Notice: Acquisition Completed

[Notice]

You are receiving this because you have been identified as an investor. If 
you would like to discontinue receiving these announcements, please respond 
to rem_msr at post.com .
-------------------------------------------------------------------

EMB Corporation (OTC-BB: EMBI) 
announced that it completed the acquisition of First Guaranty Financial 
Corp     
  

What is EMB Corporation? 
EMB Corporation (OTCBB: EMBI) is a financial services holding company, 
which provides a network to mortgage brokers, both retail and wholesale 
through its wholly owned mortgage companies, currently including American 
National Mortgage, and First Guaranty Financial Corp. Mortgages originated 
by its group of companies may be held temporarily for investment, or may be 
sold to third parties/financial institutions, or may be secured, packaged, 
and sold as mortgage backed securities.  The Company will be expanded 
through the acquisition of specific business-related companies that are 
well established in the industry to better serve its client base. Current 
acquisitions are American National Mortgage and First Guaranty Financial 
Corporation. American National Mortgage is a multi-state mortgage lender 
that specializes in Home Loan Programs from FHA to jumbo conventional up to 
$1 million. First Guaranty Financial Corporation is a wholesale and 
mortgage banker and broker doing business in fourteen states, at present 
time. The Company also intends to make capital investments in other 
financial holding companies that will provide additional ancillary services 
to EMB. Through these wholly owned subsidiaries, the Company will engage in 
business activities serving the residential mortgage lending industry, real 
estate industry, etc. Consumers are served on a retail basis, while 
mortgage brokers are served on a wholesale basis.  In addition, because 
each Company's acquisition will be synergistic with the other, they will 
contribute to the Company's overall goal to maintain the Company's position 
as a key player, if not one of the leaders in the financial services 
business for the 21st Century.  The Company also intends to look at mergers 
and acquisitions in other areas of business that might enhance 
shareholder's equity, such as the healthcare and technology fields. 

Financial Information 
The Company's proforma for total mortgage fundings for fiscal 2002 is 
approximately US$50 million a month or $600 million for the year. The 
Company envisions that 82% of its revenues will emanate from the wholesale 
business and that its retail mortgage lending business will generate the 
remaining 18%. The Company is projecting revenues of approximately 
$8,000,000 from mortgage banking and brokerage alone. They can project a 
net profit on $600 million of new business with $8 million of revenues to 
be approximately $800,000 or approximately $0.04 cents per share earnings 
based on approximately 20,000,000 shares issued and outstanding and fully 
diluted at that time. This does not include any projections from other 
companies that we may acquire during the year. They anticipate that in the 
first three years of operation the Company will focus in acquisitions and 
in opening new markets, with expansion and consolidation of all of its 
operations during the subsequent years. 

EMB Corporation Stock Information 
Symbol:                                EMBI 
Exchange:                         OTC:BB 
Shares Outstanding:      16,000,000 
Float (Estimated):           3,600,000 
52 Week Range:          $0.02 - $0.44 
  

For more information, read on or visit: 
www.embcorp.net 
  

Recent Developments 
EMB Corporation's Subsidiary First Guaranty Financial Corporation Exceeds 
2001 Projections 
HUNTINGTON BEACH, Calif., Dec. 5, 2001 (PRIMEZONE via COMTEX) -- James E. 
Shipley, President of EMB Corporation (OTCBB:EMBI) announced today that its 
wholly owned subsidiary, First Guaranty Financial Corporation, is having a 
record year for 2001 and has exceeded projections in originations, 
fundings, revenues and profits. First Guaranty Financial Corporation, 
(http://www.fgflend.com), headquartered in Santa Ana, California, is a 
multi-state wholesale mortgage lender that has a winning strategy in the 
vastly competitive field of mortgage banking. 
Mr. Rod Thompson, President of First Guaranty said, "Total fundings for 
calendar year 2001 will exceed $540 million representing more than a 224% 
increase over calendar year 2000." Mr. Thompson went on to say, "More 
importantly the company will exhibit strong net earnings for the fiscal 
year ended September 30, 2001, based on gross revenues in excess of 
approximately $9 million instead of our projected $8 million for the 
period. We have added some new key personnel and expect demand for our 
mortgage products to remain robust throughout 2002." 

James Shipley, President of EMB said, "We are very proud of the excellent 
job Mr. Thompson and all those associated with First Guaranty have done, 
and continue to do." Mr. Shipley went on to say, "Technology for valuation 
of property, underwriting automation, and the entry of foreign capital into 
the U.S. markets will continue to provide an environment where well managed 
mortgage lenders can thrive. EMB's formula for success is in place, and our 
strategy is to continue to assist FGFC with national growth, advertising, 
and increased technology through additional acquisitions, and/or mergers, 
that are presently in negotiations or under review." 
EMB Corporation Releases October Results for First Guaranty Financial 
Corporation 
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Nov. 8, 2001--James E. Shipley, 
President of EMB Corp. (OTC BB:EMBI) today announced that its wholly owned 
subsidiary, First Guaranty Financial Corp., had a record month for October, 
and is having a record year in originations, fundings, and profits. 
First Guaranty Financial Corp., (http://www.fgflend.com), with headquarters 
in Santa Ana, Calif., is a multi-state wholesale mortgage lender that has a 
winning strategy in the vastly competitive field of mortgage banking. 

Rod Thompson, President of First Guaranty said: "Total residential mortgage 
fundings for the month of October exceeded $50 million for the 4th month 
this year. This represents a 242% increase over October 2000 with a 
dramatic increase in profits for the same period. Record funding numbers 
and volume do not always equate to profits. However, First Guaranty is 
extremely focused and maintains a tight reign on costs of production and 
personnel which does equate to profits." 
Thompson went on to say: "I recently attended the National Mortgage Banking 
Conference in Toronto, where most lenders were extremely bullish for 2002 
despite the September tragedies and national corporate layoffs. Housing 
values are strong, rates are at an all time low, and leverage is 
tremendous. 
"I believe that there has never been a better time to buy a home, or a 
second home, or an investment property. Whether a borrower is buying their 
1st home with FHA financing, a move up home with 100% financing to 
$685,000, or an ultimate luxury home for 3 or 4 million dollars, FGFC 
offers ultra competitive rates and service." 
Shipley said: "We are very proud of the excellent job Mr. Thompson and all 
those associated with First Guaranty have done, and continue to do." 
Shipley went on to say: "Technology for valuation of property, underwriting 
automation, and the entry of foreign capital into the U.S. markets will 
continue to provide an environment where well managed mortgage lenders can 
thrive. 

"EMB's formula for success is in place, and our strategy is to continue to 
assist FGFC with national growth, advertising, and increased technology 
through additional acquisitions, and or mergers, that are presently in 
negotiations or under review." 
EMB Corporation Purchases First Guaranty Financial Corporation 
HUNTINGTON BEACH, Calif., Oct 9, 2001 (BUSINESS WIRE) -- James E. Shipley, 
president of EMB Corp. (OTCBB:EMBI) today announced that it completed the 
acquisition of First Guaranty Financial Corp. 

First Guaranty Financial, is a leading midsize mortgage banking/brokerage 
company originating loans through both wholesale and retail production 
efforts, while doing business in 14 states, is well managed and profitable. 

Rod Thompson, president of First Guaranty said, "The company is well suited 
to perform satisfactorily in any mortgage climate as their production is 
comprised of both entry level FHA borrowers as well as luxury home buyers 
with individual loans to $4 million."He further stated, "As of September 
30, 2001, First Guaranty funded approximately $490 million in new mortgage 
loans for fiscal 2001, an increase of approximately 205% over fiscal 2000. 
Our net profit before taxes for fiscal 2001 is approximately $400,000 based 
on gross revenues of approximately $8 million for the period. 

"Current record low interest rates based on the Federal Reserve cuts should 
fuel the mortgage loan business in general with even higher fundings, 
higher revenues, and higher profits for fiscal 2002. Our projections for 
fiscal 2002 starting October 1, 2001 is to fund approximately $600 to $650 
million with solid progressive growth. We are looking forward to joining 
the new EMB management team."Shipley said: "FGFC is a specialist in 
government-type loans and is Fannie Mae and HUD approved Service Provider, 
with direct underwriting capabilities. Rod Thompson, president of First 
Guaranty, will be elected to the board of directors of the EMB Corporation 
at its next scheduled meeting. 
"Shipley went on to say: "Current management of EMB is aggressively 
pursuing an acquisition plan that fits our new corporate direction, which 
is becoming a financial services holding company utilizing the latest in 
technology. The acquisition of First Guaranty fits our growth strategy and 
met our criteria as a business operating profitably with experienced 
management, and will be a great addition to the EMB companies." 
The above news release's contains forward-looking statements within the 
meaning of Section 27A of the Securities Act of 1934, including the 
statements concerning expected results for the balance of the year and 
expected store maturities. The statements are based on assumptions about 
the future, which are subject to risks and uncertainties, such as 
competitive conditions in retail, changes in consumer confidence, and 
normal business uncertainty. Actual results could differ materially. 

Mission Statement 
The Company's mission is to provide a network of financial services, which 
provide practical, yet innovative new scientific technology that improves 
and expedites the real estate mortgage lending process for mortgage/real 
estate brokers, credit unions, small banks, and individual users. It is 
also the company's intention to provide financing and/or purchase other 
business that are or can be profitable that may not be related to the 
mortgage or real estate business, but will enhance shareholder equity. 

Business Activities   
The business activities of the Company will incorporate new scientific 
technology to provide a service network to mortgage retail lenders and 
ultimately to mortgage brokers throughout the country. Mortgages originated 
by the Company may be held temporarily for investment, or may be sold to 
third parties/financial institutions, or may be secured and sold as 
mortgage-backed securities.  In addition to solidifying its residential 
mortgage banking service business, the Company will, in an orderly and 
organized fashion, launch several divisions including a REIT for both 
residential and commercial properties, wholesale and retail mortgage 
lending services along with title insurance and escrow services, as well as 
other ancillary financial services. The Company's proprietary ASP will 
allow its clients to provide services seven days a week so that mortgage 
brokers and retail mortgage lenders always have on-line access to current 
interest rates and fees, all of which may be downloaded at any time to any 
computer utilized by the client. Similarly the status of loans being 
processed or underwritten would be able to be determined at any time from 
the client's terminals that originate the application. The borrower, or 
his/her agent, at any remote site will be able to utilize the Company's 
financial services network to connect with escrow, title insurance 
companies, credit correction and reporting agencies, and other ancillary 
services that may become available. 

Marketing and Sales Activities      
Through its well-organized plan for marketing and sales activities the 
Company has the opportunity to become a key player in the mortgage real 
estate lending industry. Specific sales and marketing activity include:  
Solidifying the Company's mortgage business through geographic market 
expansions. Initial focus includes growing and expanding targeted markets 
(mortgage brokers, real estate brokers and credit unions) in already 
established geographic areas of the state of California and subsequently 
the nation.  To solidify newly initiated commercial mortgage business.  To 
subsequently begin operations on the Company's title insurance business for 
closings related to mortgage products.  To acquire additional 
mortgage-related companies that will improve and enhance the Company's 
revenues over the long range.  To also acquire additional ancillary 
financial services companies that can improve and enhance the Company's 
revenues.  To invest in other financial services companies that will 
enhance the shareholder equity of the company. 

Management 
James E. Shipley, President and CEO Due to his 30+ years of experience and 
knowledge of the real estate industry and in both retail and wholesale 
mortgage lending businesses, the Company will be unique in its ability to 
recognize the many advantages that innovative technology can provide to the 
industry. He also has the ability to make tough decisions, with excellent 
communication and people's skills, and can successfully negotiate and 
acquire other companies that could enhance shareholder's equity. 
Rod Thompson, President of First Guaranty Financial Corporation 
William R. Parker, CEO and President of Saddleback Investments Services, 
Inc. d.b.a. American National Mortgage 
Anthony John A. Bryan Jr., Senior Managing Director of Investment Banking 
at Global Transitions, LLC 
John B. LaRue, Senior Managing Director of The Watley Group, LLC 

Investment Opportunity 
EMBI is an incredibly undervalued stock. Don't miss this one! 

For more information visit: 
www.embcorp.net 

========================================= 
Disclaimer: 

 MSR publishes reports providing information on selected companies that MSR 
believes has investment potential. MSR is not a registered investment 
advisor or broker-dealer. This report is provided as an information service 
only, and the statements and opinions in this report should not be 
construed as an offer or solicitation to buy or sell any security. MSR 
accepts no liability for any loss arising from an investor's reliance on or 
use of this report. An investment in The Above named company is considered 
to be highly speculative and should not be considered unless a person can 
afford a complete loss of investment. MSR has been hired by a third party 
consultant, and is contracted to receive a cash advertising fee of 
$500-$5000 for the publication and circulation of this report. Subsequently 
MSR may buy or sell shares of the stock of the above mentioned company in 
the open market. This report contains forward-looking statements, which 
involve risks, and uncertainties that may cause actual results to differ 
materially from those set forth in the forward-looking statements. For 
further details concerning these risks and uncertainties, see the SEC 
filings of the above mentioned company including the company's most recent 
annual and quarterly reports. 

---