CHICAGO, Sept. 16 /PRNewswire/ — As was announced on July 28th, 2009, The Wyncrest Group, Inc. (Pink Sheets: WNCG) a niche insurance consortium today reaffirms that its pending acquisition of Florida Insurance Consulting Inc. is moving forward towards an agreement on the terms for the acquisition. Wyncrest has been provided with (FIC) financials and is in the process of its due diligence. The acquisition is still targeted for completion in the 4th quarter. Once again, this acquisition is an important key to our growth in the Latin American markets. With the huge growth of the Spanish speaking population in the US, many markets are underrepresented and many families and businesses need an insurance and financial services provider.

Wyncrest plans to acquire insurance and financial services businesses and capitalize their most valuable asset of interest being the customer database with servicing contracts. These acquired customers and agent relationships provide immediate

China INSOnline Corp. (CHIO) is an Internet service and media company focusing on the Peoples Republic of China insurance industry. Trading on the NASDAQ Capital Market, with a current market capitalization of $148.00 million, the company uses localized websites targeting greater China. They provide, through Soobao, a network portal through their industry website www.soobao.cn. They offer online automobile, property and life insurance services through this site.

Soobao’s goal is to raise the national insurance consciousness and reduce the cost of national security in China. They do this by constructing and maintaining their network to integrate and optimize business flow throughout the insurance sales and related client services process. China INSOnline Corp., via Soobao, provides this portal to insurance companies, agents, and consumers for advertising, online inquiry, news circulation, online transactions, statistics analysis and software development.

Headquartered in Beijing, the company represents major insurance underwriting firms in China. China INSOnline

China INSOnline Corp. (CHIO) is an Internet service and media company focusing on the Peoples Republic of China insurance industry. Trading on the NASDAQ Capital Market, with a current market capitalization of $148.00 million, the company uses localized websites targeting greater China. They provide, through Soobao, a network portal through their industry website www.soobao.cn. They offer online automobile, property and life insurance services through this site.

Soobao’s goal is to raise the national insurance consciousness and reduce the cost of national security in China. They do this by constructing and maintaining their network to integrate and optimize business flow throughout the insurance sales and related client services process. China INSOnline Corp., via Soobao, provides this portal to insurance companies, agents, and consumers for advertising, online inquiry, news circulation, online transactions, statistics analysis and software development.

Headquartered in Beijing, the company represents major insurance underwriting firms in China. China INSOnline

China INSOnline Corp. (CHIO) is an Internet service and media company focusing on the Peoples Republic of China insurance industry. Trading on the NASDAQ Capital Market, with a current market capitalization of $148.00 million, the company uses localized websites targeting greater China. They provide, through Soobao, a network portal through their industry website www.soobao.cn. They offer online automobile, property and life insurance services through this site.

Soobao’s goal is to raise the national insurance consciousness and reduce the cost of national security in China. They do this by constructing and maintaining their network to integrate and optimize business flow throughout the insurance sales and related client services process. China INSOnline Corp., via Soobao, provides this portal to insurance companies, agents, and consumers for advertising, online inquiry, news circulation, online transactions, statistics analysis and software development.

Headquartered in Beijing, the company represents major insurance underwriting firms in China. China INSOnline

China INSOnline Corp. (CHIO) is an Internet service and media company focusing on the People’s Republic of China insurance industry. Trading on the NASDAQ Capital Market with a current market capitalization of $148 million, the company uses localized websites targeting greater China. They provide, through Soobao, a network portal through their industry website www.soobao.cn. They offer online automobile, property and life insurance services through this site.

Soobao’s goal is to raise the national insurance consciousness and reduce the cost on national security in China. They do this by constructing and maintaining their network to integrate and optimize business flow throughout the insurance sales and related client services process. China INSOnline Corp., via Soobao, provides this portal to insurance companies, agents, and consumers for advertising, online inquiry, news circulation, online transactions, statistics analysis and software development.

Headquartered in Beijing, the company represents major insurance underwriting firms in China. China INSOnline