ECGP Envit Capital Group Inc (CE)

The Envit Capital Group, Inc. (Pink�Sheets: ECGP), a holding company founded in 1979, headquartered in Boston Massachusetts for financial entities announced today that one of its subsidiaries Envit Capital Private Wealth Management, LLC., has completed the acquisition and name change of Clary Asset Management, LLC., a Registered Investment Advisor located in the State of Texas. Clary Asset Management, LLC previously managed approximately $70 million in asset under management since the 1980�s. These assets have decreased over the years but Envit believes that this acquisition will not only give our Private Wealth Division exposure to a significant increases in wealth in West Texas as a result of recent highs in oil prices, but will also help in our plan to significantly increase our presence throughout the United States. Edward M. Laborio Chairman and CEO, said today �This is just another small step in Envit�s goal in becoming more than just a small boutique investment firm. We will continue to aggressively pursue additional opportunities for the growth of Envit Capital.� The company is headquartered in Boston, Massachusetts at 99 Summer Street; 17th Floor Boston, MA 02110 (617)-542-3333. Forward-looking Statements "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.