Exhibit
99.3





Contact:


Bruce J.
Haber


(914)
235-5550, x. 12


bhaber@primedical.net














FOR IMMEDIATE
RELEASE








Emergent
Group Inc. Approved for Listing


On
NYSE Alternext US Exchange





Anticipates
Trading Week of November 10 under New Symbol ‘LZR’





SUN VALLEY, CA, November 6, 2008
– Emergent Group Inc. (OTC BB:EMGP.OB), a leading provider of mobile
medical lasers and surgical equipment, today announced that it has been approved
for listing on the NYSE Alternext US, formerly the American Stock
Exchange.




The
company anticipates trading on the NYSE Alternext US to commence the week of
November 10 under the ticker symbol “LZR”.




“Our
presence on NYSE Alternext US will recognize Emergent Group’s increasingly
important role in the provision of mobile medical laser and surgical equipment
through our PRI Medical Technologies subsidiary,” said Chairman and CEO Bruce J.
Haber.  “We believe this new listing will give investors a greater
opportunity to understand our potential for future growth in this exciting
healthcare sector.”




Haber
noted that Emergent is focused on the following growth strategies:




§
            Expanding
      per-procedure rentals of existing medical equipment and sales of
      accompanying disposable items in markets that now cover 16
      states.


§
            Capitalizing
      on a growing number of medical procedures and increasing limits on
      physician ownership of equipment.


§
            Identifying
      and offering new, cost-effective medical technologies to hospitals and
      physician groups with the aid of company-trained
    technicians.


§
            Pursuing
      acquisitions that expand Emergent’s sales and geographic
      footprint.




Emergent
Group should also benefit, Haber said, as hospitals shift their focus to
equipment rental opportunities and limit capital expenditures in a difficult
economic environment.




Approval
of Emergent Group’s new listing on the NYSE Alternext US is contingent upon the
company being in compliance with all applicable listing standards on the date it
begins trading, and may be rescinded if the company is not in compliance with
such standards.





About
Emergent Group Inc.


Emergent
Group Inc., through its wholly owned subsidiary, PRI Medical Technologies, Inc.
(“PRI Medical”), provides mobile medical laser and surgical equipment in 16
states on a per-procedure basis to hospitals, outpatient surgery centers and
physicians’ offices.  Surgical equipment is provided to customers
along with technical support personnel to ensure that such equipment is
operating correctly.  PRI Medical currently offers its services in
five states in the western United States and 11 states along the eastern
seaboard.  For product and other information, visit PRI Medical’s
website, http://www.primedical.net.





Forward-Looking
Statements


Statements
in this news release may contain forward-looking statements within the meaning
of Section 27A of the U.S. Securities Act of 1993 and Section 21E of the
Securities Exchange Act of 1934.  Such statements may involve various
risks and uncertainties, some of which may be discussed in the Company’s most
recent report on Form 10KSB and subsequently filed SEC reports.  There
is no assurance any forward-looking statements will prove accurate, as actual
results and future events could differ materially from those presently
anticipated.





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