Consolidated Wins Three Major Contracts

Consolidated Resources Group Inc. (OTC Pink Sheets: CSRZ) announced today
that it has won three major contracts to provide cable television along
with high-speed internet and various other telecommunication services with
one of the world`s largest resort developers.

The three contracts are for a seven-year period retroactive to September
1, 2003 with a five-year extension option. The value of the contracts was
not provided.

Resort Television Services, Inc. was acquired by Consolidated Resources
Group in July, 2003. It provides interactive cable television systems,
high- speed internet access and services to the timeshare resort industry.
RTS presently has existing business relations with several owners of
several resort properties.
Joseph R. Bergmann, President of CSRZ said, “These contracts are
significant in our plan to grow the Resort Television Service Division. We
believe there is tremendous opportunity in this sector and Resort
Television Services will allow us to become a leading supplier to resort
properties in this growth industry.”

Consolidated Resources Group is a publicly traded holding company. The
Company was formed in November 1998 using a profitable silk floral, plant
and tree wholesale business as the nucleus for the new business,
established as a private company well before the formation of the public
entity. The Company intends to reapply to the Bulletin Board within the
near future, where it traded when the company first became public.

NOTE: Statements made by Consolidated Resources Group Inc. that are not
purely historical are forward-looking statements within the meaning of the
“safe harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Such statements involve a variety of risks and uncertainties,
including, without limitation, statements with respect to the Company`s
strategy and prospects. These statements are made based upon information
available to the Company at the time, and the Company assumes no
obligation to update forward- looking statements. Readers and investors
are cautioned that the Company`s actual results may differ materially from
those described in the forward- looking statements due to a number of
factors including, but not limited to, (1) demand for the Company`s
products and services; (2) the Company`s ability to continue to develop
and launch its markets; (3) changes in the current and future business
environment, including interest rates and capital and consumer spending;
(4) the impact of competitive products and pricing; (5) reliance on key
strategic alliances; (6) the availability of skilled personnel; (7) the
regulatory environment; (8) the risks outlined in the Company`s filings
from time to time with the Securities and Exchange Commission; and (9) the
impact of yet unknown competitors, technological obsolescence, problems
with technology, problems with shipment; inadequate supplies and business
opportunities.
Consolidated Resources Group editorial, based on news release distributed by PR Newswire

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