MoneyLogix
Group, Inc.

    
      9000 Keele
St., Unit 4

        Concord,
Ontario,  L4K 0B3

        905-761-1400

        www.MoneyLogixGroup.com

    

    

    


    OTC
Symbol: MLXG

    MONEYLOGIX
GROUP, INC. ANNOUNCES APPOINTMENT OF

    NEW
MANAGEMENT TEAM & BOARD OF DIRECTORS

    


    Concord, Ontario (May 14,
2009): MoneyLogix Group, Inc. is pleased to welcome its new Management
Team and Board of Directors. Joining the management team are: Mike Knarr,
President & CEO; Gary Cilevitz, CFO & Corporate Secretary; Adam Seanor,
EVP, Business Development; and, Tom Copeland, EVP, Investments. In addition,
Alex Haditaghi, CEO of Mortgagebrokers.com will be joining Mr. Knarr and Mr.
Cilevitz on MoneyLogix’ Board of Directors and will be serving as Chairman of
the Board of Directors of MoneyLogix.

    


    Working
out of MoneyLogix’ new offices in Concord, Ontario, the management team intends
to apply its experience to MoneyLogix’ focus on creating value through timely
acquisitions, investing in high-yielding value enhancement tactics and executing
the best exit strategies for each unique investment property in
Canada.

    


    


    Alex
Haditaghi, Chairman of the Board of Directors


    Alex
Haditaghi has been working in the mortgage industry since 1999 and has extensive
experience in both residential and commercial mortgages. He has worked with some
of the top financial institutions in the country and has developed solid
relationships with leading private and institutional mortgage brokers and
lenders.   Realizing a need for an online mortgage brokerage in
Canada, Mr. Haditaghi formed Lending Tree Canada in 2000.  He served
as CEO and President for five years until he founded MortgageBrokers.com in
January 2005.

    


    As
Chairman of MoneyLogix, Mr. Haditaghi will be responsible for the business
vision, expansion, resourcing and providing overall leadership.

    


    Michael
Knarr, President & Chief Executive Officer

    Mr. Knarr
has been working in the consumer finance sector in Canada in a variety of senior
management positions with General Electric from 1995 to 2008.  In his
last role at GE as COO of GE Money Trust Company, Mr. Knarr was central to the
launch, growth and eventual wind-down of GE’s deposit-taking financial
institution regulated under the Trust and Loan Companies Act, and was
responsible for all operational elements of the trust company.  Mr.
Knarr has a Bachelor of Honours Business Administration degree from Wilfrid
Laurier University.

     

    As
President of MoneyLogix Inc., Mr. Knarr will be responsible for leading the
company's strategic, operational and regulatory requirements to facilitate the
company's growth plans.

    


    Gary
Cilevitz, CFO & Corporate Secretary

    Mr.
Cilevitz is a CA with 15 years experience in both Canadian and American
accounting and auditing, with a focus in dynamic high growth public companies.
Prior to MoneyLogix, Mr. Cilevitz held the position of CFO and Corporate
Secretary at Richview Resources Inc., a TSX listed company. During his tenure at
Richview Resources Inc, he managed all finance, accounting, disclosure and
regulatory filings.  Fundraising activities included a German Fund
Raise Prospectus, convertible loans and private placements.

    


    As CFO
and Corporate Secretary, Mr. Cilevitz will be responsible for all facets of the
accounting and finance department, government filings, corporate governance,
internal controls and strategic planning.

    


    Tom
Copeland, EVP, Investments

    Prior to
joining MoneyLogix, Mr. Copeland was the Vice President, Finance for Easton’s
Group of Hotels where he was responsible for all aspects of the business
including: finance, strategy, construction development, contract negotiation,
administration and operations, as well as due diligence for both acquisition and
divestiture.   During his 10 year tenure the company experienced
double digit growth adding seven hotels and 1,200 rooms by 2008. Mr. Copeland
holds an M.B.A. and B.Sc. from the University of Toronto.

    


    As EVP,
Investments, Mr. Copeland will be responsible for leading the company’s
investment process including sourcing and analyzing opportunities as well as due
diligence for acquisition and divestiture.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    Adam
Seanor, EVP, Business Development & Investor Relations

    Prior to
joining MoneyLogix, As an equity research analyst with Clarus Securities in
Toronto, Mr. Seanor was responsible for coverage of TSX-listed, financial
companies including banks, finance companies, trust companies and asset
managers. Prior to that, Mr. Seanor was an equity research analyst at Blackmont
Capital Inc. covering diversified financial services. Mr. Seanor was awarded the
Chartered Financial Analyst (CFA) designation in 2003 and graduated with his MBA
from the Schulich School of Business and a BA from University of Western
Ontario.

    


    As EVP,
Business Development & Investor Relations, Mr. Seanor will support the CEO
through the development and maintenance of the pitch book/offering documents and
the Company’s marketing materials.

    


    MoneyLogix
would also like to advise investors that it filed its 10-Q for the period ending
March 31, 2009 on May 14, 2009. Investors can view this filing at
www.sec.gov.

    


    About
MoneyLogix Group, Inc.:

    MoneyLogix
Group Inc. is an early stage capital investment company focussed on
opportunistic acquisitions in the real estate market.  The Company has
offices in Concord, Ontario, Canada.  It is a publicly traded company
and quoted on the Nasdaq OTC Bulletin Board
(Symbol:  MLXG).

    


    MoneyLogix’
New Contact Information:

    MoneyLogix
Group, Inc.

    9000
Keele St., Unit 4

    Concord,
Ontario,  L4K 0B3

    905-761-1400

    www.MoneyLogixGroup.com

    info@moneylogixgroup.com

    


    For More
Information:

    Adam
Seanor

    (416)
258-5146

    


    Safe
Harbor and Caution 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 MoneyLogix Group,
Inc.'s performance made by analysts are not endorsed by MoneyLogix Group Inc.
and do not represent the opinions, estimates or forecasts of MoneyLogix Group,
Inc. 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. www.sec.gov
..