EMERGE
              CAPITAL CORP.
              
               

              MERCHANT
                BANKERS

            	 

              
                109
                  North Post Oak Lane, 

                Suite
                  422

                Houston,
                  TX 77024

                TEL:
                  713-621-2737

              

              FAX:
                713-586-6678

            


    

    


    


    Thursday,
      February 23, 2006

    Company
      Press Release

    


    


    Emerge
      Capital Corp. Sells Aim
      American Mortgage Subsidiary

    


    


    HOUSTON,
      TEXAS - (PRWEB/VINTAGE
      NEWSWIRE) - Thursday, February 23, 2006

    


    Emerge
      Capital Corp. (OTCBB:EMGC) announced today that the company has sold its
      interest in its residential mortgage lending subsidiary, Aim American Mortgage,
      Inc.

    


    Emerge
      Capital President and CEO Tim Connolly commented “This sale is part of our
      continuing plan to focus our resources and capital in those areas we believe
      will provide the greatest return to our shareholders. Rising interest rates
      and
      softening housing markets led to our recent decision to divest ourselves of
      our
      real estate subsidiary, Lehigh, and our mortgage lending subsidiary. We can
      now
      concentrate our efforts on executing the Emerge Capital Corp. long term business
      plans.”

    


    Emerge
      Capital Corp.
      provides
      Business Restructuring, Turnaround Management, and Advisory Services for
      emerging and re-emerging public and private companies through its wholly owned
      operating subsidiary, Corporate Strategies, Inc. (CSI). CSI helps micro-cap
      public companies accelerate growth, provides working capital strategies, funding
      alternatives and in select cases, makes direct investments in our client
      companies. CSI markets its turnaround services to hedge funds, institutional
      investors, and banks that have significant exposure in troubled micro-cap public
      companies. Typically, these companies are in operational or financial
      difficulty, may be in default of lending or equity agreements, and may be facing
      bankruptcy or liquidation if their operations are not turned around. CSI is
      compensated with cash payments on a monthly or quarterly basis, and the most
      significant part of our compensation is in outright grants of equity in the
      form
      of common stock, and/or warrants for purchasing common stock. We believe this
      compensation plan provides us with an opportunity to achieve venture capital
      like returns on our equity participation, and aligns our interests with the
      client company and its shareholders because our ultimate compensation is
      determined by successfully increasing shareholder value. This performance based
      arrangement clearly demonstrates that our interests are consistent with the
      goals of our clients, their shareholders, and the shareholders of Emerge Capital
      Corp. 

    ________________________________________________________________________________________

    Contact:
      Darla
      Blaha      

    Emerge
      Capital Corp/Corporate Strategies, Inc. .   

    713-621-2737     

     news@corporate-strategies.net    

    


    All
      statements included in this press release, other than statements of historical
      fact, are forward-looking statements. Although Management believes that the
      expectations reflected in these forward-looking statements are reasonable,
      it
      can give no assurance that such expectations will prove to have been correct.
      Important factors could cause actual results to differ materially from the
      expectations that are disclosed in this Press Release. While Emerge Capital
      Corp/Corporate Strategies, Inc. believes its forecasting assumptions are
      reasonable, there are factors that are hard to predict and influenced by
      economic and other conditions that are beyond Emerge Capital Corp/Corporate
      Strategies, Inc.'s control. Among the other important factors which could cause
      actual results to differ materially from those in the forward-looking statements
      are detailed in Emerge Capital Corp/Corporate Strategies, Inc.'s filings with
      the Securities and Exchange Commission.