Washington, DC (BUSINESS WIRE)--(April 30, 2003)--FOCUS Enterprises, Inc., the Eastern U.S. region's premiere investment banking and consulting firm for middle-market and smaller companies, today announced an affiliation with Hong Kong-based Elfcorp International Limited, a business development and strategic advisory firm. The new affiliation will supply their respective client companies with exceptional opportunities for collaboration as well as with direct access to both firm's extensive resources and regional expertise, particularly in North America, Asia Pacific and Europe.

"Clients of both Elfcorp and FOCUS will benefit immediately from access to the wide ranging resources of both organizations. Our affiliation allows us to expose our M&A and corporate finance clients to international buyers, sellers and investors, quickly and cost effectively," said Marshall Graham, Chairman of FOCUS Enterprises.

Douglas E. Rodgers, Managing Partner of FOCUS Enterprises adds, "Elfcorp is an organization we've known and admired for years. The firm provides essentially the same type of high level client service to its clients as FOCUS, except in a different part of the world. We very much look forward to working with Elfcorp on cross-continent client assignments."

"Elfcorp is extremely pleased with the strategic affiliation with FOCUS Enterprises, Inc.," according to Eduard L. Ferguson, President and CEO of Elfcorp International Limited. "The agreement between the two companies provides the kind of synergy that expands the reach of our mutual resources and expertise, allowing both firms to enhance client services. In an increasingly competitive global marketplace, both FOCUS Enterprises and Elforp International are now exceptionally well positioned to advise and assist a broad range of clients in achieving their corporate growth strategies."

About Elfcorp International Ltd.

Based in Hong Kong, Elfcorp International Limited is a business development and strategic advisory firm, dedicated to the financial and business development objectives of a broad range of clients. Established in 1990, the firm assists client companies in developing and implementing specific strategies that may entail identifying, negotiating and structuring strategic financing arrangements, joint ventures or corporate restructuring, including the development and preparation of necessary documentation. Visit www.elfcorp.biz for comprehensive information about the firm.