Fast payday advance loan

Business Editors

CLEARWATER, Fla.--(BUSINESS WIRE)--July 13, 2000

Pinnacle Business Management (OTCBB: PCBM) has announced that it will begin offering the services of its Fast PayCheck Advance subsidiary in at least six locations in the state of Utah later this month. The Utah service centers are the company's first locations outside of Florida. More significantly, they are the first openings in the planned national expansion of the payday loan firm.

"Expanding to Utah is a terrific event for Pinnacle Business Management," said Bruce Hall, president of PCBM. "Fast PayCheck Advance offers a quality service with a unique delivery that is a win-win for everyone involved in the transaction. We can't wait for the day that we are operating from coast to coast and border to border."

PCBM currently has received approval to operate in nine states across the country including Florida, Utah, California, Missouri, Kentucky, Louisiana, Indiana, North Carolina and Idaho. Openings are slated for these states in the coming weeks and months as PCBM plans to have Fast PayCheck Advance operating nationwide by the end of the year.

The new locations will be in-store service centers operating within existing vendor locations. Of PCBM's current 125 locations in Florida, all but four operate in a similar fashion.

About Pinnacle Business Management

Pinnacle Business Management (OTCBB: PCBM) commenced operations in 1996 in Florida. In 1997, PCBM opened its first Fast PayCheck Advance of Florida, Inc. location and has rapidly grown to have more than 125 service centers. Fast PayCheck Advance offers people who face financial difficulties a short-term solution at a reasonable rate under highly responsible conditions. The company is licensed to operate in nine states and expects to be servicing clients nationwide by the end of this year. For more information log onto www.pcbm.com or call 877-877-9307.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from the forecasted results. These risks and uncertainties, include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.