Pennsylvania Governor Ed Rendell Welcomes Fundamental Financial to Lehigh Valley

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Pennsylvania Governor Ed Rendell presents $290,000 worth of grants and tax credits to newcomer Fundamental Financial.

Fundamental Financial's decision to locate in Pennsylvania is an excellent example of how our efforts to improve the state's business climate and create new opportunities for our people are paying off.

Pennsylvania Governor Ed Rendell today presented a $150,000 Opportunity Grant and $140,000 in Job Creation Tax Credits from the Governors Action Team to Fundamental Financial.

In his remarks at the presentation ceremony Governor Rendell commented, "Today's announcement is fantastic news for Lehigh County." He also noted, "Fundamental Financial's decision to locate in Pennsylvania is an excellent example of how our efforts to improve the state's business climate and create new opportunities for our people are paying off."

Receiving the grant on behalf of the company was Fundamental's Senior Vice President of Sales & Operations, Dan Bemis.

In receiving the grant Mr. Bemis commented, "We deeply appreciate the very warm welcome we have received to this area. After extensive research we concluded that the Lehigh Valley was the ideal location for our Sales & Operations headquarters. We are grateful to be here and welcome the opportunity to make the Lehigh Valley a cornerstone in fulfilling our future strategy."

Fundamental plans to officially begin operations in Allentown on April 16, 2007 and has already made offers of employment to eight professionals in the Lehigh Valley. The company is actively seeking additional qualified candidates for the position of Loan Consultant. Interested candidates should send their resumes to careers @ fundamental.com.

About Fundamental Financial

Fundamental Financial is an education finance company specializing in student loan consolidation. The company's mission is to develop leading education financing solutions and to make them universally available to students, parents and educational institutions throughout the nation.    To learn more about Fundamental Financial, visit http://www.fundamental.com.

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DALI SINGH
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