Wyncrest Group's Subsidiary Southwest Financial Group Signs New Contract With American General Life for Additional $0.5 Million Commitment

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Mon Nov 9, 2009 5:15pm EST

Wyncrest Group's Subsidiary Southwest Financial Group Signs New Contract With
American General Life for Additional $0.5 Million Commitment




CHICAGO, Nov. 9 /PRNewswire-FirstCall/ -- The Wyncrest Group (Pink Sheets:
WNCG), a leader in niche insurance and financial products and services, is
pleased to announce its subsidiary Southwest Financial Group, has recently
signed a new agreement with American General Life Companies. Wyncrest's wholly
owned subsidiary, Southwest Financial Group finalized the commitment in
October 2009, to direct $0.5 million in life insurance premiums to American
General Life over the next twelve months. This is expected to increase sales
revenue for Southwest Financial Group by an additional $700,000.

Wholly owned Southwest Financial Group has been in business for 21 years, has
22,000 clients, and sells through 250 representatives nationwide. During 2008,
approximately $22 million in total insurance policy sales were generated
resulting in $1.1 million of commission revenues. With over 4,000 employees
and offices and service centers across the country, American General is one of
the largest insurance providers in North America.

Chris Zaal, President of Southwest Financial Group commented that, "We are
excited to step up and deliver a firm commitment to American General. This is
reflective of the strong relationship we have built during the previous three
years, and rewards shareholder value for both of our companies."

WNCG plans to continue to grow Southwest Financial Group through discounted
acquisitions of competing agencies and applying its IT advantage with a U.S.
patent pending automated business method for managing the acquired client
books to improve policy renewal retention and up-selling. The company expects
that this strategy will reduce cost of sales by half compared to traditional
origination methods.

About The Wyncrest Group, Inc. (WNCG.PK)

The Wyncrest Group, Inc. is a publicly traded company based in Chicago,
Illinois, which provides insurance products and services through its Southwest
Financial Group subsidiary. WNCG is also in negotiations with several
acquisition targets developed over an ongoing two-year campaign to find
distressed agencies and consolidate contract assets under one lower cost
platform. Royalty income is expected from licensing insurance products
patented under a new category of business methods, a strategy taken only by a
few in a new class of small innovative insurance companies leading the
industry.

    Contact:
    Investor Relations
    +1-630-215-5171
    investor@wyncrestinc.com

    The Wyncrest Group, Inc.
    9654 West 131st Street, Suite 215
    Palos Park, IL 60464
    www.wyncrestgroupinc.com



This Press Release may contain certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. WNCG has
tried, whenever possible, to identify these forward-looking statements using
words such as "anticipates", "believes", "estimates", "expects", "plans",
"intends", "potential" and similar expressions. These statements reflect
WNCG's current beliefs and are based upon information currently available to
it. Accordingly, such forward looking statements involve known and unknown
risks, uncertainties and other factors which could cause WNCG's actual
results, performance or achievements to differ materially from those expressed
in or implied by such statements. WNCG undertakes no obligation to update or
advise in the event of any change, addition or alteration to the information
catered in this Press Release including such forward-looking statements.


SOURCE  The Wyncrest Group

Investor Relations of The Wyncrest Group, +1-630-215-5171,
investor@wyncrestinc.com
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