OneCap Announces Approval to Begin Trading; Vince Hesser Named Company CEO/President.

Business Editors

LAS VEGAS--(BUSINESS WIRE)--April 16, 2001

OneCap, a Nevada real estate and financial services company founded by local prominent businessman Steven Molasky, announced that it was approved for trading on March 21, 2001, on the NASD Electronic Bulletin Board,

Molasky, who will serve as chairman of the board for OneCap, today announced that Vince Hesser will serve as chief executive officer and president of the company. He has been with OneCap since its inception in June of 1999. Hesser has a distinguished track record leading other Molasky companies, most recently as chief operating officer of Pacific Properties.

"I am pleased to see our company reach this significant milestone," said Hesser.

"OneCap's business model has proven successful in Nevada. Becoming a public company provides us easier access to the resources necessary for expanding and leveraging our concept.

"OneCap is a unique company that bridges the gap between real estate and financial services which allows our customers greater convenience and savings," he added.

OneCap is a comprehensive real estate and financial services company specializing in both residential and commercial transactions. The residential division offers one-stop shopping to home buyers and sellers, including home mortgages, listing agents and brokerage services.

OneCap's commercial division specializes in transactions and competitively priced commercial real estate loans. To provide superior service to developers and property owners in land acquisition, development, construction and permanent financing, OneCap works directly with financial institutions including banks, savings and loans, insurance companies, conduit lenders and credit companies.

OneCap has headquarters in Las Vegas and is located at 5450 West Sahara Ave., Second Floor, Las Vegas, Nev. 89146. For additional information visit: onecap.com.

This news release contains certain forward-looking statements within the meaning of section 21e of the Securities Exchange Act of 1934, as amended, and other applicable securities laws. All statements other than statements of historical fact are "forward-looking statements." Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking statements. Although the company believes that the expectations reflected in any of its forward-looking statements will prove to be correct, actual results could differ materially from those projected or assumed in the company's forward-looking statements. These risks and uncertainties include, but are not limited to, factors described from time to time in the company's reports filed with the Securities and Exchange Commission. These reports may be obtained free of charge at the Web site of the Securities and Exchange Commission at http://www.sec.gov.