Angel Acquisition Corp

CARSON CITY, NV–(Marketwire – 03/29/10) – Angel Acquisition Corp (OTC.BB:AGEL) is pleased to announce that its micro-lending and peer-to-peer social lending network is actively developing collaborative retail partnerships. (www.angelsinaction.tv).

The company is in discussion and looks to formally sign and announce the following contract within the near term:

a. Online Retailing Group: the company met last week with the management team of an online retail group. The intention of the discussions is to form up a revenue sharing partnership whereby a portion of each sale processed would migrate forward to initiate micro-loans via Angels in Action (www.angelsinaction.tv)

b. Angels in Action Online Merchant Partnerships: the company is actively seeking online retail partnerships and other collaborative ventures. If you, or your company operates an online portal that actively sells, markets and processes commerce, and you would be interested in discussing a partnership, please contact the company directly. (The company will not entertain any discussions with groups that operate pornographic and/or adult genre products).

With these expanded online sales and revenue options, the company expects to accelerate the deployment of Angels in Action (www.angelsinaction.tv) via these planned and now emerging strategic partnerships. Angels in Action is poised to serve the estimated 28 Million un-banked and under-banked individuals thru its micro-lending and peer-to-peer lending efforts. The company will update its shareholders on these and other key business advances as formal contracts are completed.

From time to time, the Company may issue news releases that contain ‘forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be ‘forward-looking statements.’ ‘Forward-looking statements’ are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

Contact:
Investor Relations contact@angelacquisitions.com
1-775-887-0670