r> Newest CorpHQ Portfolio Company to Obtain Public Listing REDONDO BEACH, Calif., Oct. 31 /PRNewswire-FirstCall/ - CorpHQ Inc. (OTC: COHQ) today announced that its newest portfolio company, The Giving Card, Inc. ("TGC") received a "best efforts" $1 million equity financing commitment from SG Martin Securities LLC of Great Neck, NY, an NASD-Member broker dealer. The agreement also calls for SG Martin to file all necessary documents with the NASD to qualify TGC for trading on the OTC-Pink Sheets market. Last week CorpHQ announced that another portfolio company, Safeguard Technology International, Inc., also received a $1 million funding commitment and has agreed to go public. (Logo: http://www.newscom.com/cgi-bin/prnh/20050628/LATU103LOGO ) CorpHQ entered into a definitive Business Services Agreement with TGC on September 30, 2005. San Diego-based TGC has developed an innovative, proprietary affinity credit card program. The platform is designed to help merchants attract and retain customers, to enable non-profit organizations to generate donations, and to allow shoppers to make charitable tax-deductible donations to the organization of their choice. The program works seamlessly, enabling consumers to use existing credit and debit cards to support local and national causes without having to spend more than they already do. TGC's program also offers a competitive advantage in that its rebates are significantly higher than many other affinity and rewards programs. The Business Services Agreement provides for a comprehensive business relationship between Corp HQ and TGC encompassing management, accounting, finance, human resources, marketing, advertising, and public relations. CorpHQ will provide capital and hands-on management to scale TGC's business to meet the growing market opportunity it has identified. As compensation for its services, CorpHQ will receive 5% of all outstanding equity securities of TGC valued at approximately $500,000 and an option to purchase up to an additional 20% pursuant to certain performance criteria. During its early stages of development, TGC has already signed up over 200 merchants, including major hotel chains and national car rental companies. TGC recently secured a worldwide, exclusive endorsement from the Vatican enabling the company to use the Vatican "brand" exclusively for the next 5 years for any debit or credit card with a charitable rebate program. This endorsement represents a significant opportunity to target more than 65 million Catholics with a simple way to donate using everyday purchases. "Accelerating the growth of companies is our specialty. Seeing our relationship with The Giving Card come to fruition with a funding commitment and anticipated public listing is highly gratifying, even more so because it is our second portfolio company to reach this level of success this quarter," said Steve Crane, CorpHQ Chief Executive. "The Giving Card is a well developed and innovative company with experienced, professional executive management. We look forward to fostering growth and are proud to be a part of its future success." "Our program taps into the philanthropic predisposition of millions of Americans and the willingness of merchants to rebate a portion of revenues to secure new business and produce a constant stream of donations for charitable organizations," said Don Stump, TGC President. "With CorpHQ's management and capital resources, we can now focus on exploiting the vast market potential that the relationships with the Vatican and other non-profit organizations present to our company." ABOUT THE GIVING CARD The Giving Card Inc. uses the power of philanthropic credit cards to increase financial support for non-profit organizations, with a worldwide exclusive endorsement by the Vatican. Charitable giving reached $248.5 billion last year (Giving USA, 2005). An all-time high of 84% of Americans say they are likely to switch brands, when price and quality are equal, to help support a cause (2002 Cone Corporate Citizenship Study). And the vast majority have credit or debit cards. TGC believes it can achieve effective market penetration quickly, establishing itself as the leader in developing new sources of revenues for non-profit organizations utilizing caring cardholders and participating merchants. ABOUT CORPHQ (OTC: COHQ) CorpHQ, Inc. provides money and management to high caliber early stage companies, fast-tracking their growth from startup to profitability. Acting as a business accelerator, CorpHQ takes on entrepreneurs with commercially viable products and services and delivers both the capital and hands-on leadership needed for long term growth. The company has a track record of building successful businesses and making a profit. Since 2001, it has helped develop seven companies while generating four consecutive years of growth and earnings for shareholders. Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement. For further information please see http://www.corphq.com and http://www.thegivingcard.com.

Source: PR Newswire