Concordis Group, Inc. Outlines Value of Alternative Risk Management

DESTIN, Fla., Nov. 16  /PRNewswire-FirstCall/ -- Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, outlined today the value businesses, organizations and affinity groups can achieve with Alternative Risk Management.

With the persistent economic stresses of 2009, most every business is looking for ways to lower expenses. Alternative Risk Management solutions provided by Concordis Insurance SPC will allow businesses to better manage and finance their corporate risk.

"By inviting clients to participate in our alternative risk financing programs, Concordis will provide its clients with the benefits of risk participation without the costs, time, administration and infrastructure requirements usually associated with traditional methods," said Trent Sommerville, CEO and Chairman of Concordis Group, Inc. "These benefits can save our clients tens of thousands of dollars per year."

Mr. Sommerville continued, "Considering the significant challenges posed by the current climate, we are encouraged by our recent acquisition of Concordis Insurance SPC and strategic partnership with Insurance Office of America. We remain focused on exploring avenues for continued progress and synergistic growth."

About Concordis Group, Inc.

Concordis Group, Inc. is a diversified holding company that provides investment brokerage services and business insurance products for its clients. The company provides these products and services through its two wholly owned subsidiaries: Concordis Insurance SPC and Puritan Securities, Inc.

The company's acquisition strategy focuses on finding companies that will create additional synergy and have positive cash-flow, strong growth potential and highly qualified management teams. These industry sectors include financial services and insurance. 

DATASOURCE: Concordis Group, Inc.



CONTACT:  Trent S. Sommerville, Chief Executive Officer, Concordis Group,

Inc., [phone]

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