On March 21, 2010, four private investors — Banamex, the Norwegian Microfinance Initiative, ACCION International and BlueOrchard and other banking institutions launched MIGROF, a micro-finance growth fund for Latin America and the Caribbean, based on US President Barack Obama’s economic blueprint for the region, which he unveiled last year, in April 2009, at the Fifth Summit of the Americas in Port of Spain, Trinidad.

“This is not charity. Let me be clear: this is not charity. Together, we can create a broader foundation of prosperity that builds new markets and powers new growth for all peoples in the hemisphere, because our economies are intertwined,” President Obama said at the time.

The Recovery Act that President Obama signed into law provided $50 Million in micro-financing funds over a 2-year period. These funds have been in distribution through state Small Business Administration offices. This is on top of the $21 million already allocated through the SBA’s micro-enterprise programs.

“We are excited about the President’s desire for micro-finance to play a significant role in energizing the American economy,” said Steven Bonenberger, CEO of Angel Acquisition Corporation. “The goal of participating in this action group is twofold: to raise the awareness of micro-finance as a vital tool in the recovery of the US economy and to continue the legacy of the President’s late mother, S. Ann Dunham Soetoro, who was a pioneer of micro-finance programs in Indonesia as an instrument of empowerment and fiscal responsibility.

“We hope that President Obama continues to build on the foundation that his administration has laid to enable MFIs (micro-finance institutions) and like-minded organizations to have the transformative economic success in our own country that has been enjoyed and lauded on the international stage for the past 20 years. We are finding that investors nowadays want to achieve the ‘double bottom line’ — true societal benefit while realizing financial returns. Our micro-financing division, Angels in Action (www.angelsinaction.tv), accomplishes this within a uniquely collaborative and fiscally responsible framework.”

Micro-lenders and micro-financing institutions (MFIs) provide loans to recipients that would not otherwise be possible under traditional lending methodologies. The loan amounts generally range from $1,000 to $25,000. These organizations have seen immense growth due to the global economic downturn during the past 2 years as conventional lending entities struggle to achieve the significant revenue and profit levels that were enjoyed prior to the downturn. Angel Acquisition Corp is dedicating resources, assets and expertise to establish best practices and be a leading provider of microfinance services.

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

“These discussions show that the leading banks in the industry are now embracing the viability of micro-financing and micro-lending as services vital to the recovery and rebuilding of the US economy,” said Steven Bonenberger, CEO of Angel Acquisition Corp. “Obviously, due to the sensitive nature of these discussions I am not at liberty to be more specific. Suffice it to say that these developments demonstrate a commitment by each of these institutions to those entrepreneurs who come to us with their dreams when they have nowhere else to turn. They also clearly illustrate that as we grow our local economies organically, brighter days lie ahead for our great country. Just as we were thrilled about our partnership with Microsoft, we are excited and look forward to building profitable and mutually beneficial relationships with these community-minded financial institutions.”

Micro-lenders and micro-financing institutions (MFI’s) provide loans to recipients that would not otherwise be possible under traditional lending methodologies. The loan amounts generally range from $1,000 to $25,000. These organizations have seen immense growth due to the global economic downturn during the past 2 years as conventional lending entities struggle to achieve the significant revenue and profit levels that were enjoyed prior to the downturn. Angel Acquisition Corp is dedicating resources, assets and expertise to establish best practices and be a leading provider of micro-finance services for US based entrepreneurs.

Darryl Bradshaw, former Vice President of Loss Mitigation Services with JP Morgan Chase and now the executive liaison and director of his own financial and legal services firm, Titanium 1 Consulting Group, said, “I truly believe in the mission of Angels in Action (www.angelsinaction.tv).

“Some of the country’s largest banks have already partnered with organizations like Angels In Action to provide the inspiration and the means to those visionary entrepreneurs who want to build their communities and their local economies from within. My firm provides consulting services to some of these institutions, and I can say that the methodologies of Angels In Action (www.angelsinaction.tv) are not only great ideas but in my estimation an absolute necessity to restart the engine of our economy: America’s small businesses. In my 20 plus years of corporate banking experience and having personally dealt with some of the top executives in the industry, I can say the time for micro-financing has never been more urgent. Angels In Action is positioning itself to be an industry leader by executing its prime directives while at the same time delivering profitability to its investors and partners. Therefore, in my opinion, a joint venture with Angels In Action makes more than just good sense, it makes good business sense.”

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

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

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

a. Mobile Phone Application: the company looks to formalize a mobile device “Angels In Action” payment and processing application that will operate across a broad Spectrum of mobile and hand-held devices

b. Angels In Action Credit Card and Micro-loan Management System: the company is in ongoing negotiations with a credit card branding group and looks to finalize these discussions and launch its “Angels in Action” branded credit card and micro-loan management system. The Angels in Action Credit Card will operate as one of the primary platforms that the company will utilize to operate & manage its micro-lending division.

With theses expanded payment processing and distribution options, the company expects to accelerate the deployment of Angels in Action (www.angelsinaction.tv) via several strategic partnerships. Angels in Action is poised to serve the estimated 28 Million un-banked and under-banked communities 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

The Club E website also features a new section called “Ask Peter”. In this question and answer series, successful serial entrepreneur Peter Burns entertains questions from entrepreneurs around the globe, and responds with his personal insight and experience. The blog’s purpose is to garner knowledge shared from someone who’s been through the trenches, and wants to help entrepreneurs build and expand their successful businesses.

Club E is an official joint venture partner with Angels In Action, the microfinance and peer-to-peer lending division of Angel AC.

For additional information visit:

Angels In Action: www.angelsinaction.tv
Twitter: www.twitter.com/angelsinaction
Facebook: http://www.facebook.com/pages/Angels-In-Action/145472396848.

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
775-887-0670

Angels In Action is inviting fans and friends to join them on Twitter and Facebook.

Twitter: www.twitter.com/angelsinaction

Facebook: http://www.facebook.com/pages/Angels-In-Action/145472396848.

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
775-887-0670

The Halo Effect is part of Angel In Action’s new Spend to Lend program. Generous patrons called “Angels” spend $25 US dollars, and for their purchase they receive valuable product. Angels In Action then lends portions of the proceeds to an American entrepreneur in need of a micro-loan. Plus AIA donates 10 percent to a charity. The first ever Halo Effect features: Arnie, an American entrepreneur seeking a micro-loan of 10,000 US dollars.

In 2001 Arnie’s son was involved in a devastating auto accident, and his son suffered a severe brain injury. Arnie and his wife have since dedicated their lives to creating the Neuro Institute, in order to care for Brandon and others. They have also created DVDs and written a book. They will use the microloan to fundraise for their foundation, and to market the DVDs and book.

When generous Angels Spend to Lend towards Arnie, they will receive the book “New Day Revolution” written by Sam Davidson and Stephen Moseley.

And, Angels In Action will donate 10 percent of each Spend to an official AIA endorsed charity.

Learn more about the Halo Effect by visiting the following websites:

The Halo Effect Newsletter:
Http://bit.ly/axomv4

Arnie’s profile on the Angels In Action website:
http://angelsinaction.tv/member/NeuroKnight

The “New Day Revolution” book:
http://store.coolpeoplecare.org/products/new-day-revolution-how-to-save-the-world-in-24-hours

The Halo Effect on the Angels In Action website:
http://angelsinaction.tv/content/TheHaloAffect.aspx

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

Ed is a psychotherapist, lecturer, and author of “Notes for the Heart, Essays in Hope, Love and Living.” He has been in private practice for twenty years assessing and motivating the lives of thousands through his insight, humor and wisdom about life and all its facets.

His role in The Angel Academy will be to be to assist entrepreneurs in the process of maintaining motivation and structure in setting goals, following the program and, more importantly, belief toward ultimate achievement and success. He will be in contact with Angel Entrepreneurs via The Angel Academy and will participate in each phase of the training, including post training supervision and coaching, to ensure individual focus and success.

His essays from his book are currently heard on KYXY, 96.5 in San Diego and are soon to be nationally syndicated.

See some of Ed’s video essays and purchase his book: www.notesfortheheart.com

Angel Acquisition Corp. (OTC.BB:AGEL) is the creator and operator of the upgraded, innovative microfinance web-portal: www.angelsinaction.tv . The site features an intuitive, user-friendly social network, music players, video functionality, and much more.

The Angels In Action community actively features U.S.-based entrepreneurs, promotes their products and services, and administers micro-loans. The site also features “Angels,” generous Americans and global citizens who “Spend to Lend.” These individuals and/or “Teams” — groups of Angels such as churches, organizations, clubs, etc. — spend $10 or more per month into the site, and finance the dreams of American entrepreneurs.

Cautionary Statement

This press release contains statements relating to future results of Angel Acquisition Corp. (including certain projections and business trends) that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the cyclical nature of the semiconductor industry and the markets addressed by the company’s and its customers’ products; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; changes in product mix; product obsolescence; the availability of manufacturing capacity; fluctuations in manufacturing yields; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation; our ability to attract and retain qualified personnel; as well as other risks and uncertainties, including those detailed from time to time in Angel Acquisition Corp. Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:
Angel Acquisition Corp.
contact@angelacquisitions.com
(775) 887-0670

The Angels In Action community actively features U.S.-based entrepreneurs, promotes their products and services, and administers micro-loans. The site also features “Angels,” generous Americans and global citizens who “Spend to Lend.” These individuals and/or “Teams” — groups of Angels such as churches, organizations, clubs, etc. — spend $10 or more per month into the site, and finance the dreams of American entrepreneurs.

The Company adopts and operates by the following set of organizing principles:

Angels In Action: What We Believe and Declare!

a. every entrepreneur deserves to be treated with special consideration

b. every entrepreneur is imbued with genius & retains an aura of capability

c. the universe is smaller & less capable if each entrepreneur’s capabilities are laying fallow

d. this is the season of genius & the harvest of innovation awaits

e. we are God’s plow & workhorses

f. we are our brothers’ & sisters’ keepers…and in like manner as we exhibit care & support for the entrepreneurs in and amongst us, they will return this with the expressions and fruits of their labors that will bring multiplied and uncountable improvements

g. makeshift methods & cryptic backyard renderings are 1st generation expressions of what is possible and must be encouraged and supported

h. partnerships are possible & human commitment to change require community input

i. jobs & employment are fables & myths for many

j. entrepreneurs should be celebrated & supported for in their pursuits exist the solutions to many of our most vexing social, economic, political and technological dilemmas

k. organic food systems must be protected & shielded from the oncoming rush & fury of genetically modified food cartels

l. local farm systems & urban farm systems must be created, ‘set aside’ for future posterity and protected from the onslaught of the genetic food conglomerates

m. social networks exist, or must emerge, that are strictly and intentionally committed to the support, extension, enhancement and expansion of entrepreneurial efforts

n. entrepreneurs deserve the exact same measure of excellence and access to resource as government-backed & funded & supported disciplines

o. private property rights and intellectual property rights must be shielded and fully protected from any invasive and injurious intentions that would seek to minimize and/or fractionalize their owners deriving the full weight and benefits (into perpetuity) for their efforts and accomplishments

p. multiplied capital surpluses and supplies are required and access to such is the directed intent and stated outcome of our network & affiliations

q. support and ‘mastermind links’ are equal stated outcomes & direct intentions of our network & affiliations

r. seek no harm & bring about bounty & plenty is expected of each participant and/or organization

s. discussion and open pursuit of excellence that seeks to improve the lives of all is one of the operating foundational principles of our network & its affiliations

t. many to one and one to many is embraced and artfully deployed as a foundational principle in our network & its affiliations

u. genius comes in all sizes and ages and absolutely no person shall or will be overlooked or maltreated in our network and its affiliations — we operate as a zero tolerance and equal opportunity staging and pursuit of excellence platform

v. the age of technological advancements and new seasons of inventions and improvements are just beginning and our network & its affiliations promote and expect to be the font of multiplied thousands of patents and new ways of doing and being

w. angel coaching and continual ‘hands on’ exhortation are necessary and vital links that continually knit the process together & ensure that progress is being made

x. facilities for tinkering are available for usage for any and all that are active and contributing members of our network and its affiliates

y. no person or organization that seeks to do harm, or is discovered to be creating injury will be permitted entrance to, or continued access to, our network and its affiliates

z. angels in action is a part of the solution and our ultimate outcome is full-employment for all Americans via the genius that is being harnessed & unleashed and will be harvested from the efforts of our network and its affiliates

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:
Angel Acquisition Corp.
contact@angelacquisitions.com
(775) 887-0670

Under the terms of the joint venture cooperative marketing and content development agreement, Kingdom, Inc. has agreed to:

• Market Angels in Action via its internal and external systems
• Create exclusive marketing and media pieces for Angels in Action
• Disseminate and distribute these media and marketing pieces via their wide network
• Bring sales teams and support staff functions to follow up, monitor and manage clients
• Place proprietary content directly into The Angels in Action System for immediate sale

Kingdom, Inc. (www.kingdom.com) is an Inc. 500 Company with a heart for ministry.

The company was founded by evangelist and author Johnny Berguson who has been featured numerous times on national television including four appearances on the “700 Club.”Kingdom employs 125 staff members at their headquarters in Mansfield, Pennsylvania.

Kingdom, Inc. has provided products and services to over 100,000 churches, schools and businesses. They have many divisions including audio equipment, video equipment, CD and DVD duplicators, audio video installations in churches and commercial buildings, manufacturing printing and packaging of CDs and DVDs, audio video production studio and on location audio/video recording services. The Kingdom.com website provides sound system components, video and electronic equipment and church supplies.

US-based entrepreneurs are encouraged to sign up and register on the web-portal at Angelsinaction.tv. Accessing and utilizing the growing service provider network requires that all entrepreneurs be active participants. Those service providers that seek access to the company’s growing group of entrepreneurs should contact the company directly.

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:
Angel Acquisition Corp
contact@angelacquisitions.com
1-775-887-0670