Ideal Financial Solutions Provides Update on Auditors, Financials


LAS VEGAS, Oct. 22, 2009 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL), a leader in personal cash-flow management and debt elimination services, is nearing completion of its selection process for auditors, having narrowed the search to two superior firms. The selection, which should be determined shortly, will result in Ideal Financial providing the market with its first independently audited financials in the company's history.

"We are continuing to assemble a team that will allow us to seek a senior listing with three immediate goals and objectives. The first was to complete our third quarter financials, the second was to prepare our financial statements for an audit, and the third was to select an auditing firm to audit our financial statements," said Ideal Financial Solutions Chief Financial Officer, Kent Brown.

"During the process of selecting an auditor we have also been preparing for an audit of the 2008 and 2009 calendar years, as well as the equity transactions from inception in 1993. As a result of this work, our third quarter financials will be delayed briefly, but barring an unexpected delay, we believe they will be made public by October 31, 2009," Brown added.

"We expect that this audit will effectively demonstrate our tremendous growth and as well as our intentions to build shareholder value by registering with the SEC and ascend to a more senior exchange," Brown stated.

About Ideal Financial Solutions

Based in Las Vegas, Nevada, Ideal Financial Solutions (www.idealfsi.com) provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in personal cash flow management systems, Ideal uses its automated CashFlow Management(C) tools (www.myifs.com) and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view a short video demo of our services go to www.ibuildwealthclub.net.

For investors who would like to receive Ideal's newsletter, please send your email address to: support@idealfsi.com

For the latest news and press, please visit www.idealfsi.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995.

Forward Looking Statements. This release may contain forward-looking statements as well as historical information. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include, without limitation, the risk that the company will not be able to complete their financial statements or audits on a timely basis or at all and as a result of its new staff and review processes and that the company's efforts to become a reporting company and ascend to the OTC Bulletin Board will be delay or prohibited as a result of a failure of the company to meet governing requirements, regulatory reviews or other issues. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.



            

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