MortgageBrokers.com Announces Improved Results for Q2 FY 12/31/2008; Strong Revenue and Profitability; Speculative Buy Rating Reiterated TORONTO, Aug. 21 /PRNewswire-FirstCall/ -- MortgageBrokers.com's (OTCBB: MBKR) announced its improved results for Q2 FY 12/31/2008, with strong revenue growth and profitability. Investors should realize that being Canadian-based, MortgageBrokers.com is not directly affected by the U.S. real estate and mortgage problems. MortgageBrokers.com's common stock price reacted positively to the results of the second-quarter FY 6/30/2008, rising 27% to $0.14. We reiterate our Speculative Buy Rating. For complete research note and disclosures please visit: http://www.jmdutton.com/research/MBKR/index.html Cautionary Note Regarding Forward-Looking Statements ---------------------------------------------------- Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as 'Forward-Looking Statements' for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including 'anticipate,' 'await,' 'envision,' 'foresee,' 'aim at,' 'plans,' 'believe,' 'intends,' 'estimates,' 'expects' and 'projects' including without limitation, those relating to the company's future business prospects, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Please be aware that any opinions, estimates or forecasts regarding MortgageBrokers.com's performance made by analysts are not endorsed by MortgageBrokers.com and do not represent the opinions, estimates or forecasts of MortgageBrokers.com or its management. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. http://www.sec.gov/. Contact: Jody Janson 1.585.232.5440 DATASOURCE: MortgageBrokers.com Inc. CONTACT: Jody Janson, (585) 232-5440

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