ENGAGE CAPITAL TO JOIN PANEL AT CALIFORNIA DEBT & INVESTMENT ADVISORY COMMISSION CONFERENCE

Tools to Revitalize California Communities2nd Annual Conference – October 17, 2003

NEWPORT BEACH, Calif., August 3, 2003 --- Engage Capital will join a prestigious panel of investment experts at the “Tools to Revitalize California Communities 2nd Annual Conference” to be held at the Los Angeles Westin Bonaventure Hotel on Friday, October 17, 2003.

Engage Capital’s President and CEO David Takata said, “We are proud to join hands with the California Debt and Investment Commission in their efforts to develop new tools for community leaders wishing to enhance their access to capital. This conference is a must attend event for investors, business people, and public officials facing strategic decisions related to the changing demographics of American communities. California’s leadership is ahead of the curve in understanding this trend, as evidenced by the sponsorship of this unique event.”

The conference features numerous concurrent sessions covering topics such as private equity financing, urban real estate development and financing, and non-profits participation in economic development. Conference registration and additional information are available at www.lgc.org/events.

About Engage Capital, Inc.

Engage Capital, founded in 2002, is a diversified investment firm that specializes in unique research as a method of identifying and maximizing value for its clients. The company focuses on the impact of the rapidly changing demographics in the United States. Engage Capital is one of top investment firms in the country demonstrating knowledge of minority consumer behavior and buying preferences.

The company is a member of the Department of Commerce’s Minority Business Development Agency (MBDA) Steering Committee for capital access, and works closely with thought leaders on minority business issues. Engage Capital provides strategic consulting and corporate advisory services, and makes principal investments in growth businesses.