation of the property's future development potential. Barrie has
adopted the planning department's recommendations regarding the density
(number of units per hectare) and intensification (increasing density)
throughout the City, which will become part of the municipality's
Official Plan expected to be adopted on June 16, 2009. This property is
included in that densification, potentially raising the approved number
of dwelling units from 250 currently approved to approximately 2,600
units.

According to Tom Copeland, EVP Investments, "This newly acquired project
not only provides Moneylogix' portfolio with an excellent foundation but
also establishes our strategic position in the Greater Toronto Area, a
key real estate hub in Canada."

This property is located at the corner of Mapleview Drive and Yonge
Street adjacent to the GO Train Station in Barrie which provides daily
commuter transit service directly to downtown Toronto, and immediately
adjacent to a residential development that is expected to be fully
completed and occupied in 2010. The property is the last remaining
section in the vicinity both designated for residential development and
intensification.

With the potential for increased densification and the proximity to the
GO Train, MoneyLogix' management believes the Mapleview property
demonstrates the Company's strategy of opportunistically investing in
properties with the potential for significant capital appreciation.

Mike Knarr, President & CEO of MoneyLogix said "We are very excited about
this acquisition in one of the fastest growing cities in Canada with
direct access to downtown Toronto. This acquisition also demonstrates our
ability to execute our business plan and acquire quality projects at
competitive prices and good structures as part of our strategy to
becoming the leading real estate investment company in Canada. We will
continue looking for other value enhancing acquisition opportunities in
Canada."

About MoneyLogix Group, Inc.:

MoneyLogix Group Inc., based in Ontario, Canada, is an early stage
capital investment company focussed on opportunistic acquisitions in the
real estate market. MoneyLogix invests in underperforming real estate
properties in Canada including land development, office, retail, and
multi-family. With a solid platform of transactional, financial and
operating expertise, our management team intends to deliver strong
investment returns on these properties through active management, capital
expenditure and financing initiatives. It is a publicly traded company
and quoted on the Nasdaq OTC Bulletin Board (Symbol: MLXG). For more
information, visit www.moneylogixgroup.com.

Safe Harbor and Caution Regarding Forward Looking Statements

Statements included in this press release, which are not historical in
nature, are intended to be, and are hereby identified as 'Forward-Looking
Statements' for purposes of safe harbor provided by Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-Looking Statements
may be identified by words including 'anticipate,' 'await,' 'envision,'
'foresee,' 'aim at,' 'plans,' 'believe,' 'intends,' 'estimates,'
'expects' and 'projects' including without limitation, those relating to
the company's future business prospects, and are subject to certain risks
and uncertainties that could cause actual results to differ materially
from those indicated in the Forward-Looking Statements. Please be aware
that any opinions, estimates or forecasts regarding MoneyLogix Group,
Inc.'s performance made by analysts are not endorsed by MoneyLogix Group
Inc. and do not represent the opinions, estimates or forecasts of
MoneyLogix Group, Inc. or its management. Readers are directed to the
company's filings with the U.S. Securities and Exchange Commission for
additional information and a presentation of the risks and uncertainties
that may affect the company's business and results of operations.
www.sec.gov.

Contacts:
MoneyLogix Group, Inc.
Adam Seanor
(416) 258-5146
info@moneylogixgroup.com
www.moneylogixgroup.com

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