Subject: OCFN Builds Shareholder Value Through Alliances

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OCFN Builds Shareholder Value Through Alliances

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Company:
Omega Commercial Finance Corp. (OTCQB: OCFN)

Ωmega Commercial Finance Corp. (OTCQB: OCFN) OCFN Chart

Omega Commercial Finance Corporation Projects a $1.01 per Share Increased Book Value

"Shareholder Value Is a Significant Part of Our Growth Strategy"

MIAMI, FL- (Marketwire - Sep 4, 2012) - Omega Commercial Finance Corporation (OTCQB: OCFN) believes it can build shareholder value through two strategic alliances with a proven commercial property owner and developer with unencumbered real estate assets. This past period ending June 30, 2012, CCRE Capital LLC, a wholly owned subsidiary of OCFN, completed strategic alliances with Flavio Zuanier, who is the managing member of Gardens VE Limited and Towers Limited. Mr. Zuanier has 35 years of proven hospitality development and construction engineering expertise. As reported in the recent S-1 Registration Statement, OCFN has 49% ownership interest in both alliances. The alliances project to have an estimated total FMV of 71 MM. Fundamentally, once the auditor consolidates these assets to the balance sheet, management estimates this could garner a projected Book Value increase of 34.79 MM, or a $1.01 per/share BV. President Jon S. Cummings IV states, "This is a significant step towards seeking prudent diversification and growth for the company's shareholders!"

About Us

OCFN is a commercial real estate lender and specialty finance holding company. Through its subsidiaries, Omega CRE Group LLC and Omega Capital Street LLC, the company shall focus primarily on originating, investing in, acquiring, and managing senior-performing commercial real estate mortgage loans, commercial mortgage-backed securities, commercial real estate corporate debt and loans, and other commercial real estate related debt-investments in the U.S. and globally.

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