Haz Holdings Announces That Its Subsidiary, Mortgage and Financial Institute, Intends to Enter into Share Exchange Agreement

  
    
  
  
    
      Haz Holdings, Inc. (OTC: HAZH) (“Haz Holdings” 
      or the “Company”), 
      announced today that one of its subsidiaries, Mortgage and Financial 
      Institute, LLC (“MFI”) 
      (www.mfibanking.com), a 
      wholly-owned mortgage brokerage specializing in commercial and 
      residential lending in Washington and Alaska, intends to enter into a 
      share exchange agreement with a public company. The Company will 
      continue to retain majority control of MFI. The Company hopes to have a 
      share exchange agreement completed within 2-3 months.
    
    
      Karim Bhanji, CEO of Haz Holdings: “A share 
      exchange agreement involving MFI will bring enhanced value to our 
      shareholders because it will allow MFI’s 
      management to focus more on expanding MFI’s 
      mortgage business.”
    
    
      On March 19, 2007, the Company announced the closing of the merger 
      between Haz Holdings Inc., a Texas corporation, f/k/a Oncology Med, 
      Inc., and Haz Holdings, Inc., a Delaware corporation (the “Merger”), 
      that, as a result of the Merger is now the wholly-owned and operating 
      subsidiary of the Company.
    
    
      About Haz Holdings, Inc.
    
    
      The Company’s primary business is the 
      ownership and management of hotel properties in the United States and 
      Canada. The Company wholly-owns three family friendly mid-range business 
      hotels operating under the brand names “Hotel 
      Marquis & Suites” and “Marquis 
      Inn & Suites” (www.hazhotels.com).
    
    
      The Company’s portfolio also includes the 
      following wholly-owned subsidiaries: Nationwide Hotel Management, LLC, a 
      hotel management company; KB Realty Group International LLC, a 
      commercial and residential real estate sales company; Evergreen Sound 
      Construction, LLC, a commercial and residential development company; and 
      DoTravelDeals.com (www.dotraveldeals.com), 
      a global travel booking engine.
    
    
      More information about Haz Holdings, Inc. can be found at http://www.hazholdings.com.
    
    
      NOTE: This press release may contain "forward-looking statements." In 
      some cases, you can identify forward-looking statements by terminology 
      such as "may," "will," "should," "could," "expects," "plans," "intends," 
      "anticipates," "believes," "estimates," "predicts," "potential," 
      "continue" or the negative of such terms and other comparable 
      terminology. These forward-looking statements include, without 
      limitation, statements about our market opportunity, our strategies, 
      competition, expected activities and expenditures as we pursue our 
      business plan, and the adequacy of our available cash resources. 
      Although we believe that the expectations reflected in any 
      forward-looking statements are reasonable, we cannot guarantee future 
      results, levels of activity, performance or achievements. Actual results 
      may differ materially from the predictions discussed in these 
      forward-looking statements. Changes in the circumstances upon which we 
      base our predictions and/or forward-looking statements could materially 
      affect our actual results. Additional factors that could materially 
      affect these forward-looking statements and/or predictions include, 
      among other things: (1) the company’s ability 
      to manage its current merger transaction; (2) the company's limited 
      operating history; (3) the company's ability to pay down existing debt; 
      (4) the company's ability to secure necessary financing for its property 
      acquisitions; (5) potential litigation by shareholders and/or former or 
      current advisors against the company; (6) the company's ability to 
      comply with federal, state and local government regulations and/or 
      unforeseen changes in federal or and government regulations; and (7) the 
      risks inherent in the investigation and consummation of the acquisition 
      of a new business opportunity or other factors over which we have little 
      or no control.