Moncasa Capital Enters Agreement to Purchase Tri Palms Equity

Toronto, Ontario, Thursday 1st May 2008. Moncasa Capital Corporation ("Moncasa" or the "Company") is pleased to announce that it has signed an agreement to purchase Tri Palms Equity Inc., subject to regulatory approval. The purchase will enable Moncasa to increase its footprint to investors familiar with the benefits of investing in the Caribbean.

Toronto, ON (PRWEB) May 3, 2008 -- Moncasa Capital Corporation ("Moncasa" or the "Company") is pleased to announce that it has signed an agreement to purchase Tri Palms Equity Inc., subject to regulatory approval.

The purchase will enable Moncasa to increase its footprint to investors familiar with the benefits of investing in the Caribbean. Moncasa President John Collins stated, "We are very excited about the opportunity to have Tri Palms Equity join our family. They bring over 20 years of experience working with one of the largest Canadian developers in the Dominican Republic. Their creative approach to marketing and investment strategies dovetails with our experience and core competencies."

About Tri Palms Equity.

Tri Palms Equity Inc., is a Canadian private equity investment firm which specializes in raising capital for clients in the hospitality industry and creating high quality investment opportunities for sophisticated investors within the leisure economy.

About Moncasa Capital.

The company develops sustainable membership driven investment communities for the leisure economy through shared-ownership real estate and fractional membership programs.

Moncasa Capital Corporation Contact

John F. Collins

President

Telephone 416 363 0045

Facsimile 416 363 0064

www.moncasacapital.com

###